by Bobbie Witt | Feb 24, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Tax Tips
Some businesses face extremely high employee turnover rates annually. A high employee turnover rate can cause adverse effects on your business, especially as a startup. There are various reasons why employees leave a job, but if you are facing high turnover rates,...
by Bobbie Witt | Feb 17, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Business Tips, Profit First, Small Business, Tax Tips
As a business owner, one thing you will quickly realize is that the revenue coming into your firm is one of the key factors that impact your success. It is therefore important to understand this key performance indicator (KPI). That is, understanding how much is...
by Bobbie Witt | Feb 15, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Home Page Blog, Profit First, Tax Tips
Organized financial statements help keep your money organized. Instead of printing the QuickBooks® reports as is, take time to review the specific order and organization in which these Financial Statements need to appear. This makes it easier for the bank to...
by Bobbie Witt | Feb 10, 2021 | Bookkeeping for Business, Bookkeeping for Law Firms, Profit First, Small Business
Employee-generated expenses, if not properly managed, can seriously setback any growing business. 15% of employee fraud is related to inflated travel and other expenses, according to The Association of Certified Fraud Examiners. Manual systems are tedious and make it...
by Bobbie Witt | Feb 8, 2021 | Bookkeeping for Law Firms, Home Page Blog, Profit First, Small Business
As a business owner, you should know that cash flow is the cornerstone for growth in any business. Whether you run a small, medium, or large business, you should be keeping track of your cash flow, which includes accounts receivables. Projecting Accounts Receivable...
