Small Business Bookkeeping Blog

Specializing in virtual bookkeeping services for professional services and construction services to help you go from playing catch up to peace of mind and cash in the bank to grow!

Year End – what do you need to do? (2)

Year End – what do you need to do? (2)

Another great thing to do at year end is look at your pricing. So, do you need to increase your prices? What are your profit margins? It is so important to know these numbers so that you know if you need to increase your selling prices or reduce your cost of goods...

Year End – what do you need to do?

Year End – what do you need to do?

It's nearly year end - it's time to talk bookkeeping! So, what do you need to be doing as a business owner? The first thing you need to think about is your bookkeeping. Is it up to date? Are you using a software like QuickBooks? Is it up to date? What do I mean though...

Why do I need to do my bookkeeping? – Part 3

Why do I need to do my bookkeeping? – Part 3

Why do I need to do my bookkeeping? – Part 3 The last two weeks we have talked about peace of mind with your bookkeeping and about cash flow. Today we're going to talk about profitability. Profitability is the key to your success. At the end of the day, you are in...

Why do I need to do my bookkeeping? – Part 2

Why do I need to do my bookkeeping? – Part 2

This is a question that many small business owners ask and they don't understand why bookkeeping is such an important aspect of their business. They think that they need to do their bookkeeping just so that they can file their taxes at the end of the year. Yes, this...

Why do I need to do my bookkeeping? – Part 1

Why do I need to do my bookkeeping? – Part 1

So let's talk cash! Cash is great when we have it and not so great when we don't. That goes for our personal life and for our business life too! Cash flow is a critical part of any business. If you have good cash flow, then that helps. Obviously if cash flow is tight...

Bookkeeping Terminology – Part 1

Bookkeeping Terminology – Part 1

I hope that last week’s blog post encouraged you to start preparing your bookkeeping your tax accountant. The sooner you get started, the sooner you will be organized and the sooner you can file your tax return! Bookkeeping is an easy thing to keep...

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