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Back office support can make or break your contracting company. Let us move your contractor bookkeeping service off the roller coaster of pain onto the merry go round of peace of mind with our U.S.A. based outsourced contractors bookkeeping services and contractor success M.A.P.
 
Should I be doing my own bookkeeping and accounting? Is QuickBooks the best software for me to use in my business, or is there another accounting software I should be using? What’s the best way for me to process my payroll? How can I track my money and cash flow? How do I prepare for my business taxes? What do my financial statements really mean? How can I add bookkeeping as an additional service as a Virtual Assistant? How can I start an online virtual bookkeeping business? And most importa ...
 
I Love Bookkeeping is a global community of Bookkeeping Professionals. We all bleed bookkeeping and want to grow and prosper our businesses. This podcast is for Bookkeeping Professionals who serve clients, and it's for the woman or man who aspires to join our great industry. Join Ben Robinson every Tuesday to geek out on Bookkeeping.
 
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show series
 
This Podcast Is Episode Number 454, And It's About The Treatment To Your Construction Bookkeeping Symptoms Most contractors are skilled technicians who learned their tradecraft in an apprenticeship program taught by a Master Technician, experience, or combination of these methods. There is a way to learn to operate your contracting company from a M…
 
If you have a business or you do bookkeeping for business owners, you know now is the time you need to wrap up your year-end financial statements. If you’ve heard the phrase closing the books, this is exactly what it means. You simply make sure you have all your money coming in and money going out of your business recorded and reconciled so that yo…
 
When Darren Law started his business, he hated the idea of networking. Now, two years in and having endured the disruptions of COVID, he looks forward to meeting his group and marketing his business. What's more, his work his giving him freedoms he's never experienced before.על ידי First Class Accounts
 
This Podcast Is Episode Number 453, And It's About Construction Industry Insights For 2022 There is a natural ebb and flow in the business cycle, which in regular times operates, somewhat predictable. In normal times, contractors who pay close attention to their Five Key Performance Indicators financial reports and stay aware of the macro global ec…
 
Understanding your numbers and keeping up to date on your finances is key to the success of your business. When you actively keep a pulse on your business finances, you will certainly make better business decisions. If you have a fear of numbers or are afraid to do your bookkeeping or unsure how to generate your financial statements you can't keep …
 
This Podcast Is Episode Number 452, And It's About Last-Minute Reminders Before The New Year Countdown It’s been another excellent year for Fast Easy Accounting. We appreciate your support for those of you who have been with us through all these years; without our contractor clients, template customers, construction accounting academy students, ema…
 
I’ve been getting quite a few messages from business owners saying that they are struggling to create a budget for their business. Some are just getting their business up and running and others have been in business for a few years. Either way, having a budget for your business will allow you to dictate how you want your money coming in and out of …
 
This Podcast Is Episode Number 451, And It's About What Is Your Contractor Superpower? As a Construction Contractor, much of your world is Outside The Box. You make what seems impossible and turn it into a finished product; the whole house remodel, kitchen or bath remodel, new roof, install an attic fan, replace windows, deck, patio, hot tub, swimm…
 
With the end of the year coming to a close, you want to make sure that you have everything done correctly in your business, right? One of the many important year-end tasks is to make sure that you are correctly paying and classifying wages. There are many different entity types that businesses can be set up as and depending on how you’re your busin…
 
This Podcast Is Episode Number 450, And It's About Four Practical Reasons To Switch To Cloud-Based Accounting If you've been considering making a move to a cloud-based accounting system, you're not alone. Cloud technology has impacted many business functions, including efficiently managing your business's financial aspects. Cloud-based accounting m…
 
When you own your own business, it can be difficult and lonely at times. You most likely feel like every single decision that you make is essential to the success of your business, but you don’t know if you are making the right decision, the wrong decision or even if it is the right time to make these decisions. This is common among entrepreneurs a…
 
Hiring Vs. Outsourcing Are you thinking of hiring a bookkeeper? After reading this, you may think it is not as good an idea as it seems. In addition to the costs of advertising, reading many fiction stories (resumes), interviewing candidates (like a brand new car on the showroom floor), job-seekers are the best they will ever be during the intervie…
 
Have you ever heard about the W9 form? It is an important form and more than likely, you’ve either had a request for this form, or you yourself may be requesting them from your vendors. This form is used to collect information about others but knowing in advance that you need to request this information will not only save you valuable time, but it …
 
This Podcast Is Episode Number 448, And It's About Invoicing Construction Clients The Fast And Easy Way Creating invoices and receipts is vital to successfully running a business. You need receipts to track your purchases and expenses. Your clients need invoices for their tax purposes and to manage their finances. Paper receipts and invoices have b…
 
We are coming to the end of another year and it’s time to really look closely at your finances so that you are prepared when it comes time to file your taxes. Today I am talking about a common misconception when it comes to figuring out what your taxable income is. Many business owners will take a look at their business bank account and think this …
 
This Podcast Is Episode Number 447, And It's About Why Getting The Leads And Doing The Work Are Still Not Good Enough There was a time when a contractor put a simple ad in the paper or a line listing in the Yellow Pages, and they would have more leads than they could handle. It was the only way to go, and the contractors who insist on that and "Wor…
 
When you are thinking about starting a bookkeeping business, you first want to make sure that being a bookkeeper is right for you, and you need to know what a bookkeeper does. To do this, make sure you check out episodes 55 and 57 in this bookkeeper series. One of the next things you start to wonder about is how much will it cost to start a bookkee…
 
I know that there are times when owning your own business can be hard. It is easy to focus on negative thoughts and things that are not going quite like you had hoped in your business, but have you ever thought about changing your thought process a bit? Did you know that gratitude is scientifically proven to promote happiness, improve your mental a…
 
This Podcast Is Episode Number 446, And It's About Practical Tips For Encouraging Repeat High-Profit Clients Many data support the idea that it's less costly, easier, and more efficient to encourage repeat customers than bring in new ones. Among the stats Hubspot lists are: that a 5% increase in customer retention is responsible for more than 25% i…
 
If you are thinking about starting a bookkeeping business, and you know that you have what it takes to be a bookkeeper, but you are just not quite sure about what you would do as a bookkeeper, this episode is for you. Being a bookkeeper may sound intriguing to you, but do you ever wonder if you would be able to do the tasks required of a bookkeeper…
 
When you own your own business and you have employees, or you are planning on hiring employees, you need to have a basic understanding of payroll. You must have this understanding whether you are going to process your own payroll, or you are going to hire someone to do your payroll for you. You, as the business owner are ultimately responsible for …
 
This Podcast Is Episode Number 445, And It's About How To Get Your Life Back In A Seven-Day-A-Week Construction Business Construction business owners already have a time-consuming and challenging job running their business. If their business is open five days a week, they usually need the weekend to catch up on paperwork, pay bills and manage any t…
 
If you are one of my regular listeners, you’re probably wondering why there is an additional episode this week. Well, today I have something special for you. I’ve decided to do an extra series of podcast episodes for bookkeepers, but don’t worry, my normal weekly podcasts will drop at their regular times. I know that the listeners of this podcast a…
 
Investing in yourself is important, and you as a business owner or potential business owner need to understand how valuable you are personally to your business. I know your time is limited and cherished. You may be thinking that if you are not working in your business and generating money that you aren’t being successful. But I want you to take a s…
 
This Podcast Is Episode Number 444, And It's About Job Costing - Your Construction Company's Competitive Advantage Every contractor has a Job Costing Library; some keep it in their head, some keep it on paper with names like completed jobs, bids, estimates. Other contractors keep it in their QuickBooks For Contractors' software records. Still, othe…
 
Have you ever caught yourself dreaming about quitting your job? This seems to be a common theme these days. Many people just want to switch jobs, but there is a vast majority of individuals who are ready to dip their toes into the entrepreneurial waters and start their own business. Does this sound like you? If so, you’ve probably been debating if …
 
This Podcast Is Episode Number 443, And It's About Succession Planning A Will For Your Construction Company You may be getting your construction projects done with sheer willpower, but the lack of processes, business plans, and strategy will eventually wear you down. You can either keep on "Powering Through"- spend your life endlessly chasing detai…
 
Since my previous podcast on The Great Resignation episode number 49, I have had quite a few conversations with entrepreneurs just like you who are thinking about starting their own business but are unsure if it is right for them. They wonder if it is the right time, and they wonder what they should be researching to make sure they are covering all…
 
This Podcast Is Episode Number 442, And It's About Four Things To Consider Before Expanding Your Service Offerings Balancing customer experience and setting client expectations against your time and budget is a difficult task. It would be best if you had excellent planning, efficient project managing, and perhaps the right amount of staff working t…
 
Stress Relief. That’s what I am here to help you with when it comes to your business finances and particularly your bookkeeping, which is why today I am giving you 3 tips to keep your bookkeeping up to date. I know this is the time of the year when most business owners realize they may have fallen behind in their bookkeeping and they start to look …
 
This Podcast Is Episode Number 441, And It's About Four Things To Consider Before Expanding Your Service Offerings If you're looking to grow your construction business, you might consider expanding your service offerings. Adding additional services is an excellent way to increase your profitability, diversify your income and expand your market. But…
 
Can you believe we are already in the fourth quarter of this year? If you are anything like me, it feels like these last three months of the year go by so quickly and before I know it, January is here, the holidays are over, and it is back to business as usual again. I really try hard to be as prepared as I possibly can be between both my personal …
 
This Podcast Is Episode Number 440, And It's About How Construction Business Owners Gain Personal Time By Working Smarter You’ve probably heard the maxim that it’s better to work smarter than harder. Working smarter means allocating your time, energy, and money so vital tasks get done more efficiently, freeing up your time. Too many construction bu…
 
Have you heard about The Great Resignation or The Big Quit? It seems to be impacting businesses big and small, but it doesn’t stop there. Individuals or employees are seeing the impact of The Great Resignation as well. The Great Resignation may have started with the pandemic, but it will be interesting to see how everything unfolds over the next fe…
 
This Podcast Is Episode Number 439, And It's About Understanding Roles And Why It Makes Sense To Hire Us I will start by quoting a short sentence found in the all-time best-seller "Basic Instructions Before Leaving Earth" That is an acronym; take the first letter of each word and put it together to form a different word. "No one can serve two maste…
 
Being efficient will save you time, and since we only have so much time each and every day, we want to make sure we are maximizing all the efficiencies in our business. But have you ever though that once you master your bookkeeping workflows, you would also be creating a system that will be more accurate and reliable? When you set up your workflows…
 
This Podcast Is Episode Number 438, And It's About Proven Proactive Contractors Formula To Get Things Done And Get Paid As much as we plan, it would be best if you were flexible, adaptable, and reliant. Things happen that are beyond your immediate control. Those of you who want a predictable environment are employees working for a large employer wh…
 
Over the last few episodes, I’ve talked about why you shouldn’t be commingling your personal and business funds, and today’s episode is no different, but like I’ve mentioned in the past, I understand that there are times when this happens, and you need to know how to account for it in your bookkeeping so that your financial statements are not refle…
 
This Podcast Is Episode Number 437, And It's About How A Bookkeeper's Incompetence Can Ruin Your Construction Business Contractors, by nature, are tenacious, resilient, and have a tremendous amount of "Grit And Determination To Succeed," which means they are not easily disturbed or prone to react hastily or rashly at the first sign of trouble. This…
 
Even though you know you shouldn’t be mixing your personal and business funds together, we know it happens, and I totally understand that there are times when this may be happening in your business. I have seen many times when cash falls short, and the business owner needs to inject additional funds into the business. Where does this money come fro…
 
This Podcast Is Episode Number 436, And It's About The Advantages Of Healthy Competition For Your Contracting Business Starting a construction business means you'll compete with other companies that already exist. It's a good thing if you have a competition to go up against. Competition pushes you to be innovative. It also means there's an establis…
 
Recording personal funds in your business can be tricky and you want to make sure you are capturing and recording all of these transactions so that your business financial statements reflect all of your business transactions accurately. These personal funds may be in the form of an injection of additional personal funds you put into the business, o…
 
This Podcast Is Episode Number 435, And It's About Construction Company Recovery After A Financial Setback You started your construction business with plans of earning a living and being successful, but an unfortunate fact of business life is that companies suffer financial hardships. Whether those hardships are pandemic-related or linked to other …
 
Are you taking the time to review your financial statements each month? Do you understand what your financial statements are telling you about your business? Most people will look at their Balance Sheet and Income Statement when they review their financial statements, but today I am going to talk about another report that you should be looking at o…
 
This Podcast Is Episode Number 434, And It's About The Actual Net Worth Of Your Construction Company Have you been in business as a construction contractor or specialty contractor for a while, and now you are wondering what your construction company is worth? Nothing is ever as good or as bad as it appears. If you are like most contractors, you lea…
 
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