Bookkeeping Tips for Small Businesses: How to Allocate Labor Properly
Here, we share our important bookkeeping tips for small businesses with emphasis on how to allocate labor properly in your record keeping.
We will be in contact with you shortly. In the meantime, please read our blog and find us on social media for quick tips and tricks on saving time and money
Here, we share our important bookkeeping tips for small businesses with emphasis on how to allocate labor properly in your record keeping.
Profit does not Equal Positive Cashflow It’s an odd statement, but it is a fact – profit does not equal positive cashflow. Profit is the result of a financial period (like a month) when your incoming revenue exceeds the applicable expenses. Cashflow is the way your income and expenses flow through your bank account. There…
Role of Outsourced CFO Services The road to a business’ success is certainly not a straight one. Naturally, there will be ups and down and lessons learned. Trial and error is natural when fine tuning a business’ ever-evolving processes and product or service offerings. However, there are ways to mitigate the missteps that turn into…
Being a bookkeeper is not for the faint of heart. It comes with a great deal of responsibility and meticulous attention-to-detail. Charged with the task of recording financial transactions, us bookkeepers have seen it all. And while numbers may seem boring to many (we know we are a unique pair at Two Sense Consulting),…
Top Time-Saving Organization Tips that Actually Help your Business Finances When it comes to a business’ success, one of the most important aspects an owner must take seriously is its finances. Having a steady income does not mean a business will stay afloat. In fact, the mismanagement of funds could send any, otherwise profitable,…
What is Overhead and How Much Does it Cost Businesses? If you own a business, you have overhead costs. Whether you’re the sole freelancer that uses just a monthly subscription to Canva for creating graphics or the owner of a booming business that manages payroll for 50 plus personnel. And, as we all know, for…