Accounting and Finance Advice for Business Owners

Bookkeeping Blog

You and your employees spend all day providing the best IT services possible to your customers. The day-to-day grind makes it difficult for you to find the time to focus on working on the back end of your business … No matter your business structure, self-payment is complicated. Xendoo CEO, Lil Roberts, and Director of Tax, Louis Goldberg, simplify self-payment for business owners. Outsourcing your bookkeeping is more affordable than you would think. We save you money the moment you hire us by cutting out the expensive cost of hiring an in-house CFO.

  • Bookkeeper Pro Services will take care of your bookkeeping, invoicing, billing, payroll, and tax preparation.
  • You work hard to succeed, but there are only so many hours in the day to make that…
  • Often, as you drift off to sleep, a big pile of undone tasks crashes into your dreams.
  • So if you write an encouraging and helpful article to people starting a business in a niche and region, there’s a high likelihood that you’ll rank.
  • Choose blogs that provide tips to other people trying to start their own bookkeeping business.
  • When your business grows, and you’re overburdened with tasks, you finally consider releasing some of your self-imposed DIY burdens.
  • Instead of paying others, you perform multiple tasks yourself.

While “financial statement analysis” sounds a bit intimidating, it really just means looking over the company’s… One of the top reasons employees look to make a job change is a lack of opportunity to develop and show their skills. If you believe every commercial you see on TV, you can run a wildly successful small business out of your garage. You can do all the work without help, and you can become an overnight success.

Sandra Silk Bookkeeping Blog

You can sign up based on your business needs and upgrade as you grow. You thought you were finally going to get to be creative or focus on your services or create your products – then you have to file a tax return. Our CEO, Adrian Blair, interviewed Apple co-founder and general all round good guy, Steve Wozniak.

Bookkeeping Blog

Let’s look at some of the ways that price increases that can be approached while reducing the risk of lost sales. Read our bookkeeping and financial blog for the latest ideas and information for your business. Stay current on issues that matter most to your bottom line. From small business to non-profits and everything in between. Best Bookkeeping Blog list curated from thousands of blogs on the web and ranked by traffic, social media followers, domain authority & freshness. Dana Thao is a former accountant and financial analyst turned writer.

Tax Deadlines

CPAs usually charge a flat rate each year for income tax returns, with a range based on the size of your business, revenue and other factors. For a simple Business-of-One, this rate will probably fall around $500 – $1500, but that could vary depending on your state and your business structure. If you go the DIY bookkeeping route the rest of the year, factor in the cost of your time and any software you use. When you think of online bookkeeping, you might think of anything from a virtual assistant to software like Xero. Services run a wide spectrum to meet a range of business needs. Keeping track of sales, earnings, expenses, and purchases is fundamental to the overall health and sustainability of your business. Effective bookkeeping produces the data you need to evaluate your current practices, anticipate challenges, and set attainable future goals.

Bookkeeping Blog

Bookkeeping is the process of recording daily financial transactions of a company. With clients looking to you for legal and regulatory compliance as well as guidance in their biggest decisions, the work an accounting firm does is foundational and deeply… When you’re a small-to-medium business owner, your day never ends. You lock up at night, and you might even go home and go to bed. Often, as you drift off to sleep, a big pile of undone tasks crashes into your dreams. And this is especially true when it comes to bookkeeping and accounting processes.


Whether you’re serving individuals or businesses, maintaining accurate, up-to-date ledgers and creating timely financial reports lie at the core of… If you’re like many small business owners, you wish your workday could be a bit easier. You put forth a lot of extra effort every day, but that’s often what it takes to succeed. For tasks such as bookkeeping, you could work with a trained… As fellow business owners, we understand that your time is valuable. You want your business to thrive, so you put in a lot of DIY effort.

Those who need your services have varying degrees of understanding when it comes to accounting. When you decided to start your own garage or art gallery, or hair design studio, you understood that you would take on many tasks. You realized that if you didn’t have enough cash flowing through your new business,…

Bookkeeper360 Selects Expensify as Preferred Expense Management Solution

Bench takes bookkeeping off your hands, pairing you with a real, human bookkeeper at a price you can afford. Try our services for free before deciding if we’re the right fit for you.

With the first half of 2022 behind us, it’s time to look at some accounting trends to look out for during the second. It’s not uncommon for newer small and medium-sized businesses to experience spikes in business in their first few years. Veteran businesses that have been around for years before high-level technology was commonplace could often find.

Ways to Recover Your Small Business In 2022

When assessing candidates, it’s important to look not only at total years of experience, but also at the relevance of that experience. For example, if your business is fashion, a bookkeeper who has primarily worked in the auto industry won’t have the insights into your industry that can really add value to your work together. Join the community The world’s largest online community of accountants and bookkeepers. Your business requires a lot of effort to keep everything running smoothly.

  • One of them will be starting up a CRM program on what may be a shoestring budget.
  • While “financial statement analysis” sounds a bit intimidating, it really just means looking over the company’s…
  • My search for easier, faster, accurate data processing has led me to technology driven bookkeeping and record keeping.
  • When there are a lot of steps in between, they might put it off.
  • It’s scary out there, and if you’re proceeding as though it’s business-as-usual, you’re potentially setting yourself up for pain later.
  • It is always a great time foranalyzing financials statements, to get a feel for just how well your company performed in the past year.

If you’re curious if you’re the right fit for xendoo, we encourage you to schedule a call with one of our accountants. We’ll have a simple discussion about your business and what you need. Gina Brooks is the President and Founder of Gina’s Bookkeeping Service. Our primary goal as a trusted advisor is to be available and to provide insightful advice to enable our clients to make informed financial decisions. Our Mission is to provide a comprehensive remote bookkeeping and accounting service, that is convenient, secure, reliable, affordable. Here you will find all answers to your questions on cloud bookkeeping and remote bookkeeping.

Entrepreneurs should take care before moving to the cloud as many factors need consideration during the process. A minor mistake could result in massive data loss or legal implications. For this reason, they must research and involve experts who will help them make an informed decision. Please continue reading to discover five clarity tips for digital business communication tools.

Bookkeeping Blog

All you have to do is download the right bookkeeping app on your… Do you remember the grown-up thrill you got from writing your first check?

Is QuickBooks Right for your Blog Bookkeeping?

5 min read How much does it cost to hire an in-house bookkeeper, accountant, or controller? The Power of 3 produces exponential results for business owners. Befree is one of the largest bookkeeping companies in Australia. Befree was established by accountants in 2006 to meet the ever growing shortage of quality bookkeeping service providers.

You need to get your great content in front of people so they can actually read or listen to it. To do so, you’ll want to follow the basics of SEO for bookkeepers, but it eventually morphs into a blogging & Backlinks game. This comparison of a popular DIY bookkeeping product and Bench’s full-service online solution will help you choose which is best for your small business. One of Bench’s partners, tax professional and Enrolled Agent Adam Short, shares why bookkeeping is so important to the tax resolution process.

Is There Anything Wrong With Delegating Your Bookkeeping?

Surprisingly, your clients could be avoiding their bookkeeping because they’re afraid they’ll uncover some difficult realities about how their business is really doing. It’s particularly common for small business owners who have a lot of personal equity invested in their business. Nayo Carter-Gray, EA, MBA tells her clients, “As a small business owner you are wearing all the hats, and bookkeeping tends to take a back seat to everything else until tax time rolls around. Get proactive with numbers-averse clients by giving them a list of financial statements to track. If you’re working on building your advisory services, you might also offer to do a training session on bookkeeping basics for their company.