Blog
Starting a business can be compared to brewing a perfect cup of coffee. You need the right blend of beans, water temperature, grind size, and timing. But what happens when you start your blend with limited resources? Tom's journey of launching a coffee shop with just $10,000 has lessons sprinkled with hope, resilience, and astute decision-making. The Dream: Tom was not just another coffee lover. He dreamt of owning a coffee shop...
Ever wonder how some Etsy shops seem to thrive seamlessly while others face endless struggles? The difference often lies not in the products themselves but in the financial strategies backing those businesses. Here's an insight into the success of Sarah, an Etsy seller just like you, and how these strategies changed her game. When Sarah first approached me, her challenges mirrored those of many Etsy sellers. Her income was inconsist...
The Role of Bookkeeping in Small Business Strategy For many small business owners, eyes are often set on the future, filled with innovative visions and growth strategies. While being forward-thinking is crucial, so is managing the intricate details of day-to-day operations, particularly financial ones. Amidst the hustle and bustle of running a business, it's easy to push aside thoughts about invoices, expenditures, and cash flow. Howeve...
As an accountant, I often found myself advising small business owners on how to strengthen their financial foundations. While discussing bookkeeping, I couldn't help but draw parallels between managing finances and taking on a DIY home improvement project. Picture this: You've just bought your dream fixer-upper—a quaint little cottage with enormous potential. You know that by putting in some sweat equity, you can turn it into a cozy h...
Many QuickBooks Online users are unsure how to record a credit card payment. Should you write a check or create a transfer? How should you categorize it? Many users will mistakenly record the payment as an expense. When this happens, the payment doesn't reduce the credit card liability account on the balance sheet as it is supposed to. It also incorrectly doubles up expenses on the Profit & Loss statement. You should have already en...
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There’s a common myth in the world of entreprene...
Imagine walking into April, calm and collected, wi...
The Busy Trap: Rethinking Productivity Beyond Busy...
Smart Brevity Count:554 Words | 2 Minutes "Qualit...