What is your dream? Stop procrastinating! Let’s make your dream into a goal and make that goal into reality. If you want to get organized, if you want to simplify your life, then answer is to read Eat That Frog! There’s an old saying that says, “If the first thing you do when you wake up […]
Carefree Bookkeeping
It’s a “Design Your Business To Run Itself” Post & WIN
Like most of the small business owners we work with, I’m guessing you got into business for yourself because you wanted the flexibility to set your own hours and you didn’t want to have to answer to anyone else; set your own rules and expectations. But, once the dust settled and the excitement of the […]
Exploring the Technical Terms of Accounting – Accounts Payable
Last month we explored Accounts Receivables and highlighting incoming billable funds from clients. This month we’re looking at Accounts Payable. SO! What does Accounts Payable Mean and How Does it Help Me? In short, accounts payable is the account that tells you who and how much YOU owe to your vendors. In a service-based business, […]
The Technical Terms of Accounting: Cost of Goods or COGS
Ever find yourself trying to quantify your goods and services? What does it take to put together that finished product? If you can’t break down the journey, you’ll have a hard time justifying the means. Enter… COGS or Cost of Goods. So! What exactly does the term Cost of Goods (COGS) and Gross Profit mean? […]
The Technical Terms of Accounting – Sales & Invoicing
What does Sales & Invoicing Mean and How Does it Help Me? You’re not a business unless you have sales income. Generating sales and an income is one of the primary reasons WHY you’re in business. Sales & Invoicing is my favorite account on any profit & loss reporting. This line of your report is […]
