Dawn Brolin is a certified public accountant, fraud examiner, and the Chief Executive Office of Powerful Accounting, a nationally recognized accounting, tax, and consulting firm. Dawn has in-depth accounting and business expertise, working in the field for more than nineteen years. She is a QuickBooks expert, a former member of the Intuit Accountant Advisory […]
8 Top Bookkeeping Mistakes Made by Small Businesses
Bookkeeping can be defined as the action of maintaining the financial records of a business. This seemingly simple work is very complicated and highly prone to errors. Small businesses experience challenging situations now and again due to the volume of their business. Apart from the lack of liquidity and tough competition, poor bookkeeping is another […]
The Basics of Good Bookkeeping for Your Small Business
Guest Article The thing that every small business owner needs to know in order to remain profitable, healthy and sustainable is to stay on top of the financial records. Having a monthly bookkeeping regimen is essential for business success. Bookkeeping focuses on three basic concepts, revenue and expenses, assets and liabilities and debits and credits. […]
The Importance of Bookkeeping For a Small Business
Accurate bookkeeping is a necessity if you run your own business. It may seem to be something of a chore but it’s vitally important that you keep track of your revenue and outgoings. Many businesses which would otherwise have been successful have been brought down by their failure to maintain proper financial records. Whether you […]
Simple Bookkeeping Strategies for Busy Small Business Owners
Every week as SmallBizLady, I conduct interviews with experts on my Twitter talk show #SmallBizChat. The show takes place every Wednesday on Twitter from 8-9pm ET. This is excerpted from my recent interview withOctavia Conner @SmartChoicellc1. Octavia is the founder of Smart Choice Business Solutions also known as The Bookkeeping Expert. The goal of Smart Choice […]
Bookkeeping 101: Assets vs. Liabilities
In the past 10 years, two different and seemingly unrelated forces rocked our world. One was the internet, which has become popular and a household item. The other was the economic upheaval experienced by most of the countries on our planet. The convergence of those two forces gave rise to another form of business, one […]