Category Archives for Bookkeeping Best Practices

7 Tips for Managing a Fast-Growing Organization

If one thing has held steady over the years, it’s the fact that things rarely hold steady. Change is inevitable in business, but the ability to manage a fast-growing organization matters more now than

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Yes! You Need To Do Something About the Employee Retention Credit

Have you heard about the Employee Retention Credit (ERC) and wondered what you could or should do about it? The ERC is part of the CARES Act, aimed at helping businesses weather the COVID-19 financial

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Where Did My Money Go? Part Two: Examining Your P&L Report

Where did my money go is such a common question that it gets back-to-back articles from us! Our last post looked at cash flow for small businesses. This time, we’re going to dig into your P&L report

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Where Did My Money Go? Part 1: Protect Your Small Business Cash Flow

Where did my money go AGAIN? If you are a business owner, you have probably asked yourself this question at some point. Money is coming in, but you don’t know where it is now. It is far too easy for

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Are Professional Bookkeeping Services Essential For My Business?

As your business has grown, you’ve probably added staff to improve efficiency and profits. But are you still slogging through your own bookkeeping? Perhaps it’s time to consider adding professional

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4 Ways the Profit First Method Helps You Reach Your Financial Goals

Traditionally, business finance models have told us to subtract our expenses from our revenue, and whatever is left is profit. But the Profit First method from Mike Michalowicz changes that around, as

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