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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

Avoid Risky Business – Review Your Bank Statement Monthly

May 15, 2012 by Ed Becker

A client of ours (before becoming a client) lost $118,000 because they weren’t reviewing monthly statements.  I’m going to tell you this story – one that is all the more heartbreaking because the business (a bakery) was already on the brink – but first, some basics every small business owner should know (but many don’t): […]

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:

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 […]