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Tag: Bookkeeping

CONTRACTOR EMPLOYEE, SUB-CONTRACTOR UBER, LYFT DRIVERS

September 4, 2018
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FedEx, Spectrum, CABLE COMPANIES, Uber, Lyft; just to name a few of the companies that use sub-contractors or contract workers.  Depending on your field contracting your services out to an employer is the wave of the future!  Some people think that it is illegal to do so, but it’s not.  Contracting workers is cost-savings for employers or large corporations, especially services that tend to drain their pockets.  At the same time, it provides opportunity for the average worker to…

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ELITE EXPERT BUSINESS SOLUTIONS 80/20 RULE OF BUSINESS

August 7, 2018
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As an entrepreneur every bit of your time is precious and now your time has a dollar figure on it!  You cannot afford to do things that you can pay someone else to do nor the things you aren’t equipped to do and do well!  Your business is new and so right now you’re the sales team, the receptionist, the closer of the deals, the CEO, the VP and the MVP; you’re everything!  It only makes sense that you…

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HOW YOU DO BUSINESS IS EVERYTHING PART 2

July 30, 2018
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How You Do Business IS EVERYTHING? PART 2 Is all that money in your account profit or is some of that money liability?  Are you meeting your financial goals?  Is your marketing working?  How well did you do last month? This month? Was it better this month verses last month?  What is your slow season for your business?  When is the best season to market your business?  When is the worse?  Has your bank account been reconciled monthly?  You…

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HOW You Do Business IS EVERYTHING!

July 23, 2018
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As the entrepreneur, business owner, visionary, your goal, your vision is that talent and/or gift that drove you into business.  Whether you make jewelry, coordinative fabulous events, providing marketing services etc.; whatever you do, that’s your gift, your focus and your goal.  You’ll spend hours making sure that you find your niche’ because that’s what every consultant will tell you, find what makes your business stand out.  That’s excellent advice too.  Any potential problems or things that could go…

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CASH IN THE BANK DOES NOT A PROFIT MAKE

May 22, 2018
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| Categories: Money Matters

CASH IN THE BANK does not EQUAL PROFIT You’ve been there before personally, cash in the bank but you are still broke.  The reason you are checking the cash in the bank is to make sure it is still there.  You know that you owe that cash to someone else or you may be holding it until you gain some more cash in order to make the moves that you need to make; either way; that cash in the…

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FUDGING DOESN’T WORK

April 30, 2018
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Fudging is not an official “accounting term”.  I don’t ever remember hearing that word in vocabulary of Financial or Managerial Accounting Courses but it is definitely a common word used in accounting around the offices especially at tax time. As a professional Bookkeeping and Consulting company owner, I specialize in making sure that clients monitor their day-to-day company activities on a regular basis.  For most of my clients that is a monthly review at month-end closing.  I treat them…

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YOUR COMPANY’S NUMBERS SHOULD BE A WORK OF ART

April 2, 2018
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IT’S A BEAUTIFUL PORTRAIT OR IS IT? The first thing I hear, when I tell people that I own a professional bookkeeping service and that I do tax preparation is; “you must really like numbers.”  I guess I do, but more importantly I understand them.  Financial analyst and business growth involves numbers but those numbers paint a picture of a business, the business owners and the management of that business.   In any corporation or large business, you will notice a…

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HOW MUCH IS YOUR TIME WORTH, CEO?

February 5, 2018
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You’re the CEO, the visionary, the founder of the business or ministry.  Without you there is no company, no future, no foundation.  It is crucial when building your business to be willing to do EVERYTHING! It really is, however it is wise to be able to teach, development and mentor people to do the jobs that you really shouldn’t do and do not have time to handle.   In the beginning, yes you answer your own phones, however if your…

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IGNORE THE SOUNDBITES OF TAX INFORMATION

January 2, 2018
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| Categories: Money Matters

It’s the same old thing each year.  Although less than 12 hours ago, people were celebrating the start of a New Year, I’m not sure that they know or that our definition of a New Year means the same from person-to-person.  As an Accountant and Tax Preparer, my job is to make sure that people really have a New financial year and the first thing I inquire about, is their last year!  Yep you can step into a new…

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GIVING, IT’S THE THOUGHT THAT COUNTS! EMPLOYER & EMPLOYEE

December 26, 2017
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| Categories: Money Matters

GIVINGIT’S THE THOUGHT THAT COUNTS NO, this message isn’t too late.  This is a message to corporate America.  If 2018 is to be great, understanding between Employers and Employees should improve significantly.  Under a republican government, small businesses thrive and I love that, however, many small business owners ignore and do not share the need for outsourcing properly or handling internally, human resources, payroll and bookkeeping services. Limited working capital makes everyone small business owner “do it all”.  That’s understandable…

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