Forecasting the Future: What You Need to Know

You step into the bookkeeper’s dark office, closing the door behind you. She sits in front of you, several monitors behind her all showing the same thing: QuickBooks Online’s logo as a screensaver, dancing around like a rubber ball in a bouncing castle.  “Please take a seat,” she points at the chair in front of […]

How to Maintain Cash Flow and Protect Your Business from Failure

One of the biggest killers of businesses is cash flow, specifically when there isn’t enough to keep the business going. Cash is king, as they say but this is especially true when you are trying to keep a business alive. A lot of this comes down to paying attention to what expenses you have currently […]

How You Can Use Job-Costing for Successful Trades Business Growth

If your business is project-based, it can be hard to know exactly how much profit vs. expenses you make with each job. There may be times when expenses are purchased for several jobs at once or used over several projects. Clients have multiple invoices with incomplete payments, but you have a hard time keeping track […]

Six Good Reasons You Need a Bookkeeper as a Tradesman

A lot of you may be wondering, “If I already have a CPA or accountant, why would I need a bookkeeper?” While accountants are very talented at what they do, most don’t have the time to focus on the details that is bookkeeping and instead prefer to refer their clients to a bookkeeper. Bookkeepers are […]

How to Find a Rockstar Bookkeeper, Locally or Virtually

When it comes to finding a bookkeeper, there are some things to keep in mind. Do you feel comfortable with this person? Remember they are going to be dealing with your finances on a daily basis so this should be someone you trust. Does this person have a good reputation? Check out their reviews online. […]

Which QBO Option is the Best Version for You to Get Started

If you couldn’t tell from my previous post, I don’t really care for the Self-Employed version of QBO. It’s limited capabilities and inability to upgrade simply means that you are stuck with an accounting software that won’t hold out when you decide to expand your business. Simple Start is a better choice, but it still […]

Which Version of Quickbooks Online Do I Have?

Possibly one of the most confusing things about Quickbooks Online is choosing which version to use. As of August 2021, there are five versions of this software: Self-Employed, Simple Start, Essentials, Plus, and Advanced. And while it might be easiest to use price as a choice factor, this won’t help in the long run as […]

Why you need a quality bookkeeper during a pandemic?

With the pandemic seeming to never end, small business owners are trying to reduce their money output to save money and keep their business running. Some may be thinking of letting their bookkeeper go. While this is completely understandable, let me tell you reasons why you, as a business owner, should hold onto your bookkeeper. […]