Do You Need 5 Different Bank Accounts to Succeed in Business?

Do You Need 5 Different Bank Accounts to Succeed in Business?

In this video, this entrepreneur says she has 5 bank accounts which is what has helped her grow her business. If you know Matt and have watched some of our other videos, you’ll know this isn’t something he recommends. Watch to see what Matt believes is better than the profit first method. There are tons…

A businesswoman on the phone inquiring about professional bookkeeping services.

Why Every Company is Looking for Professional Bookkeeping Services

Having worked with numerous business owners in various industries across the globe, we can tell you exactly why every company is looking for professional bookkeeping services.  Simply put: because doing your own bookkeeping is a pain in the you-know-what. And there’s scientific evidence to prove it! A TD Bank survey of more than 500 small…

A frustrated Amazon seller who has made a costly bookkeeping mistake.

Effective Method to Avoid Costly Bookkeeping Mistakes for Amazon Sellers

  If we offered you $500 for reading this article, you would read it, yes? Well then you better read it, because while we’re not offering to pay you directly for your time, we are promising that the information contained within this article will save you hundreds (if not thousands!) of dollars.  All you have…

A small business owner studying their digital bookkeeping records.

What Is Bookkeeping? A Step-by-Step Guide to Bookkeeping

Confused about what bookkeeping is and what exactly it entails? You’re not alone. Every year, hundreds of entrepreneurs come to us with little to no knowledge of bookkeeping—and that doesn’t make them any less intelligent or capable of running a business.  So don’t feel stupid for asking questions like, “What is bookkeeping?” and “Should I…

A business owner looking at sales revenue online.

Best & Worst Bookkeeping Software for Amazon Sellers

Amazon sellers have a myriad of options to choose from when it comes to bookkeeping software. With each promising to make managing your finances easier, faster, and cheaper, it can be difficult to distinguish which program truly reigns supreme. Lucky for you, we’ve already done the research so you don’t have to. Below, you’ll find…

A businessman writing on paper. Photo source: Scott Graham via Unsplash

8 Bookkeeping Mistakes That Can Cripple Small Businesses

Many small business owners view bookkeeping as a necessary evil. But the truth is, bookkeeping can either be your greatest friend or your biggest foe. When done correctly, accurate financial records can be used to measure success and guide future business decisions. When done incorrectly, however, the consequences can be severe, with penalties that may…