Reports Archives - Burns & Associates, Ltd.

Efficient Timekeeping and Bookkeeping Strategies for Law Firms

Leave a Comment / Accounting, Budget, Reports, Software and Tech, Timekeeping / Geoff Burns

Timekeeping and bookkeeping are essential components of law firm operations. Efficient timekeeping and bookkeeping practices can help law firms maximize revenue, minimize expenses, and comply with legal and regulatory requirements. In this article, we will discuss timekeeping and bookkeeping strategies for law firms that can improve efficiency and effectiveness.

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CPA vs. Bookkeeper

Leave a Comment / Accounting, Budget, Financial, Reports, Strategic Planning / Geoff Burns

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

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Why to Hire a Professional Bookkeeper

2 Comments / Accounting, Budget, Financial, Leadership, Reports / Geoff Burns

Why to Hire a Professional Bookkeeper Written By Geoff Burns According 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

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Business Valuations

Leave a Comment / Accounting, Budget, Evaluations, Financial, Reports / Geoff Burns

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

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Eisenhower Matrix

Leave a Comment / Accounting, Board Development, Budget, Evaluations, Financial, Leadership, Reports, Strategic Planning / Geoff Burns

The Eisenhower Matrix Written By Geoff Burns Dwight D. “Ike” Eisenhower was a five star Army General during World War II and the 34th President of the United States of America. He is responsible for implementing the Interstate Highway System that is in use today. However, many do not know that he developed a simple

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