Here are some tips to make small business bookkeeping easier. 1. Separate business and personal finances. Co-mingling expenses and income is a common mistake in small business bookkeeping—and one that will cause huge headaches for your business in the future. Open a...
You may be an expert in your field, but as a small business owner you need to wear a number of different hats, and you’re probably not an expert in everything. For a lot of business owners, small business accounting is an intimidating challenge. You can work hard,...
Badly tracked finances can cause your business a world of problems—from poor cash flow to improper tax filings and beyond. These kinds of problems can put a young business at serious risk. Good bookkeeping habits, on the other hand, can help a business thrive—and not...
Whether you are already underway with your business efforts, or you are just getting started, there are a few bookkeeping rules that should be implemented into your financial system: • Rule #1 – Separate Personal and Business Finances: Even though you are fronting the...
1. GIVE CLIENTS THEIR TIME BACK Clients value day-to-day finances becoming virtually hands-off! I take care of all their time consuming bookkeeping tasks, which lets them focus on actually growing their business. 2. LEARN TO LISTEN I build a great working partnership...
Managing finances and taxes comes with a learning curve for just about anyone, and freelancing seems to come with its own set of rules. From navigating quarterly tax estimates to setting up an LLC, there’s a lot to think about when you set out to work for...
