Small Business Bookkeeping Blog - information for business owners

A Detailed Approach To Finances Can Help You Avoid Tax Troubles

On July 27, 2021

Fiscal management is a major component of small business ownership.

Even if you outsource in this area, knowing the ins and outs of your company’s finances and being educated enough to double-check your ledgers will help ensure you always know the financial health of your business. This is especially important when it comes to paying taxes, managing a budget, and being prepared for unanticipated financial issues. Reconciled can help with your accounting and bookkeeping to help you avoid tax troubles.

The Complete Guide to Handling Your Small Business Closure

By Admin

On April 28, 2021

In CFO, Leadership

If you spent years growing your small business, but recently concluded that you would have to close your doors, you may be wondering what to do next. From taking good care of yourself to organizing your finances, being proactive can help you get back on your feet. Here are a few steps on how to recover from your small business closure and fix your eyes on the future.

Our Favorite Bookkeeping Tech Stack

By Admin

On February 23, 2021

In Bookkeeping

Bookkeeping might seem like a lot of paperwork, but it doesn’t have to be so manual and difficult.

The bookkeeping tech stack we use for our clients makes it easy for them to keep their bills, invoices, and receipts organized. Also, it allows us to get data in a more real-time manner. This lets us give our clients the most accurate books possible! Here are some of our favorite apps from our bookkeeping tech stack.

What is UX Design?

By Admin

On February 20, 2021

In Technology

UX Design is short for User Experience Design.

UX design is the way that a person feels when interacting with a system, service, or product. The name of the game with UX design is making the product functional and practical. You need to do this while maintaining a subtle but pleasing visual style. UX plays heavily upon cognitive psychology which dictates positive or negative reactions. While the term is new, the concept of UX has been around for decades. Many people feel that Walt Disney was one of the first UX designers because he was obsessed with the guest’s experience. However, Don Norman is credited with coining the term “user experience”. The term first appeared in Norman’s acclaimed book, The Design of Everyday Things, which was published in 1988.

How to virtually network and achieve results

How to Virtually Network & Achieve Results

By Admin

On February 18, 2021

In HR

It’s no secret: we are living in a virtual world.

Firm handshakes, passing out business cards, and a room full of industry professionals sharing hors d’oeuvres have inevitably become things of the past. The upside? Physical location no longer limits us. We can virtually network. Connecting from the comfort of your own couch allows for the new potential to make lasting relationships with other professionals in your field.

Cash Flow Problems? Maybe it’s an Operational Issue.

By Admin

On February 12, 2021

In Bookkeeping, e-Commerce, Leadership

Low product levels and cash flow issues don’t always come from an accounting underlying issue – sometimes it’s an operational issue.

Tim in marketing suggested that the company run a month-long sale on your most popular product. You happily agree and start allocating funds to run a successful ad campaign to promote your sale.

Two weeks in, your sale exploded, but you’ve run out of your inventory.

Planning Your Organization’s Return to the New Workplace

By Admin

On February 10, 2021

In Culture, HR, Remote Work

6 Actions for the Sustainable Launch of the new workplace model.

Companies around the world have notched nearly a year of remote operations in their proverbial belts. With that experience behind them, employers and employees alike are all asking, “what now?”

Employees have enjoyed the benefits that come hand-in-hand with the remote experience. Including, increased flexibility and balanced schedules. They’ve also faced challenges like lack of infrastructure and poor connectivity, less than ideal ergonomics, isolation, and burnout.

Many employers are eager to return to offices and get things back to the way they were. Others have jumped feet-first, embracing the innovation and change that this past year brought. Some are enjoying increased productivity and employee engagement. All are searching for ways to remain competitive in both the talent and consumer marketplace in 2021.

4 Ways to Help Your Team Sprint Ahead with Strategic Leadership

By Admin

On February 10, 2021

In Leadership

Are you holding your team back by lack of strategic leadership?

A few weeks ago, I published a series of articles about what I called “duct tape leadership.” It talks about fixes and patched-together solutions that project teams end up using. They use these solutions when their work is out of alignment with the organization’s priorities.

I suggested lots of things that team leaders can do to create more strategic alignment, lead more intentionally, and foster a team environment that’s more conducive to sustainable success.

But, the reality is that many of the challenges faced by project leaders come from gaps with strategic leadership. They have little to do with the size and complexity of their projects. That is to say, challenges have everything to do with the executive leaders and sponsors who decide which projects to pursue.

Powerful Tips For Highly Productive Remote Teams

By Admin

On January 28, 2021

In Culture, HR, Remote Work

“I can’t wait to get back to the office” is a common refrain that misses the complexities of current work from home situations. As Anne Helen Petersen writes for The New York Times.

“But people don’t really want to get back to the office. They want to get out of their apartments, their houses, their parents’ houses. People want their children back in school, and also out of the house. They want to see people’s faces again and have conversations with people who are closer than six feet from them. But that doesn’t mean that they actually want to be back in the office. At least, not the way the office was before.”

Digital Nomad: Working Remotely from Puerto Rico

By Admin

On January 27, 2021

In Culture, Remote Work

With more people working remotely, have you dreamed of becoming a digital nomad? You’re not the only one!

In 2019, my wife and I took our two sons out of school, packed our cherished items into a 5×10 storage unit in Vermont, and got rid of our home and everything in it to become full-time digital nomads. It was both liberating and challenging to say goodbye to everything we owned. Not to mention, our friends and family that we visited with frequently.

As a digital nomad, you make a lot of sacrifices. You give up the comforts of home, the possessions that once brought you joy, and deep interpersonal relationships. You give these up in exchange for cultural variety, food experiences, architecture, and a new perspective. It’s rewarding, but it’s also incredibly complex, emotionally.