The two important terms “accounting” and “bookkeeping” are easily confused. What are they, how do they interrelate, and how do they interface with accounting methods, policies and procedures? What is the difference between bookkeeping and financial accounting?
One of the biggest financial mistakes that put businesses at risk is by mingling their personal and business finances. As a business owner, you don’t want to open yourself to liability or fall further into debt due to poor money management by letting your business and personal expenses mix. How do you keep business and personal finances separate?
The big question you must ask yourself as an accounting and bookkeeping business owner is why anyone will engage in your services when there are so many options out there? Well, they should opt for you because you offer excellent service and a great price. That’s perfect! But how do they even know that your services exist if your business isn’t using online marketing? How do you grow your accounting business?Continue reading How do you Grow Your Accounting Business?→
Running a business is like herding cats, it is sometimes impossible to do everything yourself. At some point you will need to develop systems to handle the chaos. Listed below are four business systems you will most definitely find useful. Take a look.Continue reading What Systems Does a Business Need?→