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Bookkeeping and Consulting to Drive Your Business

Category: Budgeting

Categories / Bookkeeping, Budgeting, Time Tracking On Jun 04, 2018

“We hate keeping track of time,” the business owner told me, shaking her head. “We really suck at it. But I want to how efficiently our employees are working. I’d also like to see how our billable hours stack up against our competitors. Isn’t there another way than tracking time and labor dollars?” What I …

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Categories / Budgeting, Cash Flow On Jan 01, 2018

It’s a brand-new year, full of promise and potential. I hope you’re rolling up your sleeves to improve cash flow in 2018. Wait, that wasn’t one of your new year’s resolutions? Your 2018 budget isn’t in place? Don’t despair, it’s not too late. The best way to begin is by calculating your monthly break-even point. …

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Categories / Bookkeeping, Budgeting, Cash Flow On Dec 04, 2017

You know you’re an accountant when—during the turkey dinner, holiday shopping, and assorted festivities—your brain turns to budgeting. That’s on my mind a lot right now, as our firm guides clients through exercises and calculations to give them a detailed forecast of revenue and expenses for next year. Does the thought of creating budgets leave …

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Categories / Bookkeeping, Budgeting, Cash Flow, Time Tracking On Jul 06, 2017

An accountant walks into a bar . . . No, it’s not the beginning of a corny joke. It describes a visit I once made to a client. Her books were in shambles. She was bouncing checks right and left. She never had as much money in the bank as she thought she should. And …

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Categories / Bookkeeping, Budgeting, Cash Flow On Jun 27, 2017

Have you hesitated about rolling up your sleeves and digging into the financial side of your company? Then read on. This information will add years to the life your business—and make sense of your conversations with accountants and other trusted advisors. Let’s Start at the Very Beginning When accountants say “financial statements,” they mean three …

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