Keeping good books for your company can feel overwhelming at times. As soon as you get behind, it seems impossible to catch up or keep up. I wanted to discuss 5 ways to get ahead and stay ahead.  Separate Business and Personal In general, you should not have any personal expenses running through the business.…

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Would you like to buy a Lamborghini for the price of a Honda Civic? Obvious answer, right? So why does a company, who is getting poor service, expect to get better service somewhere else but at the same price?  As the old saying goes, “you get what you pay for”. While in certain situations this…

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QuickBooks Online (QBO) has been our preferred platform of choice for quite some time now. It is probably the most popular accounting package and it works very well for our clients and their needs. Let me first start by sharing 4 reasons we use QBO. Access Having the ability to have multiple users in the…

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As a professional, we owe a certain level of service to our clients. To Quantify this, we have developed 10 promises that we make to all of our clients. These promises are the foundation of our business.  Peace of Mind There can be a lot of stress running a business. As a business owner, one…

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As your company begins to grow, one of the first people you look to hire is a bookkeeper. Maintaining strong financial records is crucial on so many levels. However, as your business begins to grow, you will eventually have the need for an accountant the next level up from a bookkeeper. This could be a…

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The world has changed and will probably never be the same again. It seems like these days it is changing drastically on a daily basis. At times it feels overwhelming just to keep up. But as with any change comes great opportunity. However, in order to seize these opportunities, we need to adapt. When it…

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I can’t tell you how many conversations I have had with business owners that want a more proactive accountant. Many accountants unfortunately are reactive. They are really good at answering questions or determining how to treat something once it has happened, but they rarely point something out in advance or provide much value until it’s…

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It’s been quite a while since created a new post. To say that things have been a bit crazy over the past couple months would be a ridiculous understatement. We feel like it has never been more important to put out valuable information that business owners can use to recover, grow and protect their businesses…

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There is a huge misconception among the small to mid-sized business community that the balance sheet serves little to no purpose.  Before I address this, let’s first take a look at what the balance sheet actually means.  The balance sheet shows the assets a company owns and the liabilities the company is responsible for at…

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Outsourcing functions of your business is becoming a much more popular and viable option in today’s marketplace. Companies are able to outsource all sorts of functions including human resource, sales, IT and of course, accounting. Today I want to touch on a few of the advantages of outsourcing your accounting function as opposed to hiring…

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