As a bookkeeper, I help business owners track income and expenses. I help them forecast cash flow and budgets. Having organized books can help business owners also track KPI’s. Here are some of the most important KPI’s to track for your consulting business. Key Performance Indicators (KPIs) are essential metrics that help consulting businesses assess…
Author: Johna
Year-End Financial Checklist: A Guide for Small Businesses
As the year draws to a close, it’s the perfect time for small business owners to take stock of their financial health and set the stage for a successful year ahead. Let’s break down a simple yet comprehensive “Year-End Financial Checklist” to ensure you’re well-prepared for the upcoming fiscal year. 1. Review Your Financial Statements…
Getting Your Finances in Order
A Small Business Guide to Financial Record Organization Hey there, small business owners! We get it – managing your financial records may not be the most glamorous part of running your own show, but trust us, it’s crucial. Keeping your financial ducks in a row not only helps you stay on top of your game…
Small Business Accounting for Beginners
Starting a small business is an exciting venture, but navigating the world of finances can be intimidating, especially if you’re new to the game. Small business accounting is a crucial aspect that, when done right, can pave the way for long-term success. In this comprehensive guide, we’ll break down the essentials of Small Business Accounting…
What to Consider Before Hiring A Bookkeeper
Hiring a bookkeeper can be a game-changer for your business. It can save you time, reduce stress, and help you maintain accurate financial records. However, before you pick up the phone or send that email to contact a bookkeeper, there are several crucial factors to consider. In this blog post, we’ll explore the key things…
Benefits of Hiring a Professional Bookkeeper
Running a business comes with numerous responsibilities, from managing operations to serving customers. Amidst the hustle and bustle, maintaining accurate financial records often takes a back seat. This is where a professional bookkeeper can be your ally. In this blog post, we will explore the benefits of hiring a professional bookkeeper. Streamlined Efficiency First and…
Understanding Your Profit and Loss Statement
Your Profit and Loss Statement (P&L), also known as an income statement, is a financial report that provides a snapshot of your business’s profitability over a specific period. Understanding this statement is crucial for gauging your company’s financial performance. In this blog post, we’ll break down the key components of a P&L statement and show…
Understanding Your Balance Sheet
What Is a Balance Sheet? Your balance sheet is one of the most important financial statements for your business. I know, I know, everyone is more concerned with the profit and loss, or income statement. But the Balance Sheet provides a snapshot of your company’s financial health at a specific point in time, helping you…
5 Most Important KPI’s For Real Estate Agents
As a former real estate agent, I cant tell you that the field is super fast-paced competitive. Most agents are great sales people, but they aren’t usually great at tracking numbers! Key Performance Indicators (KPIs) play a crucial role in helping real estate agents assess their progress, make informed decisions, and drive growth. By monitoring…
10 Most Common Real Estate Accounting Mistakes
Accounting is an important part of real estate management, helping investors make informed decisions, track profitability, and maintain financial stability. However, numerous accounting mistakes can occur, potentially leading to costly consequences. In this blog post, we will explore the ten most common real estate accounting mistakes and provide practical tips on how to avoid them….