Setting Up Small Business Bookkeeping
Setting up your business bookkeeping incorrectly can translate to major financial headaches. Get started right with a few simple actions…
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What’s Important About the End of 2nd Quarter?
2nd quarter is when you evaluate and adjust what areas in your business need to change before the end of the year. Begin by reviewing 1st…
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Bookkeeping vs. Accounting: What Bellevue Small Business Owners Need to Know
Bookkeeping and accounting often get used interchangeably, but they’re different functions that serve different purposes for your business. You should know the difference.
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Cash Flow for Small Businesses
Cash flow is exactly what it sounds like: the amount of money flowing in and out of your business at any given point in time. Companies that don’t pay attention to this are more likely to struggle when something unexpected happens.
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Which Bookkeeping Reports Should You Review Monthly (and what they tell you)
You must regularly review and understand your bookkeeping reports. It empowers you to make critical business decisions with confidence. These are the basic reports to review monthly to keep your business moving forward.
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Track business expenses and organize receipts
If you are like most business owners, you probably don’t enjoy the effort required to track business expenses and organize receipts.
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When Is It Time to Hire a Bookkeeper?
These questions help small business owners to determine if it’s the right time to hire a bookkeeper to help keep your business finances in order.
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What are You Worth? Determining Your Compensation
New business owners often ask me, “What should my compensation be? How should I pay myself?” Here’s what I like to tell them.
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How to Pay Yourself a Paycheck From Your Business
Whether you are on salary or take a draw of income out of your own business, here is what to consider about how to pay yourself a paycheck.
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Why We Procrastinate and How to Stop
Putting things off isn’t about being lazy or undisciplined. This means that we are acting against our best interests. We know we should do something, but we can’t seem to make ourselves do it.
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