OSYB Blog: Number Crunch!
News and Views from OutSource Your Books, LLC
Why CPA Firms Should Outsource Bookkeeping Services
December 5, 2011 by Ed Becker
Most CPA firms are looking for ways to expand and obtain additional clients. In this competitive market, some CPAs are offering additional services including insurance products, investments, financial planning, human resources and outsourced bookkeeping. Each situation is different, but one underlying fact that firms should consider is how to hire and train bookkeepers while still […]
The Pain of Small Business Bookkeeping & Accounting
December 2, 2011 by Ed Becker
Many small business owners view bookkeeping and accounting as necessary evils, frequently asking these questions: Who has the time? Doesn’t my CPA handle this? How do I control my overhead costs? How can I grow my business if I do not have useful information to make decisions? We have no cash. Why? How do I […]
Small Business Cash Flow: How to Improve It?
November 28, 2011 by Ed Becker
Cash flow and profitability are not the same thing. Understanding the difference is critical for the health (and survival) of your small business. Many small business owners run their businesses by watching there bank balances, but this can be a recipe for disaster because they are not considering key items like outstanding checks and loans. […]
How to Keep Your Business and Personal Finances Separate
November 18, 2011 by Ed Becker
4 Bookkeeping Tips for Staying Organized As small business owner, the bookkeeping procedures you stick to can either help you stay organized or contribute to a feeling of overwhelm. These four simple bookkeeping tips are easy to implement and can help any small business owner stick to the “stay organized” track:
Why Outsource Your Books
October 18, 2011 by Ed Becker
Successful businesses utilize experienced outsourcing services as an innovative, cost-effective way to bring top professionals “in-house.” Outsourcing significantly reduces overhead while maintaining and often exceeding the level of quality personnel they can afford to hire. Outsourcing allows business owners to: Concentrate on what they do best: generate revenue and grow your business. Significantly reduce the […]
How Small Business Solves Big Accounting Problems
September 18, 2011 by Ed Becker
In addition to making their products and services valuable and attractive to customers, small business owners must also work at sales, marketing, networking and managing. Yet all of these elements do not guarantee business success. The key ingredient that determines whether an owner will be able to start a business and run it in a […]
Select an Accounting Software Program to Fit Your Business Needs
August 18, 2011 by Ed Becker
The number of accounting software products now available to your small business can be overwhelming. Features and functionality vary greatly among all products. Software that may serve one company well, may not generate the best outcome for your business. Accounting programs are designed for specific purposes to meet varied end results. While some software […]