Your kid doesn’t deserve a trophy!

Top 3 Blogs of the Week Here we go again. Being an avid blog reader allows me to find great content that I can share with each of you.  Her are the top 3 articles that I have read this week that are worth sharing with you!   Quote of the week:   “Whenever you find…

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3 articles that you should read this week!

I read a lot of articles.  Some of them worth sharing and others that can go in the trash.  On a regular basis I plan on pushing out a short list of items that I feel are noteworthy.  Most will be business related, but there might be some others mixed in the batch.   I…

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When do I need to start a formal “payroll”?

Payroll is expensive, confusing, and expensive.  But unfortunately, it is a necessary facet of business for almost every industry and organization type.  Use the following evaluation tactics in order to assess if you are ready to start putting employees on the books. Important Things to Know Entity Type What type of organization are you?  The…

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How to pay a bill fast!

Let me paint the picture:  This is how every business pays their bills. Step 1 – Open the envelope. Step 2 – Sort invoices. Step 3 – Enter invoices into accounting software. Step 4 – Print out your paper checks from you accounting software. Step 5 – Sign all the checks. Step 6 – Stuff…

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The Money You Lose by NOT Having a Bookkeeper!

So your asking yourself why you need a bookkeeper or accountant?  I usually fall back on 1 simple but major question.  WHAT DO YOU PAY YOURSELF PER HOUR? The usual response is usually an hourly rate… OK… sets say you pay yourself $50/ hour as a sole proprietor. Next question is then, HOW MANY HOURS…

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How does remote bookkeeping with Universal Bookkeeper work?

Remote bookkeeping allows the business owner to obtain accurate financial statements through a non intrusive process. This process will most likely involve providing access to bank, credit card, and other revenue and expense records necessary to classify transactions in the most beneficial manner for your business. Other financial records can be easily scanned and emailed to your personal Box.com account…

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