That Bookkeeper

Small Business, Simplified

Archives

Solopreneur Bookkeeper: Building a Company of One

In my 30s, one of my favourite business books was The E-Myth Revisited by Michael Gerber. If you haven’t read it before, here’s the AI-generated, one-sentence summary. “The E-Myth Revisited is a book about entrepreneurship and the common myth that most businesses are started by entrepreneurs when in fact they are started by technicians who […]

Bookkeepers Need To Establish Their Value

When I was 14, I got my first job as a bookkeeper. It was a summer job. Someone at the office where my mom worked had quit suddenly, so they needed help. Yes, when everyone else was at the pool getting sunburns, I was in an office from 9 to 5. I was paid minimum […]

How To Read An Income Statement

Have you ever looked at one of the reports your bookkeeper sent you and…actually, let’s stop that thought there. For many freelancers, solopreneurs, or small business owners, that’s about as far as you get. You’re sent some type of financial statement that seems important, but you aren’t given any instruction or guidance on how to […]

How To Create A Budget For Your Bookkeeping Clients in 2023

In many ways, a good budget spreadsheet is one of the most valuable tools you can provide for your bookkeeping clients.

Is it the most common task you will perform in your bookkeeping business? No, probably not. Most business owners just want the bare essentials. They want their bank account reconciled and a basic set of financial statements so they can hand everything to their accountant at tax time.

Those are not the clients we will focus on today. In fact, I’d argue those are not the clients we should focus on…period.

Let’s focus on the small business owner that wants to know more about their company. They want bookkeeping services that give them a clear picture of the upcoming year. They want to know how their revenue looks and where to reign in their expenses. And, most importantly, they want your expertise to create this budget.

11 Tips For Working With A New Bookkeeper

If you run your own business, this advice is for you. You might be doing everything yourself, including the bookkeeping. Or, you’re just getting started and haven’t even decided on accounting software yet. At some point, outsourcing your bookkeeping will make your life easier. Having a professional provide bookkeeping services can be a huge benefit. […]

3 Bookkeeping Productivity Tips

Ever since I made my bookkeeping business fully remote in 2010, I have been obsessed with productivity. I’d like to share some basic concepts I’ve learned over the years that I hope will help you and your bookkeeping practice.

You Need To Outsource Your Bookkeeping In 2023

This is the year! If you run your own business and you’ve been handling your own books, it’s time to outsource your bookkeeping duties. Find out 7 reasons you should outsource your bookkeeping this year.

How To Charge For Bookkeeping Services

As a bookkeeper, you have a few different ways you can charge for your bookkeeping services. Should you bill an hourly rate? Would a flat monthly fee be better? What about value pricing your services? Let’s discuss your options and find out how to charge for bookkeeping services.