Category Archives for Bookkeeping Best Practices
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
Continue readingWhere 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
Continue readingWhere 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
Continue readingAre 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
Continue reading4 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
Continue readingWhat Type of Information Can KPIs Provide?
Owning or running a business of any size requires a close relationship with the money you’re generating and spending. From start-ups to multi-million dollar corporations, tracking financial key performance
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