At this time of the year, many small businesses are behind on their bookkeeping. Their bookkeeping is driven by what others need from it — like filing taxes. Many business owners don’t make bookkeeping a priority because they have not made it a part of making better business decisions. To be frank, bookkeeping is not the [...]
When there’s cash in the account, small business owners can breathe easier. Get paid faster by emailing invoices and giving customers electronic payment convenience. We can show you how to easily implement these bookkeeping functions using QuickBooks. Send invoices electronically These days, most customers prefer receiving invoice by email. Stop sending printed invoices, when possible. Use QuickBooks to [...]
Effective strategies are critical for growth of your small business. Gathering and analyzing your company’s financial data is the best way to gain valuable insights into your short-term and long-term execution and focus. Your financial statements and other accounting records provide evidence of what your company does well or poorly. And you can leverage bookkeeping, those [...]
As a small business owner, you may think that hiring a bookkeeper is unnecessary and you could simply do it yourself. However, in the long run, it might end up costing you more money, create distractions and build frustration. Hiring a bookkeeper to help you is not only affordable, it makes a lot of business sense. [...]
You would be surprised by how many small businesses don't understand their bookkeeping and are dismayed by how much time they spend doing it. Many small businesses don't have an adequate bookkeeping system in place to understand their current situation. Some don't even know the status of their accounts receivable, accounts payable or cash flow. It [...]
Yes, YourBizManager provides bookkeeping services. And, the truth is February is not the best time for YOU to do bookkeeping. At the same time, many small business owners find themselves stressed by their bookkeeping work and tax preparation in February and right through to April. While this time of the year is a busy time for most, [...]
Properly managing your small business cash flow is critical to your success. Most small business failures are caused by poor cash flow -- not enough cash coming in the door and too much going out. Here is practical advice on how to properly manage your small business cash flow. Invoice and Collect Quickly 1. Send invoices [...]
With continuous improvements in software like QuickBooks, bookkeeping has become more automated. At the same time, any powerful software tool can be very frustrating to navigate and use effectively. For small to medium sized business, it’s often better to leave the books to a trusted professional. For this reason, bookkeeping is commonly outsourced today. Most owners [...]
Does your current bookkeeper act like your business manager? Is she or he based locally and easy to reach? Does your current bookkeeper care about the success of your business? All three answers should be YES! Here is how to choose your bookkeeper and have them be your business manager. 1. Set up in-person meetings During [...]
As a small business owner, you may think that hiring a bookkeeper is unnecessary and you could simply do it yourself. However, in the long run, it might end up costing you more money, create distractions and build frustration. Hiring a bookkeeper to help you is not only affordable, it makes a lot of business sense. [...]
