Category: 5. Run a Bookkeeping Business

Bookkeeping is a fundamental component of any business's success. It is the meticulous process of recording financial transactions, which forms the backbone of sound financial management. By keeping accurate records,

But how can you offer online bookkeeping services for small businesses? In this article, we'll explore the steps you can take to provide bookkeeping solutions for small businesses and tap

Editor’s Note It’s unusual to find outside articles devoted to the needs of the freelance accountant. But, with the author’s approval, I am sending one to you in it’s entirety. It’s written by freelancing accountant, Thomas M. Begley, to business owners explaining the advantages of outsourcing their accounting. Although a bit lengthy I think you’ll […]

As a bookkeeper, you know that managing finances and keeping track of transactions is crucial for any business. But what about managing your own bookkeeping business? Growing your bookkeeping business

While many functions within businesses now involve technology in some way or another, not all of us are technically inclined or have the level of expertise to handle certain technical

So you’ve decided to break through into the big bad world of entrepreneurship. Great for you!  But now that you’ve made the decision, there are dozens of items that you’ll

With customer experience (CX) being emphasized as a driver of success, businesses across the industries shouldn’t sleep or pass on the opportunity to make the most of it. Differentiated from

After meeting with a potential client, you should compose a letter of engagement immediately to formalize your business relationship. The letter not only seals the deal, but it articulates and solidifies expectations of both contractor and client. Most small businesses respect a formal agreement but appreciate one that is not written like a legal document. […]

As I have said to you in the past, the media – newspapers, radio, television and magazines are always searching for stories and angles. The key to good public relations is to determine who will be interested in your particular story or angle. Just two of the many techniques which you can use to succeed […]

A CD is a savings product. When you agree to purchase a CD, you agree to leave the money on deposit with the financial institution for a specified term. CDs usually pay a higher interest rate than other savings products because you agree not to make any withdrawals until the CD comes due. If you […]

With tax season behind us, it’s time to assist clients in their tax planning. For that reason, I felt it timely to discuss the IRD — I had one of my largest tax clients, and a good friend, surprised by this when his father passed away last year. When an individual passes away, it’s almost […]

The 80-20 Rule The Pareto Principle is one that is followed by most successful business operators. It’s name is derived from the nineteenth century Italian economist of the same name and is a performance rule which states that 80% of your results are achieved from 20% of your activities. It can also be expressed as […]