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…
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…
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…
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…
I say it and I will continue to say it, time alone does nothing but record the second, minutes and hours of a day turned to week, month and then year. It is how well one uses his or her time, the quality of time spent and the return on the investment of time that counts. There are only 24 hours in a day and balance is the key if one expects to live to the fullest! You can’t…
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…
Guesstimations with your Business Finances? Every time I hear a business owner say the words, “I pretty much know that the entrepreneur is doing everything. He or she is the owner, the sales person, the receptionist and the bookkeeper. There is no way this can last. The initial thought is saving money but time is money and where there is a lost or misuse of time so too is there a lost and misuse or abuse of finances. The…
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