Small business bookkeeping tips for making your money do more

At mid-year, the most important things to clean up in your books are your bank and credit card reconciliations, uncategorized transactions, outstanding invoices, recurring expenses, owner transfers and any places where business and personal spending got mixed together. A mid-year bookkeeping cleanup helps you catch mistakes early, understand how your business is really doing and […]

If your business is bringing in revenue but your bank account never seems to reflect it, you are not imagining things. The gap between the money your business makes and the money you actually feel like you have almost always comes down to a handful of specific but fixable issues hiding inside your books. The […]

If your calendar is full, clients are paying and money is coming in, but you still feel financially stressed at the end of every month, there’s a good chance you’re just busy and not actually profitable. The difference comes down to one thing: whether your pricing reflects the true cost of running your business or […]

The important accounting terms every small business owner should know are the ones that show up in your financial reports every single month. These are also the terms most people ignore because they sound intimidating. Understanding terms like profit and loss, cash flow, accounts receivable, and reconciliation isn’t about becoming an accountant. It’s about being […]