Salt Lake City Bookkeeping Blog

根据您的小型企业的记账system is set up, you may be extremely stressed as April 15th approaches if your books are a mess or you may not even blink an eye since your bookkeeper handled the books properly throughout the year. As the old saying goes, nothing can be certain but death and taxes. Since taxes have to be paid each year, why avoid it until the last minute? Why push it off and have a negative impact on your business? If the proper procedures and systems are put in to place then there really is no need to worry or stress as the deadline approaches. One of our many mantras at Salt Lake City Bookkeeping is thatyear-end bookkeepingshouldn't exist.

信不信由你,一些小型企业简单地做n't need outsourced bookkeeping. Like all businesses, they still need bookkeeping just not outsourced bookkeeping. As a virtual bookkeeping firm, we have an ideal client and every once in a while we tell a potential client that we wouldn't be a great fit for them. The reasons can vary from anything technology driven all the way to company culture. We've learned it's better to be upfront with prospects earlier on in the sales cycle as opposed to trying to BS them and attempting to get a square peg to fit into a round hole.

In recent months, while at networking events bothin personandvirtually, I've noticed a lot of conversations with successful entrepreneurs and small business owners eventually gravitate towards the importance of their metrics. The availability of information and data these days is at an all time high, so why not utilize what's out there and help it improve your business. Most successful small businesses have valuable metrics that help predict their revenue growth, forecast busy times and slow times, understand customer trends, the list just goes on and on. The reason I say 'most' businesses and not 'all' businesses is that some business owners fly by the seat of their pants and don't have a grasp of what really drives their business. To me, these business owners are doing a disservice to their business and employees by not harnessing the profitability of their business, but that's a conversation for another time.

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We, as outsourced bookkeepers, get a lot of questions thrown at us given the amount ofnetworking, selling, blog commenting, training, etc. that we do. Though each answer varies depending on the situation at hand there is always a certain set of frequently asked questions we hear time and time again.

Craig Cooperis a leading financial and wealth advisor withThe Cambridge Financial Center. He specializes in business planning, estate plans, retirement planning, and wealth accumulation. A guest writer in the past, here another article that Craig has written for us at Salt Lake Bookkeeping that relates to individual and small business owners.

Most professionals have traits that they simply can't leave at work. This is very true for most bookkeepers. A highly effective bookkeeper usually has habits that make them successful while out in the field as well as at home. I've always assumed aprofessional gardeneris really good at keeping their yard looking beautiful and I've also assumed that auto mechanics never have car issues since they know what preventative steps need to be taken in order to keep their vehicle in tip top shape. As a bookkeeper, I've noticed a handful of things that I feel I excel at in my personal life and I feel it is directly tied to my professional bookkeeping career.

With the holidays fast approaching there tends to be a last minute scramble to find gifts that your friends or loved ones might really enjoy. Nothing is worse than getting a pair of socks or
something else that easily could have been regifted. Getting a well thought out gift is the best, it shows the person you gave the holidays some serious thought and planned ahead (even if you waited to the 11th hour). Here are 4 last minute gifts for that geeky friend of yours that might be a bookkeeper, accountant, or a number loving workaholic in general. Be prepared to be met with total elation when these gifts are given. We geeky types get excited pretty easily when something new helps improve efficiency and save time.

Craig Cooperis a leading financial and wealth advisor withThe Cambridge Financial Center. He specializes in business planning, estate plans, retirement planning, and wealth accumulation. Here is the first of a series of articles Craig has written for us at Salt Lake Bookkeeping that relates to individual and small business owners.

记账,general, for law firms can be trickier than it sounds, let alone trying to tackle it all at year end. Nothing is worse than spending time during the holidays trying to figure out a year's worth of financials in order to get them to your CPA before the filing deadline. This is true for all small business owners, but especially true for lawyers and attorneys. Law firms, and ultimately the owners, are held to strict compliance standards by state regulatory boards and if anything is out of order during an audit, the law
firm's license could be revoked and the doors forced closed. Some small firms may risk it and go this route, but it's not the least bit healthy for many reasons. Keeping track of the transactions within the Interest On Lawyers Trust Account (IOLTA for short and also called Client Trust Account by some) does require some extra attention since it's not as straight forward as one may think. The last thing a law firm should be doing this time of year is having one of the partners sitting down and trying to make sense of the bookkeeping system instead of going out there and getting new business. The costs of this outweigh the reward.