In The Black Accounting

The Ins & Outs of Starting a New Business

I heart technology………maybe!

I look at myself as a fairly intelligent person but I just cannot wrap my head around some of the things that are available on the web.

SEO or search engine optimization. RSS or real simple something-or-other.

It really confuses me to no end.  I spent way too much time trying to do it myself and have not gotten very far.   It really is difficult to master everything you need to know about everything there is to know.  So, what do I know for sure?  I’m pretty good at taking care of accounting and bookkeeping services for small businesses. 

Most people know that when it comes to accountants, doctors, and lawyers, you really should have a good one in your back pocket that you know, like, and trust.  After my own research, trials, and tribulations with building a website and trying to get it found online, I have determined it is also a pretty good idea to have a reputable Internet professional in your pocket as well. 

If you can find one that will make you a custom built website, get you found in Google Local Maps, be your answer to taking your offline business and making it an online business, and even create a killer video marketing campaign that just blows the doors off of your competition, then you my friend have found a diamond in the rough!

Maybe you should look up Chris Darling, 302-786-1707.   They say diamonds are a girls best friend… well I am beginning to think that Chris Darling is your best friend in your online business.  Please, tell her I sent you!  It’s good Karma.

July 20, 2010 Posted by | Professionals | Leave a Comment

Are you getting what you are paying for?

I’m sure you have heard the phrase “you get what you pay for.” But what if you don’t? Are you getting what you pay for with your bookkeeper?

When I meet with potential clients I know that the first thing that they want to ask is how much I charge so I try and get that on the table early in the meeting. As soon as I tell them my rate I know what the next 2 questions that they want to ask will be……”why is her rate so low? What kind of work am I going to get for that?” I then feel like I have to dig myself out of a hole to prove that they are going to get the best service and the most accurate books when everyone around me charges double or quadruple what I charge.

My rate is low intentionally and here is why. My clients are small businesses. Some are just starting out, some have been in business for a while, and some are well established. What they all have in common is that they are trying to keep costs low in order to be profitable or just stay afloat. That doesn’t mean that they don’t deserve to have a great bookkeeper.

My experience and qualifications are as good (or better) than my competitors but my passion is watching a small business grow and helping small business owners realize their dreams. I want to be there at the beginning when the business is new and the path is uncertain as well as when things are going great and the money is rolling in!

July 20, 2010 Posted by | Bookkeeper | Leave a Comment

The 4 Biggest Things a Bookkeeper Can Do For You

Does anyone like to do their own taxes? My guess is that the answer is mostly “No.” Not many people like to figure out their own taxes, and wouldn’t it be so much easier if you could have someone else make a budget for you? It takes so much time to keep your own records, not to mention that it can get boring, tedious, and sometimes confusing. Fortunately, there are Tucson bookkeeping services, which are usually also accounting services, that can do your taxes and make a suitable budget for you. Bookkeeping services are great, especially if you own a business because they can take care of all the company’s financial needs for you.

First, I want to explain the difference between bookkeeping and accounting:
Bookkeeping is when you keep track of everything financial (payroll, taxes, sales, debt) in certain categories, or accounts. This is done by trained professionals, and they use special computer programs. Bookkeepers need extra schooling and certification.

Accounting is taking financial information and deciding what to do based on this data. Accountants make personalized budget plans that work for you. Accountants also need additional education, which is usually at least a bachelor’s degree. Accountants are referred to as CPA’s.

Here is a list of the 4 biggest things bookkeeping and accounting services do for their customers:

  1. Managing “accounts payable”:
    Accounts payable are records of money you might owe to others. Your Tucson bookkeeper can keep track of how much you have paid already and how much you still owe. They will even write checks and mail the payments if you want. Bookkeeping services make it so much easier to keep track of the money you owe.
  2. Taking care of “accounts receivable”:
    Accounts receivable are records of the money owed to you. This is great for small business owners, because a bookkeeper can manage these by keeping track of all the sales you make. They will then make sure you get paid by your customers by sending out invoices, and by often calling customers who haven’t paid by their due date to get your money for you.
  3. Payroll:
    If you own a small business, accountants calculate how much you owe your employees each week. They also make sure the correct amount in taxes is taken out of each employee’s checks. When you have to do your own payroll, it takes a good amount of time out of your day. That’s why you should let your bookkeeping service handle that: to save some time in your busy schedule.
  4. Taxes: 
    These can be such a pain to do on your own, plus they are often confusing!  It is much easier to have a Tucson accountant or bookkeeping service help you, if only to avoid having the IRS (Internal Revenue Service, or the US government branch that collects taxes) audit you. Nobody wants to be audited, so why not avoid mistakes in your taxes by having a professional do them for you? Your accountant does all the hard work for you, and all you have to do is sign where they tell you to do so. You will save so much time and not get in trouble with the IRS.

Why create more work for yourself in your already busy schedule? If you hire a Tucson bookkeeping and accounting service, you can spend less time crunching numbers to find ways to save money. Accountants and bookkeepers are trained for that job, and they know the best ways to save you money. Also, once tax season comes around, you’ll be very grateful for your accountant. They really save you a lot of time and stress by preparing your taxes for you!

July 20, 2010 Posted by | Bookkeeper | Leave a Comment

   

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