Learning how to run a business is not an easy task. It requires a lot of trial and error, patience, and persistence. Even then, you may feel overwhelmed, isolated, and burdened with constant pressure as you wait for your business to take off. This is likely why half of small businesses fail within the first …
Everyone knows that in order to have a successful business it is important to find ways to differentiate your business from the plethora of others. However, there are good ways to help your business stand out and not so good ways. Finding the right ways to individualize your business will help attract customers to your …
As a business owner you know budgeting is important, but do you really understand how crucial it is to know what income is coming in, what expenses are going out and how to use this information to set goals to better your businesses finances? Let’s take a look at how using a budget can set …
We understand that for small business owners it may not be in the budget yet to hire a full time bookkeeper. That’s why Profit Meadow has created the D.I.Y. Bookkeeping Academy. For a one-time payment of $697, this course will teach you everything you need to know about doing your own bookkeeping. What’s Included? The …
Managing and issuing 1099s can be a confusing process at first. Below we will break it down for you so you can walk away confidently knowing whether or not you need to issue 1099s. The 1099 form is used to report very specialized forms of income from sources that are non-employment related and may not …
Keeper is a task management system made by bookkeepers for bookkeepers! It allows you to manage all aspects of your bookkeeping business by consolidating client communications, file reviews, and reporting and task management into one application. Keeper allows you to manage your books in the most efficient manner. There are several benefits to using Keeper …
Six Reasons to Use Keeper for Your Task Management System Read More »
It may be hard to find the right job when working for someone else, especially if you have a disability. Starting your own business allows you to be as successful as you want to be and work within your capabilities. Due to the number of powerful tools online for running a business, those with a …
In previous posts, we answered the questions Why Do You Need to Reconcile? and How Do You Reconcile in Quickbooks Online? In this post, I’m going to give you step-by-step instructions for what to do when your beginning balance is off in Quickbooks Online. Note: Your beginning balance could be off for a variety of …
What Should You Do When Starting Balance is Off in Reconciliation? Read More »
This post is a follow-up to Why Do You Need to Reconcile Your Books? Check that out if you want to know the Why AND the How. 🙂 Quickbooks Online has an awesome Reconciliation feature that’s incredibly easy to use. I’m going to walk you through it step-by-step with screenshots. Step 1: Make sure everything …
If you’ve never heard of Dave Ramsey, he is a finance author, spokesperson, and radio host. He gives personal finance advice, and all of it is based on his 7 baby step principles. Ramsey’s 7 Baby Steps are as follows: Save $1,000 for your starter emergency fund Pay off all debt (except the house) using …
Using Dave Ramsey’s Baby Steps for Your Business Read More »
