Have you ever run into someone and you can't remember their name and at some point you're embarrassed and it feels too late to ask?
Many clients feel that exact way about their bookkeeping.
Small business owners and non-profits want to better understand their finances and get the absolute most out of their bookkeeping services, but often they are confused about how to do that. You may have a lot of questions, but never ask because it feels too basic, too ridiculous, or you just never get around to taking the time to ask. Have you ever wondered things like:
What steps do I need to take if I am ready to hire an employee?
How do I understand my reporting?
What is a balance sheet and why do I care?
What tools are available that might make my life easier?
What is a cash flow projection and what would I use it for?
What can I do to make the bookkeeping process less stressful?
What do I need to tell my bookkeeper and when?
What is a 1099, who needs them, and how do I handle the process?
Chances are, at least one of these questions (and maybe a few others) has crossed your mind. If you feel in the dark on any of this stuff, the good news is that you are not alone. These are questions we get all the time, and we are going to take some time to bring you into the light.
This month, we will be covering these questions and a whole lot more in an effort to help you get a better understanding about your finances, the bookkeeping process and now to make it serve you better. We hope you come away with more clarity, and an overall better sense of your financial picture.