Podcasts about Bookkeeping

Recording of financial transactions

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Bookkeeping

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Best podcasts about Bookkeeping

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Latest podcast episodes about Bookkeeping

Inner Edison Podcast by Ed Parcaut
How Leeroy Beeby Built Level Copilot to Tackle Bookkeeping Mistakes in Construction Businesses

Inner Edison Podcast by Ed Parcaut

Play Episode Listen Later Jul 29, 2025 32:16


On this episode of the Inner Edison Podcast, host Ed Parcaut sits down with Leeroy Beeby, chartered accountant, entrepreneur, and founder of Checkthelevel.com—to talk about the real-world struggles and solutions in the world of small business finance. Leeroy shares his journey from South Africa to Bermuda to Canada, and how growing up in a family of serial entrepreneurs shaped his drive for innovation. He opens up about the challenges of building and managing remote teams, how introverts thrive in entrepreneurship, and the lessons learned from hiring (and firing) fast. Most importantly, Leeroy unpacks the most frequent—and expensive—bookkeeping mistakes businesses make, and how his company's “Grammarly for bookkeeping” is helping owners and bookkeepers catch errors before they snowball. You'll hear actionable advice for entrepreneurs and accounting professionals alike, plus candid takes on the reality of AI in bookkeeping, remote work culture, and why sustainable growth matters more than just getting bigger. Ready to feel more confident about your books? Grab your headphones and get ready to learn, laugh, and start seeing your financials in a whole new light! Try Checkthelevel.com with a 30-day free trial (no credit card required), and connect with Leeroy on LinkedIn or by emailing contact@checkthelevel.com. **Contact Ed Parcaut:** -

the unconventional attorney
Estimated Tax Penalty Missed - Here's What to do

the unconventional attorney

Play Episode Listen Later Jul 28, 2025 1:05


Estimated Tax Penalty Missed - Here's What to do

the unconventional attorney
This Is The Easiest Path To $10K Per Month As A Law Firm Owner

the unconventional attorney

Play Episode Listen Later Jul 28, 2025 10:02


This Is The Easiest Path To $10K Per Month As A Law Firm Owner

InciteFUL Profit Podcast | Incite Tax
Catch Up on Your Bookkeeping

InciteFUL Profit Podcast | Incite Tax

Play Episode Listen Later Jul 28, 2025 2:55 Transcription Available


Stop letting messy books hold your business hostage. In this video John gives the no fluff options to getting caught up. And remember...the #IRSSUCKSJohn Briggs | Tax Geniusinfo@incitetax.comVisit our website @ Incite Tax Schedule A CallFollow us on…FacebookLinkedInInstagramYouTube

the unconventional attorney
How to Pay Your Kids Income Tax Free

the unconventional attorney

Play Episode Listen Later Jul 25, 2025 2:16


How to Pay Your Kids Income Tax Free

Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
638: Pillar 2: Controlling The Money - Construction Accounting And Bookkeeping

Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services

Play Episode Listen Later Jul 25, 2025 13:06


This Podcast Is Episode 638, And It's About Pillar 2: Controlling The Money - Construction Accounting And Bookkeeping How Smart Money Management Keeps Your Business Profitable and Stress-Free When most small construction business owners think about success, they envision a steady stream of jobs, high-quality work, and satisfied clients. But there's another side to the story that often gets ignored: the financial health of your business. And here's the truth we see every day as construction bookkeeping specialists: Even skilled contractors with full calendars can run into cash flow problems, tax stress, or profit shortfalls—not because of the work, but because of the numbers. That's where Pillar 2: Controlling the Money comes in. In this post, we'll talk about how to take control of your finances through simple, construction-friendly accounting practices—so you can stop guessing and start growing.  Why Money Control Is the Backbone of a Construction Business In construction, money doesn't flow evenly. You might spend thousands on materials before getting paid. You may win one big job and then go three weeks without a deposit. Labor and equipment costs can shift mid-project. It's a juggling act. That's why proper accounting isn't just about keeping the IRS happy—it's about: Knowing your job costs Pricing with confidence Keeping cash flow steady Making better business decisions Staying compliant and audit-proof If your books are messy, late, or nonexistent, you're flying blind. However, when your numbers are precise and current, you can run your business, not just react to it. The 5 Biggest Money Mistakes We See in Construction Businesses Let's start with the most common money-related problems we help contractors fix: 1. Bidding Without Knowing Actual Costs Many contractors “guesstimate” job prices based on experience rather than actual data. However, with inflation, labor fluctuations, and new materials, those estimates can quickly lead to underbidding and lost profits. 2. Mixing Personal and Business Finances Swiping your business card for groceries or buying tools with your debit card? That's a fast track to messy books and missed deductions. 3. Falling Behind on Invoicing or Collections Delaying invoices or avoiding follow-ups means delayed payments—and often, unpaid work. 4. Ignoring Overhead Suppose you only account for direct costs (such as materials and labor) and overlook indirect costs, including your phone bill, fuel, insurance, and software subscriptions. In that case, you'll never see your actual profit. 5. No Real Cash Flow Planning Not knowing how much is coming in or going out in the next 30 days can lead to bounced checks, late payments, and last-minute borrowing. Sound familiar? Let's fix that. The 3-Part System for Controlling Your Money Here's how we help contractors like you get your finances under control without overwhelming spreadsheets or accounting jargon: 1. Job Costing – Know What Each Project Really Costs Job costing is the process of tracking every dollar that goes into each project, including labor, materials, subs, equipment, and overhead allocation (LMOS™). Why It Matters: You'll know which jobs are profitable—and which ones aren't worth repeating. You'll improve your estimates over time using real data. You'll spot problems early (like a crew taking too long or material waste). How to Start: Use separate expense categories for each job in your accounting software (or at least use tags/notes). Track time and material costs in real-time, not weeks later. Include a portion of your overhead per job (rent, insurance, admin time, etc.). Even a basic spreadsheet is better than nothing. But ideally, use tools like QuickBooks with project tracking, or apps like Buildertrend that integrate with bookkeeping. 2. Cash Flow Management – Know What's Coming and Going Cash flow isn't the same as profit. You can make a $10,000 profit on paper, but still run out of cash if a client delays payment or if you pay subs too early. Why It Matters: Helps you avoid shortfalls, late payments, or needing to dip into personal funds. It makes it easier to plan purchases or hire help when you can afford to do so.   How to Start: Create a weekly cash flow forecast: List all expected income and expenses by date so that you can plan around slow weeks or high-expense periods. Require deposits and progress payments on jobs. Set up reminders for invoicing and follow-ups to ensure timely payments. A construction business with no cash cushion is one unexpected delay away from severe stress. Cash flow forecasting gives you breathing room and peace of mind. 3. Monthly Reporting – Make Decisions Based on Facts, Not Feelings Every month, you should be reviewing key reports that tell you how your business is doing, not just how you feel it's doing. The 3 Reports You Need: Profit & Loss Statement (P&L) – Are you making money? Balance Sheet – What do you own vs. owe? Job Profitability Reports – Which jobs performed best?   These reports help you: Adjust pricing and scope when needed Spot overspending early Justify business decisions (such as hiring, purchasing equipment, or expanding) Get ready for taxes long before tax season If your current bookkeeper isn't giving you these reports—or if you don't understand them—it's time for a better system. Bonus Tips for Easy Financial Control Here are a few more best practices we recommend for all small construction business owners: 1. Separate Business Accounts Use a dedicated business checking account and credit card. It simplifies tax prep, reduces errors, and keeps you audit-ready. 2. Keep Receipts and Documentation Use apps like Hubdoc, Dext, or QuickBooks Online to snap and store receipts. Label them with the project name for faster reconciliation. 3. Use Software That Fits Construction Generic accounting tools are sufficient, but platforms like QuickBooks for Contractors, Joist, or Buildertrend offer features specifically tailored to the construction industry, such as progress billing, time tracking, and job costing. 4. Work with a Specialist A bookkeeper who knows construction can save you hours of frustration—and thousands in missed tax deductions or mispriced jobs. The Bottom Line: You Can't Grow What You Don't Measure and What You Can Measure, You Can Manage You wouldn't build a house without a plan. So don't run your business without a handle on your numbers. Controlling the money through job costing, cash flow tracking, and monthly reporting allows you to: Price smarter Avoid financial surprises Protect your profit margins Make better growth decisions You don't need to become a financial expert. You need a system that gives you visibility—and a partner who can help you stay on track. Need Help Getting Your Finances Under Control? We specialize in helping small construction business owners like you: Set up or clean up their books Track job profitability Forecast cash flow Understand their financial reports Let us know how we can help you. Book a free 30-minute consultation and take the guesswork out of your finances—so you can focus on doing great work.

Vast Voice produced by VastSolutionsGroup.com
Boost Profits with Smart Bookkeeping!

Vast Voice produced by VastSolutionsGroup.com

Play Episode Listen Later Jul 25, 2025 18:09


Bookkeeping might not sound exciting, but it can be the secret to growing your wealth. R. Kenner French shares why clean and organized books are crucial for real estate professionals — from investors to agents. With accurate bookkeeping, you gain clarity on profits, improve decision-making, and even boost the value of your business when it's time to sell. Kenner reveals his top five bookkeeping tips to help you separate business and personal finances, track expenses effectively, leverage accounting software, and much more.Kenner also dives into the power of artificial intelligence in financial management. With a proprietary AI model called “Einstein,” entrepreneurs can simplify tax planning, enhance asset protection, and streamline bookkeeping for long-term success. Whether you're aiming to cut down your tax liability, improve cash flow, or just gain better control over your business finances, this episode is packed with actionable advice to take your real estate ventures to the next level.Takeaways• Clean and organized books increase enterprise value and reveal true profitability.• Always keep personal and business finances distinct, especially when managing multiple LLCs.• Regularly categorize and reconcile expenses to monitor ROI and prevent costly errors.• Software like QuickBooks, Xero, or FreshBooks automates tracking and reporting.• Artificial intelligence can simplify tax planning and streamline bookkeeping.• A good bookkeeper provides compliance, saves time, and offers valuable insights.• Clear financials make selling a business easier and often more profitable.Soundbites• Bookkeeping can make you rich — it's not just about numbers, it's about knowing your true value.• If your books are messy, your business strategy will be too.• Separate your personal and business finances — it's not just smart, it's essential for growth and protection.• You can't fix what you can't measure. Clean books are your blueprint for profit.• AI isn't the future of bookkeeping — it's already here, and it's a game-changer for entrepreneurs.• Your enterprise value skyrockets when your finances are crystal clear.Listen & Subscribe for More:

the unconventional attorney
Are These IRS Audit Red Flags Real

the unconventional attorney

Play Episode Listen Later Jul 24, 2025 2:36


Are These IRS Audit Red Flags Real

The Bookkeepers' Podcast
Secret Tips How I managed 65 bookkeeping clients and generated £25k a month

The Bookkeepers' Podcast

Play Episode Listen Later Jul 24, 2025 28:38


In this episode of The Bookkeepers' Podcast, Zoe Whitman interviews her co-host Jo Wood, who shares what it really takes to run a high-performing bookkeeping practice. At the peak of her business, Jo was supporting 65 clients and generating consistent turnover of £25,000 per month. She talks through how she built and led her team, structured her services, and developed systems that allowed her to step back from the day-to-day without compromising client service. Jo opens up about her leadership journey, why WhatsApp became an essential client communication tool, and how niching brought huge efficiencies. She also reflects on what she'd do differently if she were building her business today, given the range of tech and AI tools now available to bookkeepers. This episode offers a practical and honest look into what it takes to scale a practice, not just in terms of numbers, but in building a business that works without burning you out. You Will Learn: How Jo structured her team to support 65 clients efficiently Why she prioritised onboarding clients into the system, not just onto the books The benefits of team-wide communication through WhatsApp How niching helped streamline processes and improve service delivery Why developing leadership and systems is more sustainable than doing all the work yourself What Jo would do differently with today's tools and technology Practical strategies for scaling to £25k+ months sustainably ----------------------------------------------- About us We're Jo and Zoe and we help bookkeepers find clients, make more money and build profitable businesses they love. Find out about working with us in The Bookkeepers' Collective, at: 6figurebookkeeper.com/collective ----------------------------------------------- About our Sponsor This episode of The Bookkeepers' Podcast is sponsored by Xero. Get 90% off your first 6 months by visiting: https://xero5440.partnerlinks.io/6figurebookkeeper ----------------------------------------------- Promotion This video contains paid promotion. ----------------------------------------------- Disclaimer The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.

the unconventional attorney
How to Write Off Disneyland

the unconventional attorney

Play Episode Listen Later Jul 22, 2025 1:45


The Successful Bookkeeper Podcast
EP483: Cameron Davis - Turning Failure Into A Thriving Bookkeeping Business - Part 2

The Successful Bookkeeper Podcast

Play Episode Listen Later Jul 22, 2025 27:08


“ If I don't have a clear pathway for somebody to come in fresh, and get the experience they need and teach them what they need to know so that they can do what we do, I've really limited who I can even help get into this industry, who I can hire.” -Cameron Davis In the finale of this 2-part series, Cameron Davis shares how he grew Imago Dei Bookkeeping from a side hustle to a 60-client firm by hiring smart, building strong systems, and creating a business that runs without him. He talks about leaving his job, early team lessons, and using Pure Bookkeeping to streamline and empower his team. In this interview, you'll learn: How to transition from solo to team without losing control Why clear systems reduce stress & boost client trust Tips for hiring the right help at the right time Click here to know more about Imago Dei Bookkeeping & Consulting. Connect with Cameron on LinkedIn. Time Stamp 00:00 — Early Struggles: Balancing a job & bookkeeping clients 01:18 — Hiring the first team member while still employed 03:17 — Deciding to leave his full-time job & go all in 07:34 — Lessons learned from early hiring attempts & finding the right team 09:39 — Buying another firm & rapid client growth 10:24 — Discovering Pure Bookkeeping & the power of systems 13:41 — Implementing SOPs, Loom videos & centralizing processes 19:00 — Training new team members 22:38 — Building a firm designed for freedom & future growth 25:22 — How to connect with Cameron  

Level Up and LIVE
Why Most Business Owners Struggle With Bookkeeping and How Rebecca Barker Fixes It

Level Up and LIVE

Play Episode Listen Later Jul 22, 2025 47:35


In this episode of the Level Up + Live Podcast, host Sean Meyers sits down with Rebecca Barker, wife, mother, entrepreneur, and the founder of Barker Management LLC, to unpack one of the most overlooked but critical areas in business: bookkeeping. Rebecca shares how she helps business owners and entrepreneurs across Montgomery County stay compliant, organized, and financially confident. From busting common bookkeeping myths to breaking down simple, scalable systems for success, this episode is packed with real talk and real solutions. But her story doesn't stop at spreadsheets. Rebecca is also the founder of the Cut and Shoot Bulldogs, a nonprofit dedicated to creating opportunities for local youth through football, cheer, and community-driven events. Her heart for impact and passion for growth shine through every role she plays, business owner, nonprofit leader, wife, and mom. Whether you're just getting started in business or scaling your operations, this episode will challenge you to get your financial house in order and remind you of the bigger picture, serving your family, your clients, and your community with purpose.

North Fulton Business Radio
How Sync Up Bookkeeping Helps Businesses Grow

North Fulton Business Radio

Play Episode Listen Later Jul 22, 2025


How Sync Up Bookkeeping Helps Businesses Grow (North Fulton Business Radio, Episode 888) Sync Up Bookkeeping isn’t your typical firm, and Andrew Clarke isn’t your typical bookkeeper. In this episode, Andrew, the CEO of Sync Up Bookkeeping, joins host John Ray to share how he helps business owners go far beyond balancing books. With experience […] The post How Sync Up Bookkeeping Helps Businesses Grow appeared first on Business RadioX ®.

On The Brink with Castle Island
Cyrus Shirazi (Haven) on Better Bookkeeping for Crypto Startups & Beyond (EP.648)

On The Brink with Castle Island

Play Episode Listen Later Jul 21, 2025 32:18


Cyrus Shirazi, CEO of Haven joins the show. In this episode:  R&D tax credits and offering an attractive tax product to early stage companies What on-chain finance needs to fulfill becoming a better ledger for accounting What startups should look for in a tax & accounting partner

the unconventional attorney
My Favorite Business Tax Deduction

the unconventional attorney

Play Episode Listen Later Jul 21, 2025 1:09


InciteFUL Profit Podcast | Incite Tax
Bookkeeping Red Flags

InciteFUL Profit Podcast | Incite Tax

Play Episode Listen Later Jul 21, 2025 3:37 Transcription Available


The IRS loves sloppy books — makes their job (and your audit) way too easy. Spot these red flags in your bookkeeping now, so you can keep your money where it belongs.And remember...the #IRSSUCKSJohn Briggs | Tax Geniusinfo@incitetax.comVisit our website @ Incite Tax Schedule A CallFollow us on…FacebookLinkedInInstagramYouTube

Who God Says Podcast
My Heritage: Faith As The Anchor - PART 2 w/ Sheree Lemelle

Who God Says Podcast

Play Episode Listen Later Jul 19, 2025 40:47


Send us a textSheree's story serves as a testament to the power of faith and the strength found in community and family support. In this conversation, Sheree Lemelle shares her profound journey of navigating fear, faith, and relationships. She discusses the challenges of supporting a partner in a toxic relationship, the power of prayer, and the divine guidance she received during her struggles. Emerald Services: Tax Prep, Bookkeeping, Tax Planning - Emeraldserve.com Support the showJoin the Kingdom Fanatics community! Get access to exclusive content, green room access with guest and more. Visit our website; Like & Follow us on Instagram, Facebook, Tiktok and make sure to subscribe to our YouTube channel! We greatly appreciate all the love and support. To donate to the show, sow a seed here.Be Blessed AND Be A Blessing

the unconventional attorney
Top 5 Law Firm Owner Tax Mistakes

the unconventional attorney

Play Episode Listen Later Jul 18, 2025 2:24


Top 5 Law Firm Owner Tax Mistakes

the unconventional attorney
10 Accounting Terms Every Law Firm Owner Should Know - short

the unconventional attorney

Play Episode Listen Later Jul 18, 2025 1:52


10 Accounting Terms Every Law Firm Owner Should Know - short

Passive Income Pilots
#119 - LLCs, Trusts, and Bulletproof Asset Protection with Adam Kintigh

Passive Income Pilots

Play Episode Listen Later Jul 17, 2025 53:43


What if your rental property is a lawsuit away from costing you everything? Tait Duryea connects with asset protection expert Adam Kintigh of Nevada Corporate Headquarters to break down what every investor should know about shielding wealth. From piercing the corporate veil to choosing between LLCs and real estate privacy trusts, this episode covers real risks, smarter structures, and how to avoid costly mistakes. Adam Kintigh is an asset protection strategist with over 24 years of experience, currently with Nevada Corporate Headquarters (NCH). He specializes in forming entities, estate planning, tax and accounting strategies, and business structuring for investors nationwide. Adam is an expert on practical, legally sound frameworks for protecting rental portfolios, drawn from decades of industry knowledge and client success.Show notes:(0:00) Intro(02:15) Most common LLC questions from investors(03:06) Guest intro: Adam Kintigh of NCH(06:26) Adam's background and NCH overview(10:25) Why Delaware, Nevada, and Wyoming matter(13:35) Inside vs. outside liability explained(17:15) Piercing the corporate veil risks(25:16) What is charging order protection?(36:22) Real estate privacy trusts explained(44:14) What is fraudulent conveyance?(46:15) Bookkeeping for a simplified structure(50:53) OutroConnect with Adam Kintigh:

the unconventional attorney
how to write off international travel - final

the unconventional attorney

Play Episode Listen Later Jul 17, 2025 25:41


Your Money Hour Podcast
Fired from my job... I started bookkeeping (my story & advice to you!)

Your Money Hour Podcast

Play Episode Listen Later Jul 17, 2025 15:31


Should you start a virtual bookkeeping business? Today, Dakota Grady is sharing his journey of being fired to starting a virtual bookkeeping business during the Covid-19 pandemic. Connect with him at dakotagrady.com.

the unconventional attorney
7 Tax Tips for New Law Firm Owners

the unconventional attorney

Play Episode Listen Later Jul 16, 2025 2:13


the unconventional attorney
The problem with hoping and taxes

the unconventional attorney

Play Episode Listen Later Jul 15, 2025 1:23


The problem with hoping and taxes

The Successful Bookkeeper Podcast
EP482: Cameron Davis - Turning Failure Into A Thriving Bookkeeping Business - Part 1

The Successful Bookkeeper Podcast

Play Episode Listen Later Jul 15, 2025 32:06


“ I couldn't have moved to the next stage if I didn't learn what I learned there. Although the time there was difficult, it was such a key time period to launch me into the next phase of failing an insurance agency, which also taught me what I needed to learn in order to do what I'm doing now.” -Cameron Davis In part one of this two-part series, Cameron Davis, owner of Imago Dei Bookkeeping & Consulting, shares how he turned a failed insurance venture into a purpose-driven bookkeeping business built on faith, family, and purpose. In this interview, you'll learn: How cold calling helped him land clients fast Why he avoids offering services that don't align with his vision How faith & family guide his business choices Connect with Cameron on LinkedIn. To learn more about Imago Dei Bookkeeping & Consulting, click here. Time Stamp 01:05 — Cameron's background & move from insurance to bookkeeping 03:25 — Early career in sales & marketing, starting an insurance agency 05:26 — Lessons from a failed insurance business & importance of systems 08:32 — How setbacks shaped his approach to business today 12:31 — Role of faith & family in overcoming challenges 14:45 — First bookkeeping client & early struggles to learn the craft 17:02 — Using cold calling to get initial clients & test the market 20:14 — Starting Imago Dei Bookkeeping with a clear purpose & focus 23:01 — Cameron's simple cold call approach & script overview 25:08 — His "wave" strategy for balancing growth & onboarding 29:50 — Knowing which services to avoid & staying true to business vision 30:51 — Building a business that aligns with life goals & family values

Investing in Impact
Causeartist Acquired - Announcement

Investing in Impact

Play Episode Listen Later Jul 15, 2025 2:07


This content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.----------------------------------------Hey friends,After 10 incredible years of building Causeartist solo, I'm excited to share something personal with you.Last year, some amazing partners who believe deeply in the mission and future of Causeartist reached out. I knew from the initial conversation it was the right fit.The Pay It Forward Company (PIF) has officially acquired Causeartist, and I couldn't be more energized about what this means for the next decade.What's changing?Nothing about the core mission or voice will change. I'm still the founder of Causeartist and will continue to lead our daily content, podcasts, and community—just with more support, more resources, and a bigger vision.What's new?In addition to running Causeartist, I've also joined the PIF Venture Team as a partner. This means I'll be working more closely with early-stage impact startups and the people building infrastructure for a better world. More on that soon.Joining PIF feels like the perfect move at the right time.Their values align perfectly with everything Causeartist stands for: purpose-driven ventures, impactful innovation, and paying it forward.You can learn more about the venture side of the firm here and the advisory side here.To everyone who's subscribed, shared a post, tuned into the podcast, or built something impactful—you've helped Causeartist grow into what it is today. And now, we get to grow even further, together.We have some exciting things happening in the future.Here's to the next decade.

Entrepreneur Money Stories
Bookkeeping 101: What It Is and Why It Matters for Small Businesses – Ep. 231

Entrepreneur Money Stories

Play Episode Listen Later Jul 15, 2025 13:45 Transcription Available


What exactly is bookkeeping and why does it matter so much for your business?  In this episode, Danielle Hayden, reformed corporate CFO and CEO of Kickstart Accounting, Inc., breaks down the basics of bookkeeping, explains how it supports your growth, and shares the real-life benefits of staying on top of your numbers. Whether you're just starting out or scaling fast, this is foundational knowledge every business owner needs.  Key Takeaways:  Bookkeeping Is Your Business's Financial Foundation: It's all about recording and organizing every transaction—sales, expenses, and everything in between—so you can make smart, informed decisions.   Cash-Basis Accounting Is Usually the Right Fit for Small Businesses: Unlike big corporations, most small business owners don't need complex systems. Recording transactions when cash hits or leaves your bank account keeps things simple and clear. Timely Bookkeeping Saves You Time, Money, and Stress: When your books are current, you can avoid overpaying in taxes, make better business decisions, and skip the last-minute scramble at tax time. Accurate Books Protect You in Audits and Increase Your Business's Value: Clean records mean you're IRS audit-ready, and if you ever need to sell or get a valuation, your bookkeeping can directly impact your bottom line. As the CEO, You're Still Responsible: Even with a bookkeeper, it's your job to communicate business changes and review your reports regularly. That's how you turn numbers into growth. Special Note for S-Corp Owners: You must have accurate financials to file correctly and stay compliant. That means both income statements and balance sheets—don't skip this step! Topics Discussed: (00:29 – 01:33) What is Bookkeeping and Why Does It Matter?  (01:34 – 03:59) The Difference Between Small Business and Corporate Bookkeeping (04:00 – 08:26) The Benefits of Accurate, Up-to-Date Bookkeeping (08:27 – 09:09) Why Cash Balance Is Not the Full Financial Picture (09:09 – 09:43) Special Considerations for S-Corp Owners (10:19 – 12:37) The Importance of Taking Responsibility for Tracking Your Numbers as a Business Owner   Book a Call with Kickstart Accounting, Inc.: https://www.kickstartaccountinginc.com/book    Connect with Kickstart Accounting, Inc.: Instagram | https://www.instagram.com/Kickstartaccounting YouTube | https://www.youtube.com/@businessbythebooks  Facebook | https://www.facebook.com/kickstartaccountinginc

Overdrive Radio
Secret weapons for bookkeeping, biz analysis: Trucker of the Month Scott Smith

Overdrive Radio

Play Episode Listen Later Jul 15, 2025 35:17


Overdrive's June Trucker of the Month Scott Smith, owner-operator of Sapphire Cartage out of Searcy, Arkansas, has a couple of secret weapons when it comes to bookkeeping, tax accounting and business analysis. The first is his wife, Stephanie, who after time in the health care field and then with Scott rearing four young children, found new work Scott Smith describes in this week's edition of Overdrive Radio. Stephanie's built accounting expertise as support for a small-biz accounting software system, and her expert handling of the Sapphire Cartage back office has taken that load off of the independent. The second of those secret weapons regular readers encountered in the June 30 feature detailing Smith's history trucking: https://www.overdriveonline.com/trucker-of-the-year/article/15749527/trucker-of-the-month-bets-on-equipment-diversity-as-failsafe Namely, it's a custom spreadsheet the owner-operator built himself to effectively analyze per-ton rates in the hopper-bottom freight business when it comes to load offers. But not only that -- it's his go-to tool for week-to-week business performance as well. As was detailed in the story, Smith uses the spreadsheet to set revenues against not only hard costs like those for fuel but his weekly home needs, his own personal driver salary, if you will. What he needs to contribute to household take-home figures as an expense there, on a weekly basis. What he describes in the podcast brings to mind in some ways Overdrive's own Load Profit Analyzer tool you can access at any time to game out rate scenarios or compare load offers: https://overdriveonline.com/load-analyzer With that tool, using your own fixed cost per day, variable cost per mile and that self-pay salary figure per day to then compare as many loads as you like for profit potential, you too can set those driver-pay needs to be calculated on the expense side of the profit analysis. For June Trucker of the Month Scott Smith, though, it's his own system that accounts for all of it -- indeed a now not-so-secret weapon we'd wager many owners out there might do well to emulate in whatever form works best for the operation. In the podcast, hear more about Smith's operation and history trucking from the start, back in the early 2010s when like many out there he just happened into a love for the road via work in a different sector than the hopper- and flatbed-hauling work he does today. Nominate your own or another business to contend, like Smith, for Overdrive's 2025 Trucker of the Year award: https://overdriveonline.com/toptrucker Read about all of our 2025 Truckers of the Month via https://overdriveonline.com/trucker-of-the-year

Local Small Business Coach | Improve Your Profits & Sales
Want More Sales? Focus on These 3 Things

Local Small Business Coach | Improve Your Profits & Sales

Play Episode Listen Later Jul 14, 2025 11:00


Want to grow your sales? You don't need a million-dollar ad budget or a flood of new customers. You just need to focus on the three core ways businesses actually increase revenue: 1️⃣ Bring in new customers 2️⃣ Get existing customers to come back 3️⃣ Increase how much they spend each time In this episode, we break down how each strategy works—and how you can start using them today. Most business owners chase new customers non-stop, but the real profit often comes from what you're not paying attention to. Let's unlock the hidden sales sitting right inside your business.

the unconventional attorney
Tax strategies require actual tax law

the unconventional attorney

Play Episode Listen Later Jul 14, 2025 1:18


the unconventional attorney
The REAL goal isn't zero income tax

the unconventional attorney

Play Episode Listen Later Jul 12, 2025 0:50


The REAL goal isn't zero income tax

Who God Says Podcast
My Heritage: Faith As The Anchor w/ Sheree Lemelle

Who God Says Podcast

Play Episode Listen Later Jul 12, 2025 41:11


Send us a textIn this episode of the Who God Says podcast, Tyshaundra and Sheree Lemelle explore the themes of heritage, faith, and personal growth. Sheree shares her journey of growing up in a religious household, the impact of loss on her family dynamics, and her experiences with relationships and motherhood. The conversation delves into the challenges of marriage, the importance of faith in overcoming obstacles, and the resilience required to navigate life's complexities.  Emerald Services: Tax Prep, Bookkeeping, Tax Planning - Emeraldserve.com Support the showJoin the Kingdom Fanatics community! Get access to exclusive content, green room access with guest and more. Visit our website; Like & Follow us on Instagram, Facebook, Tiktok and make sure to subscribe to our YouTube channel! We greatly appreciate all the love and support. To donate to the show, sow a seed here.Be Blessed AND Be A Blessing

the unconventional attorney
Get rid of your scaredy cat accountant.

the unconventional attorney

Play Episode Listen Later Jul 11, 2025 1:24


Get rid of your scaredy cat accountant.

the unconventional attorney
4 Steps to Writing Off the Family Board Meeting

the unconventional attorney

Play Episode Listen Later Jul 10, 2025 6:34


the unconventional attorney
The hidden danger of capital loss harvesting

the unconventional attorney

Play Episode Listen Later Jul 9, 2025 1:13


The hidden danger of capital loss harvesting

the unconventional attorney
Content Creators CANNOT Write-off Clothes

the unconventional attorney

Play Episode Listen Later Jul 8, 2025 1:19


Content Creators CANNOT Write-off Clothes