Here’s a great article on the importance of staying in touch with your existing clients–and ideas on how to do it!
Posted in Information
Bookkeeping isn’t all dry numbers…we number-people
like to keep a sense of humor. In that spirit, I give you some accountant jokes:
Two accountancy students were walking across campus when one said, “Where did you get such a great bike?”
The second student replied, “Well, I was walking along yesterday minding my own business when a beautiful woman rode up on this bike. She threw the bike to the ground, took off all her clothes and said, ‘Take what you want’.”
The first student nodded approvingly. “Good choice; the clothes probably wouldn’t have fit.”
—
An architect, an artist and an accountant were discussing whether it was better to spend time with the wife or a mistress.
The architect said he enjoyed time with his wife, building a solid foundation for an enduring relationship.
The artist said he enjoyed time with his mistress, because of the passion and mystery he found there.
The accountant said, “I like both. If you have a wife and a mistress, they will each assume you are spending time with the other woman, and you can go to the office and get some work done.”
___
An accountant is having a hard time sleeping and goes to see his doctor.
“Doctor, I just can’t get to sleep at night.”
“Have you tried counting sheep?”
“That’s the problem – I make a mistake and then spend three hours trying to find it.”
Posted in Information
Financial Question of the Day: Has your business experienced cash flow problems lately?
If your small business has been experiencing cash flow issues, you’ve probably already taken a look around to find assets you can sell or use as collateral to borrow against.
Another option would be to find ways to lower your expenses.
Here is a suggestion doing both–have you considered refinancing your home and using that cash as a loan to the business?
Mortgage rates are ridiculously low now, and even if you decide not to loan the business the cash, you can afford to pay yourself less from the company’s cash if your mortgage payment is lower.
Posted in Information
Here’s a terrific article on basic bookkeeping and finding someone to help you with the financial portion of your business!
And remember, if you have questions about your bookkeeping, including QuickBooks questions, we’d love to help!
Understanding Basic Bookkeeping and Working With an Accountant | BizFilings Toolkit.
Posted in Information
Some small businesses like to do their own bookkeeping, but they aren’t sure how to go about it. I would recommend QuickBooks, but there are certainly other options–non-computerized options included. Here’s an excellent article on manual bookkeeping you might want to try when you’re first starting out in your small business. Once your business gets too large or too complicated for this system, give us a call, and we’ll help get you converted to the next step!
An Easy-to-Use Manual Bookkeeping System – Yahoo! Small Business Advisor.
Posted in Information
I recently read an article about bookkeepers and got to thinking—we do that. The part of the article that spurred this follows:
I believe that if accountants were more proactive, they could actually help more small businesses stay in business and do their part to make a big dent in reviving the economy.
I truly believe we have such valuable skills that there are millions of people who really need us right now, if only we would speak up just a bit more. —Sandi Smith Leyva
At Moore Bookkeeping, we do speak up. We tell you things we notice, even if they aren’t what you hired us to do. For example, one of my clients recently related a problem she was having keeping track of receipts from her other office hundreds of miles away. I knew her employee had an iPhone, so I suggested she have him use DropBox. It’s an online storage facility that anyone can logon to–free. I suggested she have him scan and upload his receipts to DropBox, and they would be immediately available to her, not to mention once uploaded, she could have him trash his paper copy or stick it in a box somewhere.
Sharing this little tidbit—really not what she hired me to do—has made an enormous difference in her business’ productivity. It makes me no extra money– I told her because I knew it would work, and that’s my job–help my clients in whatever way I can. She can’t thank me enough—and she’s already decided to pay for extra storage space to get all of her records off her desk.
The way I look at it–our clients do better, everybody wins!
At Moore Bookkeeping, we don’t just count the beans—we help you find ways to make better soup.
Posted in Information, Saving money
Half of 2012 is gone now…hard to believe how quickly the time goes. But more importantly, how did it go?
The Profit & Loss statement (P&L) can give you a good idea of how it’s going. Do you review this report regularly? You should! You’d be amazed what the report can tell you! It might look like a bunch of numbers, but the information in can be used to make important business decisions! Let’s take a look at some of the things you can glean from this report.
At the end of every accounting period review this report, and ask yourself these questions:
Once you’ve asked yourself these questions and considered the answers, it’s time for the biggest questions of all–“Why?” And “What can I do about this?”
Financial statements aren’t just for the tax man–they provide the information you need to run your business.
Posted in Budgeting, Information, Quickbooks
Social Security Statements are reports the IRS used to mail out every year to let you know how much money you made (and what funds you will have available come retirement age, presumably.) Apparently, they don’t mail them anymore. I didn’t always get mine (wayward mail, perhaps), so I hadn’t noticed until I read this article.
Perhaps the IRS is saving some money this way…Now I can go online and see it anytime now. Smart.
Online Social Security statement – Cool Sites from The Kim Komando Radio Show® & Web site.
Posted in Information
How easy is it to procrastinate the things we don’t like doing–say, dealing with our finances for example? Very. But there are costs associated with putting these things off. Sometimes it’s better to jump in, feet first, and get started.
Contact Moore Bookkeeping today to see if we can’t help you get a quick, strong hold on it all!
Posted in Information
The U.S. economy will grow 2%-2.3% in 2012. Despite a slowdown from the 3% pace of growth in the final months of last year, the economy will better its lackluster 2011 performance of 1.7%. Although growth started and ended last year relatively strong, it faded badly in the middle. We expect the tempo this year to pick up in the second half of 2012 and stay up through year-end. Still, growth will run shy of the pace needed to significantly lower the unemployment rate.
Consumers are finally opening their wallets after four years of saving more in an effort to restore wealth lost in the housing crash and the 2008 stock market drop. Now, even those with sizable debt are willing to borrow more or dip into savings to buy essentials, including big-ticket items such as cars. But higher energy prices, due mostly to heightened tensions with Iran, will keep consumer spending from rebounding dramatically. It will end 2012 only slightly higher than in 2011.
via Economic Outlook, Indicators, Forecasts – Your Business.
Posted in Information
Moore Bookkeeping 