Continuing in our series about what you need to know during your first year in business, today we're going to look at what you need to include in a New Client Welcome Kit. Exactly what you need to include will vary based on your industry, but there are a few major elements every welcome kit should include. Details on How and When to Get Paid A stumbling block for many small business owners is … [Read more...]
4 Reasons You Need a Bookkeeper
Yes, you do really need a bookkeeper. I admit, I'm a little biased as I offer bookkeeping services. But as an accountant and a bookkeeper, let me tell you that in no uncertain terms: you need to hire a bookkeeper as soon as you can afford one. Even if you've already hired an accountant. That's because bookkeeping is different than accounting. A bookkeeper handles the ongoing financial … [Read more...]
Top Financial Tools For Your First Year of Business
There are so many things to keep track of in your business, financially speaking. When you're first starting your business (and, frankly, for years after) you may find yourself overwhelmed. The best thing you can do is implement a few financial tools from the beginning (or as soon as you can) and you'll set yourself up for success for years to come. Top Tools for Saving Receipts I've talked about … [Read more...]
Using QBO to Kill Clutter
We have been hearing about the trend towards a paperless workplace for years now. However, many small businesses still struggle with all the receipts in their wallet, statements in the mail and payment notices in their inbox. One tool you may not have thought of in your fight to gain control of your messy desk is QuickBooks Online! QBO can be used as the central hub of your “Accounting … [Read more...]
The Value of a Bookkeeping Routine
It’s time for you to establish a bookkeeping system in your small business! By establishing a simple routine of daily, weekly, monthly and quarterly tasks, you will have the confidence to keep growing your business and be able to sleep at night, knowing that you haven’t forgotten to invoice a client or pay a bill. Not only will a simple bookkeeping routine allow you to focus your energies on what … [Read more...]