How Bookkeeping Kills Your Business

How Bookkeeping Kills Your Business

How Bookkeeping Ruins Your Business Written By Geoff Burns Bookkeeping is supposed to provide the data and information necessary to make actionable decisions for your business. Reports created by your accounting software is a picture of your financial health, just as a routine physical from your doctor tells you the pertinent information about your body. Your doctor can read the...
CPA vs. Bookkeeper

CPA vs. Bookkeeper

CPA vs. Bookeeper Written By Geoff Burns When speaking with potential clients, I am often asked if I would perform the services of a CPA. Likewise, several CPA's I know are asked to perform bookkeeping services, which is not what being a CPA is about. Today, I hope to delineate some of the differences between CPAs and Bookkeepers so you...
Why to Hire a Professional Bookkeeper

Why to Hire a Professional Bookkeeper

Why to Hire a Professional Bookkeeper Written By Geoff BurnsAccording to the Small Business Administration, 67% of all businesses fail within the first 10 years. The primary reason for this is lack of cash flow. In fact, 82% of businesses that fail, do so because of cash flow problems. In addition to cash flow problems, poor or inadequate management often...
Business Valuations

Business Valuations

Business Valuations Written By Geoff Burns Business Valuations are often considered important only if you are looking to buy or sell. But, business owners and investors can use business valuations to secure better terms for loans, find new funding sources, investigate franchising and many other opportunities. Whether you are are a business owner, investor, or just interested in the process,...
Dangers of Bad Bookkeeping

Dangers of Bad Bookkeeping

Dangers of Bad Bookkeeping Written By Geoff BurnsLets face it. Unless you are a professional bookkeeper, CPA, CFO, or other financial guru, you didn't get into business just to track transactions and create reports. You are in business to make a profit and live the lifestyle of a business owner. But in order to make a profit and live that...