People First

This is a great question that I’d like to address with you today. Having a bookkeeper who knows the nuances of your business is critical.  Knowing your industry will ensure the bookkeeper will know what reporting is necessary, how they can record transactions that show the true picture of the business.  This enables the business...

So many times the business owner runs their business and really doesn’t think about the future. And so it’s important to take time to prepare a business, to allow that owner and their partners to exit the business.  If you’re tracking your finances the right way to start with, you’re going to be able to...

Profitability is defined as the degree to which a business or activity yields profit or financial gain.   I can share with you that for many years, while working for a previous business, that’s just how the owners operated.  They never thought about the future, they just wanted to see money in the bank, that bills...

I love shoe boxes. Yes, that’s right and I am not talking about shoes. I’m talking about the vessels some business owners use to keep their business receipts in. If that sounds familiar to you, you need to get someone on board to assist you with getting those documents in order. Many business owners start...

I’d like to briefly speak to you about Financial Statements and why is it important to know your numbers. I have actually presented on a recent Facebook live a three-part segment on the importance of keeping track of your numbers. First, it helps you plan.  And if you are not planning or setting goals, you...

Payroll taxes are one of the areas that business owners could be liable for if not filed correctly and they would not be protected under corporate/LLC structure. If you are outsourcing your payroll,  you want to be careful who you use.  It is critical that you work with a reputable firm that you know and...