Podcasts about QuickBooks

Season 5 Episode 13 FACULTY: Roman Villard CLASS: #Shoperations TITLE: Go Full Send and Build Epic Sh!t In this podcast episode, Scott interviews Roman Villard, the founder of Full Send Finance. Roman shares his entrepreneurial journey, discussing the backstory behind his firm, its community-building aspect, and the values that drive its growth. The conversation delves into Roman's departure from his previous job, the origins of the Full Send brand, and his vision for the future of the company. Introduction The Backstory The Firm Why Public Accounting? Long Hair Building a Community Origin of Full Send Brand How Roman Left His Old Job The First Client Hard Numbers Partnership and Community Impact vs Greed Growth Numbers Tech Stack The Future of Full Send Shout Outs: Matthew, Kenji, Acuity, Drink While You Think, Warren Buffet, Karbon, Financial Sense, Xero, Quickbooks, Gusto --- Send in a voice message: https://podcasters.spotify.com/pod/show/accountinghigh/message

In this episode of the Thoughtful Entrepreneur, your host Josh Elledge speaks to Content Creator & Marketing Strategist of Universal Accounting Center, Roger Knecht.Universal Accounting Center, under the leadership of Roger Knecht, has been a beacon of support for accounting professionals since 1979. The center offers training and support for both budding and established accounting professionals. Their mission is to transform accountants into "accounting preneurs," equipping them with the entrepreneurial mindset and skills necessary to run a successful accounting business.The center recognizes that many accountants lack marketing, selling, and pricing training. To address this, they guide professionals to help navigate acquiring and retaining clients. Their approach is not just about crunching numbers; it's about empowering accountants to offer valuable advice and insights to their clients.One of the critical points Roger emphasized during our conversation was the importance of communication between accountants and business owners. He noted that there needs to be more clarity between what business owners expect from their accountants and what accountants provide. Universal Accounting Center aims to bridge this gap by giving accounting professionals a voice and encouraging them to offer valuable advice and insights to their clients.Roger also touched on industry trends, noting the increasing focus on cloud technology and the integration of AI interfaces within accounting platforms such as QuickBooks, Xero, and Sage. He emphasized that these tools are meant to assist accounting professionals in their work, not replace them.Key Points from the Episode:Universal Accounting Center: training and support for accounting professionalsGoal: help accounting professionals become "accounting preneurs"Importance of communication between accountants and business ownersEvolution of Universal Accounting Center from physical campuses to online platformIndustry trends: focus on cloud technology and AI integration in accounting platformsAI tools in accounting: meant to assist, not replace professionalsCore areas of focus for accounting professionals: bookkeeping and accounting, tax preparation and planning, CFO and advisory workUniversal Accounting Center website, universalaccounting.com, offers free resources and coursesAbout Roger Knecht:Roger Knecht is the esteemed president of Universal Accounting, a renowned institution providing comprehensive training, certifications, coaching, and support to over 40,000 accounting professionals since its establishment in 1979. With over two decades of experience, Roger has personally guided thousands of accounting professionals in initiating and expanding highly profitable businesses. His private firm has earned prestigious accolades, listed in the INC 500 and Utah 100. Additionally, Roger hosts the influential "Building the Premier Accounting Firm" podcast, where he has conducted insightful interviews with industry experts such as Joe Woodard, Mike Michalowicz, Scott Zarret, and John Warillow. Furthermore, he co-authors two essential guides for accountants: "Red to BLACK," a comprehensive how-to guide, and "In the BLACK," outlining nine principles to ensure business profitability. Roger Knecht's contributions have significantly impacted the accounting profession, making him a respected figure in the industry.About Universal...

This Podcast Is Episode 552, And It's About Why Online Reviews Matter And Ways To Deal With Negative Feedback In today's digital age, online reviews hold immense power and influence over the success of small construction companies. With easy access to social media, Google reviews, and review websites, customers can easily voice their opinions and experiences with your business online. Most people searching for a local construction company - whether they need a plumber, painter, or general contractor, will check their online reviews before deciding.    Positive reviews can help establish credibility, build trust, and attract new customers. Conversely, negative reviews can damage a company's reputation and deter potential customers. Given the importance of online reviews, small construction companies should aim to provide excellent service and encourage satisfied customers to leave positive reviews.   As a small business owner, you must understand the importance of online reviews, as they will impact your brand image, sales, and customer loyalty.   Boost your brand image Online reviews are the first point of contact between your business and potential customers. Positive reviews can improve your brand image and credibility. When customers leave positive reviews, they help build an excellent impression of your brand, which can lead to increased sales and customer loyalty. A study conducted by BrightLocal found that 85% of consumers trust online reviews as much as personal recommendations. So, having a positive online reputation can make a big difference in the success of your small construction business. Improve your sales Online reviews can directly impact your sales. Positive reviews can help you attract new customers, while negative reviews can drive potential customers away. Positive reviews indicate that your business is reliable, trustworthy, and provides excellent customer service. You should encourage customers to leave positive reviews and respond professionally and promptly to negative ones. Gain insight into customer experience Online reviews can provide valuable insights into customer experience, which can help you improve your business. Reviewing them lets you identify areas to improve customer service, products, and business operations. Also, reviews can help you understand your target audience and what they value most about your business. Addressing customer feedback shows that you are willing to take the necessary steps to improve your business, which can enhance your online reputation and attract new customers. Increase customer loyalty Customers appreciate businesses that value their feedback. Responding to customer reviews and addressing their concerns shows you care about their experience with your business. When customers feel heard and appreciated, they are more likely to return and become loyal customers. Ways to deal with negative online feedback/review: Leave the negative review up A negative review doesn't have to be the end of the world. Although customers like to see five-star reviews, they understand that perfection is almost impossible—and probably a sign that something is "too good to be true." In that sense, having a customer or two provide negative feedback gives more credibility to the positive reviews. Customers expect to see a couple of negative reviews. If they're in amongst positive feedback, the negatives won't hurt you much and may increase your legitimacy if handled well. Respond to the review honestly Customer complaints are a way to build trust with your potential clients by allowing you to respond honestly and professionally. Did something go wrong that was out of your hands? Offer an apology and explain what happened. Was there a misunderstanding? Take the opportunity to clear it up. Has the reviewer requested additional information or a solution? Respond online to show what you've done to address the situation. Did the reviewer misunderstand a policy? Explain your policy and invite them to contact you with further questions. Doing so shows readers that you take their concerns seriously and are willing to take responsibility when things go wrong. Learn from negative reviews If you see the same concerns repeatedly in the online feedback, it may be time to review your services. Negative reviews give you insight into areas where your customers feel your business could make changes, so take the time to consider what you're being told. You can improve your offerings or communicate better with clients to manage their expectations. Thank them for their feedback, let them know you're taking their concerns seriously, and explain your next steps. In summary A solid online presence with positive reviews can give you an edge over competitors. It shows that you're reliable, trustworthy, and provide quality work. Encourage satisfied customers to leave reviews on platforms like Google, Yelp, and Facebook. This can help increase the number of reviews and boost your overall rating.  However, remember never to pay for or incentivize customers to leave positive reviews. Make it part of your process to encourage customers to leave reviews by simply asking for them. Monitor and ensure you respond to any negative reviews professionally and promptly. If possible, ensure your responses include an apology, a statement about your commitment to your clients, and a way to continue the conversation offline if further communication is needed. Doing so will show potential customers and clients that you care about their feedback and are willing to take responsibility. It will also allow you to move the conversation to a more private forum if the reviewer isn't happy with your response. PS  We offer free resources to help you save time and money that you can download and print now.  About The Author: Sharie DeHart, QPA, co-founded Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on managing the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com  

In this episode of Acquisitions Anonymous, Bill and Heather discuss a potential business opportunity: a vinyl fabrication business that wholesales to distributors. The business is priced at $1.9 million with $2.3 million in sales and $577,000 in cash flow. They mention potential risks and opportunities, express skepticism about the claim of being "100% SBA approved," and discuss incorporating AI into the business. They conclude that the business has growth potential but requires thorough due diligence.Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Double Jump Media is your one-stop shop for creating engaging, high-quality videos.Double Jump is a boutique video production company with over a decade of experience creating professional, memorable videos for clients from around the globe and in various industries. All while helping those clients generate millions in sales through video content.So, whether you're rebranding a business you recently purchased, launching a new product or service, or want to look awesome, Double Jump is down to clown.Visit www.doublejump.media to check out their portfolio and schedule your free consultation today. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

Hector and Alicia unpack Intuit's overhaul of their ProAdvisor program, including an updated point system, new status tiers and benefits, and how the changes intend to add more rigor and meaning to becoming a certified ProAdvisor.SponsorsLiveFlow - https://uqb.promo/liveflowTimesheets.com- https://uqb.promo/timesheetsOnPay - https://uqb.promo/onpay (00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast (03:30) - Introduction (05:56) - History and core components of the ProAdvisor program (15:27) - Paid versions for Desktop software (22:05) - Expanded premium support access (29:14) - Points for clients using products, not sales (32:44) - New community and knowledge badges (35:49) - Popular reporting and banking badges (38:35) - Elite firm growth consultations (42:31) - Gold status details (43:42) - Incentivizing advanced certification Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode: Hector's App - RightTool www.righttool.app Alicia's Training - RoyalWise http://royl.ws/uqapodcast QuickBooks Connect Conference:www.quickbooksconnect.com Firm of the Future: www.firmofthefuture.com

Crystalynn Shelton, CPA, is a business advisor and a QuickBooks expert who helps small businesses master their finances. As the founder and CEO of Crystalynn Shelton, CPA, she offers financial accounting software training, coaching, and consulting services to clients across various industries. She has been recognized as a QuickBooks Top 100 Pro Advisor and is the author of the best-selling Mastering QuickBooks 2024 series, set to release later this year. In 2010 Shelton opened her own practice, Small Business Development Consulting dedicated to helping small businesses find easy-to-use, accounting solutions that fit within their budget, and train them on more digestible terminology, so they can independently manage their business. Today, Shelton continues to share her passion and knowledge for finance teaching students at UCLA, aspiring to become Certified Public Accountants. With her extensive knowledge and experience, Crystalynn can help you simplify your bookkeeping tasks and optimize your financial performance.Crystalynn SheltonCrystalynn Shelton, CPA | LinkedInCrystalynnPens | TwitterThryv

On this episode of Acquisitions Anonymous, Michael pitches Heather on buying a winery. This listing is for San Martino Winery and Vineyards in LaVon, Texas, priced at $3.1 million, including real estate valued at $1.7 million. While the business has a strong social club aspect and positive Google reviews, it generates just $150,000 in annual cash flow. The ideal buyer would need a significant net worth and a passion for wine and hospitality, as this business prioritizes lifestyle over profits.Thanks to this week's sponsors.Acquisition Lab and their team have been longtime supporters of the pod.Created by Walker Diebel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business.Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com.-------------CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

In this episode, Michael, Bill, and Heather discuss the opportunity to buy a boat charter business located on Lake Travis in Austin, Texas.The hosts explore the build vs. buy decision, considering the cost of purchasing boats and the business. They also touch on the seasonality of such businesses and staffing challenges during the off-season. Despite the seasonal nature, they believe this business could appeal to the right buyer, especially one with digital marketing skills.Check out the listing here: https://www.bizbuysell.com/Business-Opportunity/fast-growing-and-profitable-boat-charter-company-on-lake-travis/2036131/Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Double Jump Media is your one-stop shop for creating engaging, high-quality videos.Double Jump is a boutique video production company with over a decade of experience creating professional, memorable videos for clients from around the globe and in various industries. All while helping those clients generate millions in sales through video content.So, whether you're rebranding a business you recently purchased, launching a new product or service, or want to look awesome, Double Jump is down to clown.Visit www.doublejump.media to check out their portfolio and schedule your free consultation today. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

This Podcast Is Episode 551, And It's About Recognizing The Value Of Construction Contractors In Our Daily Lives I was taking a moment to reflect on the challenges for the Pilgrims coming to America. They decided to make the journey with no guarantee of success. To build homes, plant crops, and take care of animals. Then, later, everyone chose to move West by wagon train, horse, or on foot. I am grateful for them! I think about my Grandparents and my Great Grandparents. What was life like when they were children? Where did they come from, and how did they get to where they were? The family's oral history seems so inadequate. My father shared so much, but now it looks like so little. Be glad for the simple things we take for granted: Going to the grocery store, deli, or restaurant for dinner Living indoors with electricity and indoor plumbing Driving a car Crossing the water on a bridge or ferry Modern times. I am all for living in the city with the gas station and grocery store just down the street. I appreciate reliable electricity, and tree contractors trim powerlines year-round to help prevent outages. I am grateful for the linemen who repair power lines during a storm so we have electricity.     Please note: The offer does not apply to Outsourced Accounting, Bookkeeping Review, or any Consultation and Training products; you can, however, use it to purchase any course or monthly subscription classes in Construction Accounting Academy   Thank You, Contractors, for going to work so the rest of us can stay home safe.    Thank you to the road crews, police, firemen, linemen, tree crews, plumbers, and electricians who work when the news says "Stay Home" and to all the other contractors and emergency services I have not mentioned. Contractors Make Our Lives Better Contractors build and maintain the things that make our lives better. They built the factories where the factory workers work. The rancher and farmer, whom you don't think about as contractors, construct and repair buildings and fences and maintain equipment. They learn to be jacks of all trades, raise crops and animals, and battle the elements. Heat, wind, rain, snow, forest fires, or grass fires – they see it first—the more remote their location, the more diverse their skills.    Why did you decide to become a Construction Contractor? Fast money, easy work, few hours, or all those reasons? Yes, contractors can make much money in this industry. Fast, however, is a relative term. Definition of Fast Money Collecting a job deposit is designed to lock down the job and buy materials. While using your client's money to start the project is always a good idea, that doesn't mean you have money to party heartily, buy a bunch of tools, or buy that brand-new truck you want.  The money will fly out of the checkbooks with everyday business expenses without extra help.  If you spend your job deposits in this manner, you get into a cycle of "Borrow from Peter to pay Paul." (author unknown) This was a favorite phrase of the '60s and '70s. What do I mean? Using the deposit from the next job to pay for expenses from the last job is a slippery slope to financial disaster. Another common phrase is "Leverage Is Great Until The Stick Breaks."  It's like a child's game of musical chairs. When the music stops, someone is without a chair. The same thing happens when the economy turns, as in 2008. Contractors thought (and hoped) the recession would be a slight dip and everything would return to normal by the summer of 2009. That is not what happened for most construction contractors.  Some construction contractors had lots of work in the pipeline unaffected by the recession. Many were overconfident and thought other contractors had a hard time because they "just didn't know how to run a business." Unfortunately, those same contractors were badly hurt when their pipeline of jobs ran out. Definition of Easy Work Easy work is any job that you know how to do quickly. Preparing Thanksgiving dinner for twenty or more is a simple task for a chef. However, it might be impossible for a college student living in a dorm or shared apartment. Definition of a Few Hours Yes, construction contractors can work a few hours every day. Usually, they work twelve hours or more every day of the week. It is only a few hours to: Take the call Schedule the appointment Meet the client Create the bid Present the bid Collect the deposit Schedule the work Make a material list Pick up the materials Coordinate any employees Go to the homeowner's house or job site As you begin the job: Think, plan, and do the work. Watch out for children and pets. Answer the homeowner's questions. Be polite and make small talk as needed. Keep working at a pace that compensates for any time spent watching out for children and pets or chatting with the homeowner. The homeowner expects work to be completed on time or ahead of schedule, no matter how many interruptions you or your employees have.  End of the day – Clean up the job site so it is ready for use this evening or clean and ready for work tomorrow. Pick up all your tools and materials (mobilize and demobilize) Meet with the homeowner to discuss the rest of the project. Assure them all is going well. Make notes of possible change orders or add-ons. Do not forget to price out change orders. Homeowners remember that unless you agree to a price reduction in writing, you are not obligated to reduce the price. The increase in scope is never forgotten. You Promised To Do [fill in the blank]. If you think any changes are omitted, wait; you will hear a grownup impersonating a preschooler wanting a cookie. Water on the stone is an understatement.   Like most Construction Contractors, you feel like you are waving the money as it goes by. Rest assured, it is true in Washington State, where contractors collect and pay sales taxes. The tax money is just moving through the checking account. Borrowing State and Federal tax money is very bad.  The same applies to payroll taxes, except the company must make a company match for Social Security and Medicare, pay state unemployment insurance and state worker's compensation, and obtain a contractor's license, contractor's liability insurance, bond, and other specialty licenses. The business of being in business as a construction contractor involves: Keeping track of a lot of paperwork Filling out and filing government forms Paying taxes  Financials are essential for filing annual federal taxes, whether you are a sole proprietor, LLC, or S-corp. The individual reports are for the benefit of the construction contractor. Are you making money? Which job? – Did you like that particular type of job? Do you go into any job knowing it will barely break even?  Are you passing out business cards or flyers to the neighbors of your current or past jobs? Are you driving long distances between jobs? Final thoughts You couldn't change yesterday; you could only review it and think about what you could do today. And how can you have a better tomorrow? Tiny changes can make a big difference. Sometimes, taking a pause is the right decision to make. Money makes the world go round. It is hard to buy gas or groceries with hope and a promise. It is not unreasonable to expect to be paid for your work. Contractors like you bring value to everyone's life you touched. I am rooting for your success and wish you and yours the best in everything that comes your way. PS  We offer free resources to help you save time and money that you can download and print now.  About The Author: Sharie DeHart, QPA, co-founded Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on managing the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com  

Bahadir, coming from a digital product management background, crafted products for both small online businesses and public DTC companies like Martha Stewart's Marley Spoon. In the past 5 years, he has been leading his tech company Fabrikatör (can be read as fabricator in English) building solutions for DTC businesses.In This Conversation We Discuss: [00:00] Intro[01:49] A business born out of witnessing inventory pains[02:47] Providing solution for out of stock/overstock  [03:48] Challenges arise when solving inventory issues[04:58] When an inventory planning software is needed[06:10] Prepare your stocks for peak seasons[06:37] Prioritize inventory as early as you can[07:24] Learn spreadsheets for a solid foundation[08:14] The painful lag between investments and supply[09:38] Using a unified platform to track all operations[10:41] Monitor where you park your cash and capital[11:38] Inventory forecasting makes or breaks a business[12:35] Successfully using pre-orders as a research tool[14:10] Your storefront reflecting your inventory[15:15] An inventory solution for every step of operations[16:56] Pre-orders as a safety net for unexpected issues[17:45] Inventory issues affect marketing efforts as well[18:41] Collaborative platform for marketing and operations[19:43] Overstocking costs more in an ever-changing market[20:20] Reducing carbon footprint as an Ecommerce business[21:21] Get started with Fabrikator's all-around solutionsResources:Subscribe to Honest Ecommerce on YoutubeInventory management software for Shopify fabrikator.io/Follow Bahadir Efeoglu linkedin.com/in/befeoglu/If you're enjoying the show, we'd love it if you left Honest Ecommerce a review on Apple Podcasts. It makes a huge impact on the success of the podcast, and we love reading every one of your reviews!

Hunt explores the crucial differences between shop management software and QuickBooks, focusing on the impact on parts margin. This episode is a must-listen for shop owners and financial managers seeking clarity and efficiency in their business operations.• Dual Bookkeeping Explained: Unravel the reasons behind running two sets of books and its effect on your financials.• Real-Life Client Case: Learn from a client's experience with discrepancies in parts margin between shop management systems and QuickBooks.• Strategies for Financial Accuracy: Gain insights into aligning financial data across platforms for precise tracking and profitability.Thanks to our partners, NAPA TRACS and PromotiveDid you know that NAPA TRACS has onsite training plus six days a week support?It all starts when a local representative meets with you to learn about your business and how you run it. After all, it's your shop, so it's your choice.Let us prove to you that Tracs is the single best shop management system in the business. Find NAPA TRACS on the Web at NAPATRACS.comIt's time to hire a superstar for your business; what a grind you have in front of you. Great news, you don't have to go it alone. Introducing Promotive, a full-service staffing solution for your shop. Promotive has over 40 years of recruiting and automotive experience. If you need qualified technicians and service advisors and want to offload the heavy lifting, visit www.gopromotive.com.Paar Melis and Associates – Accountants Specializing in Automotive RepairVisit us Online: www.paarmelis.comEmail Hunt: podcast@paarmelis.comGet a copy of my Book: Download HereAftermarket Radio Network

Hunt explores the crucial differences between shop management software and QuickBooks, focusing on the impact on parts margin. This episode is a must-listen for shop owners and financial managers seeking clarity and efficiency in their business operations.• Dual Bookkeeping Explained: Unravel the reasons behind running two sets of books and its effect on your financials.• Real-Life Client Case: Learn from a client's experience with discrepancies in parts margin between shop management systems and QuickBooks.• Strategies for Financial Accuracy: Gain insights into aligning financial data across platforms for precise tracking and profitability.Thanks to our partners, NAPA TRACS and PromotiveDid you know that NAPA TRACS has onsite training plus six days a week support?It all starts when a local representative meets with you to learn about your business and how you run it. After all, it's your shop, so it's your choice.Let us prove to you that Tracs is the single best shop management system in the business. Find NAPA TRACS on the Web at NAPATRACS.comIt's time to hire a superstar for your business; what a grind you have in front of you. Great news, you don't have to go it alone. Introducing Promotive, a full-service staffing solution for your shop. Promotive has over 40 years of recruiting and automotive experience. If you need qualified technicians and service advisors and want to offload the heavy lifting, visit www.gopromotive.com.Paar Melis and Associates – Accountants Specializing in Automotive RepairVisit us Online: www.paarmelis.comEmail Hunt: podcast@paarmelis.comGet a copy of my Book: Download HereAftermarket Radio Network

Have you ever wondered how to personalize retirement benefits for your employees?  In this episode, I had the pleasure of chatting with Courtenay Shipley, a business retirement plan owner, about just that. We dive into different retirement plans like 401(k)s, IRAs, SIMPLE IRAs, and SEP IRAs, and discuss the importance of tailoring these plans to specific groups. Courtenay also shares insights on profit sharing and the safe harbor plan design. Listen in to learn more about: The importance of personalizing retirement benefits for employees Exploring different retirement plans like 401(k)s, IRAs, SIMPLE IRAs, and SEP IRAs Benefits of profit sharing and the safe harbor plan design Limitations of payroll companies like Gusto for managing benefits Alternative options like Guideline and Vestwell for managing retirement plans If you're looking to provide the best retirement benefits for your staff, this episode is a must-listen. Join us as we dive into the world of retirement plans and discover how to tailor them to your practice's specific needs. Let's make benefit planning a breeze! Thanks for listening! Like what you heard? Give us 5 stars on whatever platform you're listening from. Need extra support? Join The Exchange, a membership community just for group practice owners on our website www.thegrouppracticeexchange.com/exchange. Talk to you next time! Resources mentioned in this episode: Retirement Planology website IRS Website for for SIMPLE IRAs Gusto Guideline Vestwell Vanguard Connect with Maureen Werrbach & The Group Practice Exchange: Website Facebook Instagram LinkedIn   This episode is sponsored by TherapyNotes. TherapyNotes is an EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. I use TherapyNotes in my own group practice and love its amazing support team, billing features, and scheduling capabilities. It serves us well as a large group practice owner. Do you ever wish for a financial therapist who could relieve you from the last few months of bookkeeping, talk you off the edge when you're running into issues with Quickbooks, or help you work through a profit plan for growth? GreenOak Accounting does just that! GreenOak Accounting is an accounting firm that specializes in working with group practices. Their value goes WAY beyond bookkeeping; they can help you get on track for financial success. Schedule a free consultation by going to http://greenoakaccounting.com/tgpe  

You know the basics of QuickBooks, but are ready to take your skills to the next level? On this episode Hector and Alicia discuss the key steps for going from QuickBooks beginner to pro, including getting certified, hands-on practice, utilizing online resources, and finding a mentor.SponsorsLiveFlow - https://uqb.promo/liveflowTimesheets.com- https://uqb.promo/timesheetsOnPay - https://uqb.promo/onpay (00:00) - How to become a QuickBooks expert (04:17) - What kind of books or written material can people invest in to become an expert in QuickBooks? (12:27) - QuickBooks Desktop course in 2023 (17:53) - Using a personal QBO file to learn (20:49) - Using classes, Locations, and tags in a personal file (23:51) - ProAdvisor training and certifications (28:39) - Importance of the Advanced Certification (30:21) - Unpaid internships at accounting firms (32:58) - Wrap up and remember to subscribe so you don't miss an episode Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode: Hector's App - RightTool www.righttool.app Alicia's Training - RoyalWise http://royl.ws/uqapodcast QuickBooks Connect Conference:www.quickbooksconnect.com Firm of the Future: www.firmofthefuture.com

Dan and Michelle discuss the takeaways and announcements at this year's QuickBooks Connect.Blog on Schoolofbookkeeping - https://www.schoolofbookkeeping.com/blog/quickbooks-connect-2023-recapBlack Friday Promotion Save 75% on QBO for 12 months - Ends Dec 4th - https://www.qbpowerhour.com/black-fridayQB Power Hour is a free, biweekly webinar series for accountants, ProAdvisors, CPAs, bookkeepers and QuickBooks consultants presented by Michelle Long, CPA and Dan DeLong who are very passionate about the industry, QuickBooks and apps that integrate with QuickBooks.Watch or listen to all of the QB Power Hours at https://www.qbpowerhour.com/blogRegister for upcoming webinars at https://www.qbpowerhour.com/

We're back from QuickBooks Connect 2023 with announcements, updates, new features, and improvements in QuickBooks Online. Also, EY got fined $3 million for cheating on ethics exams, and 42 percent of firms are turning away work due to staff shortages. Finally, we discuss the disruption of Alphabet's main search business by Microsoft, Amazon, and Apple in the AI-powered assistant space.Sponsors LiveFlow - http://accountingpodcast.promo/liveflowZoho - https://cloudaccountingpodcast.promo/zoho Keeper - https://cloudaccountingpodcast.promo/keeperChapters (00:32) - Blake and David are back from QuickBooks Connect (06:38) - New QuickBooks features announced at QuickBooks Connect (07:25) - QuickBooks Ledger (09:47) - Expanded roles and permissions in QBO (10:16) - QuickBooks Payroll cost allocations (11:23) - Chart of Accounts templates (12:26) - Changes to ProAdvisor Program (13:08) - Now you can copy QBO files to a sandbox (16:20) - Blake's AI session at QuickBooks Connect (24:47) - Blake will be giving a webinar on AI on Earmark's Webinars+ (27:33) - EY Texas gets a $3 million penalty for cheating on ethics exams (34:35) - 46% of EY audits in 2022 had flaws (37:47) - What numbers do investors care about? (41:40) - PCAOB says they have doubled their fines in recent years (43:35) - More cities are struggling with ERP rollouts (44:57) - Zoho introduces practice management software for accountants (46:45) - Tech Radar's top laptops for accountants (48:04) - Intuit updates their tax software and shuts down Mint (55:29) - 42% of accountants turn down work over staff shortages (57:51) - ClientHub introduces AI-enabled email integration (59:24) - 3 AI-based accounting companies raise a lot of money (01:08:48) - Is Google/Alphabet in trouble? (02:03) - 31 Wrap up and thanks for listening  Show NotesIntuit rolls out bevy of new features for the next tax season | Accounting Todayhttps://www.accountingtoday.com/news/intuit-rolls-out-bevy-of-new-features-for-the-next-tax-year New product innovations at announced at QuickBooks Connect help accountants drive small business growthhttps://www.firmofthefuture.com/quickbooks-connect/new-product-innovations/ PCAOB fines doubled in recent years | Accounting Todayhttps://www.accountingtoday.com/news/pcaob-fines-doubled-in-recent-years Accounting firms hit with record US fines over audit failureshttps://www.ft.com/content/25a65a49-4b94-4a80-82d8-435616a78f27 SURVEY: 42% of Accountants Turn Away Work Over Staff Shortages - CPA Trendlineshttps://cpatrendlines.com/2023/11/09/survey-48-of-accountants-turn-away-work-over-staff-shortages/ Black Ore Emerges from Stealth with $60 Million in Funding to Bring AI to Financial Serviceshttps://www.blackore.ai/articles/black-ore-emerges-from-stealth-with-60-million-fundingLaunching Zoho Practice: The Ultimate Practice Management Softwarehttps://www.zoho.com/blog/general/launching-zoho-practice.html Bill Holdings Is Said to Near $1.95 Billion Deal for Meliohttps://www.bloomberg.com/news/articles/2023-11-08/bill-holdings-is-said-to-near-1-95-billion-deal-for-melio Bill Holdings stock sinks amid report of $1.95B deal talks for Melio ...https://seekingalpha.com/news/4033680-bill-holdings-sinks-amid-report-of-195b-deal-talks-for-melio-payments Bill Holdings denies media report on Melio deal  https://www.reuters.com/markets/deals/bill-holdings-nears-195-billion-payments-deal-melio-bloomberg-news-2023-11-08/ Puzzle secures $30m for revolutionary AI-powered accounting ...https://fintech.global/2023/11/15/puzzle-secures-30m-for-revolutionary-ai-powered-accounting-platform/ EY Gets $3 Million Penalty by Texas Board of Public Accountancyhttps://www.cpapracticeadvisor.com/2023/11/13/ey-gets-3-million-penalty-by-texas-board-of-public-accountancy/97576/ Bill's stock bounces after denial of report it was pursuing a $2 billion ...https://www.marketwatch.com/story/bills-stock-bounces-after-denial-of-report-it-was-pursuing-a-2-billion-cash-and-stock-buyout-of-melio-payments-7562580b Black Ore Raises $60 Million and Debuts AI Tool for Accountantshttps://www.pymnts.com/news/investment-tracker/2023/black-ore-raises-60-million-dollars-debuts-artificial-intelligence-tool-accountants/ New Products at QuickBooks Connect Help Accountants Drive Small ...https://www.cpapracticeadvisor.com/2023/11/14/new-products-at-quickbooks-connect-help-accountants-drive-small-business-growth/97644/ St. Louis comptroller said prior mayor wanted new accounting ...https://www.stltoday.com/news/local/government-politics/st-louis-comptroller-said-prior-mayor-wanted-new-accounting-system-but-she-voted-for-it/article_8afa54ca-8275-11ee-9673-efc459761629.html Intuit QuickBooks Unveils New Product Innovations at QuickBooks Connect that Help Accountants Drive Small Business Growth https://www.intuit.com/company/press-room/press-releases/2023/intuit-quickbooks-unveils-new-product-innovations-at-quickbooks-connect-that-help-accountants-drive-small-business-growth/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ClassifiedsWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page

In this episode of Acquisitions Anonymous, Girdley, Bill, and Heather delve into the pitfalls of a dubious business opportunity detailed in a Biz Buy Sell listing. They emphasize the red flags, such as the unrealistic promise of guaranteed results or your money back and the inclusion of unrelated "value-add" services, questioning the credibility and legitimacy of the offer. The conversation highlights the need for a strong and recognizable national brand to be a key factor for a successful franchise.Check out the listing- https://www.bizbuysell.com/Business-Opportunity/ultimate-texas-master-franchise-opportunity/2145964/Thanks to this week's sponsors.Acquisition Lab and their team have been longtime supporters of the pod.Created by Walker Diebel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business.Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com.-------------CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

Ever found yourself wondering if your QuickBooks might be hiding crucial mistakes that could impact your business? Today, we're diving into the signs that your QuickBooks might need a closer look. Let's dive in!‌Resources Mentioned:Full Show Notes: https://aimeecerka.com/111Money Makeover QuickBooks audit: https://aimeecerka.com/qbauditInstagram: https://instagram.com/aimeecerka/Text Question to 817-969-4653 - Click Here From MobileWork with Aimee: https://workwithaimee.com‌Wondering What's Next?14 Day Money Mastery Action Plan -https://aimeecerka.com/action/‌https://aimeecerka.com

In this episode of Acquisitions Anonymous, Girdley, Bill, and Heather delve into the pitfalls of a dubious business opportunity detailed in a Biz Buy Sell listing. They emphasize the red flags, such as the unrealistic promise of guaranteed results or your money back and the inclusion of unrelated "value-add" services, questioning the credibility and legitimacy of the offer. The conversation highlights the need for a strong and recognizable national brand to be a key factor for a successful franchise.Check out the listing- https://www.bizbuysell.com/Business-Opportunity/ultimate-texas-master-franchise-opportunity/2145964/Thanks to this week's sponsors.Acquisition Lab and their team have been longtime supporters of the pod.Created by Walker Diebel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business.Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com.-------------CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

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Compliant Surcharging is more popular than ever with card not present merchants, but reconciliation with Quickbooks can be a challenge. In this webinar, I am joined by Biller Genie President, Garima Shah to discuss how to make Surcharging work for these merchants and the process they went through to design and implement a seamless, processor agnostic surcharging integration with Quickbooks. There is a huge market segment of merchants who are invoicing their clients and uses Quickbooks. This market is largely untapped by the ISO / Agent community and surcharging is your best chance at generating interest. Join me to talk about this opportunity and how you can build a solid book of business while helping these merchants cut costs.

This Podcast Is Episode 550, And It's About Becoming A Better Construction Leader By Practicing Generosity If you have been lucky enough to encounter generous people, you understand they have a unique gift for garnering the respect and admiration of individuals around them. When you are a leader, having a positive relationship with the people who follow you is a huge asset you cannot put a price on.    In the construction business, generosity and helpfulness are two fundamental traits that can make a business successful. When contractors are willing to share their knowledge and expertise with others, it creates a sense of community and fosters growth and success for everyone involved. Additionally, when contractors are generous with their time, resources, and even their finances, it can significantly impact the success of other businesses and individuals.    t is the right thing to do and being generous because it is something you value are two different things. If you want your generosity to be compelling, it must come from a place of sincere care and concern for those you lead. Being generous to others not only lowers their anxiety and increases their appreciation for you, but it also adds to your happiness and health.   2. Look for moments to be grateful.   Being grateful could be as simple as sending a brief, personal thank-you email when the occasion arises. You do not need to create a large display or spend much money to make people feel valued. Simply watch for positive behavior in others, and when you see it, make a mental note to acknowledge it and express your gratitude.   3. Find opportunities to give back to your community.   Depending on your resources and the capacity to lead others, the extent of your reach may vary, but don't let that stop you from finding ways to give back to your community. Most homeless shelters have standing requests for donations of socks, bottled water, coats, and blankets. Speak to your company to gauge their interest and help organize a supply drive or fundraiser to give back to your community. When the people you lead see you being generous, it displays your character and often increases their respect for you.   4. Become more hopeful.   Naturally generous people are often idealists. They perceive how the world around them should be and believe in the goodness of people. Becoming an optimist could be a struggle if you are naturally pessimistic, but it is not insurmountable. Next time a challenge arises on the team you are leading, go above and beyond to believe the best in others and trust that the outcome will be positive even when it may not look that way on the surface.   5. Look for opportunities to trust others.   Trusting others may not seem like a quality of a generous person; however, one of the most remarkable ways you can be generous with others is by trusting them enough to allow them to take the lead on things that matter to them. Trust their ideas and, more importantly, their ability to complete the task. When you loosen your grip as a leader and trust the people around you to do what needs to be done, they will see you as a more trustworthy, generous leader.   There are many ways to express generosity toward others. When you look for opportunities to be more understanding and helpful, the people you lead will feel more secure following you. A leader needs to gain trust and respect; one of the best ways to do that is by being generous as often as possible!   And what's the most generous thing you can do for yourself? Hire help!   If you're like most construction business owners, there are never enough hours in the day to complete every task on your list.   Often, you must prioritize what you need to do right now – deal with a client, estimate a project, attend an event – and what you know you should do for the ongoing growth of your business.   It sounds simple, but many entrepreneurs' self-sufficient, independent nature can make it difficult to get comfortable delegating responsibility. Finding the right people to relieve the burden of doing everything all the time is the only way a business can scale and reach its potential.   Think carefully about how you spend your days. Are you still at the point where you want to – or need to – do it all? The ultimate success of any company is to reach the point where it can run without you so you can enjoy a holiday, pass the business on to a family member, or sell it. Start outsourcing the tasks you like the least - it could be managing your online presence or bookkeeping, for instance, so you can spend more days with the things that matter and the people you love the most.   Final thoughts   Developing new business habits takes time and commitment – but the payoff is well worth it! Generosity can help you become a better construction business owner. It means going above and beyond what is expected of you and being kind and empathetic toward your employees, clients, the community, and yourself. When you approach your business with generosity, you create a culture where everyone feels valued and respected. This, in turn, can lead to increased productivity, better client relationships, and a positive reputation within the industry.    So, if you're a contractor looking to positively impact your community and build strong relationships with others in the industry, consider being generous and helpful whenever possible. It may lead to tremendous success and satisfaction in the long run. PS  We offer free resources to help you save time and money that you can download and print now.  About The Author: Sharie DeHart, QPA, co-founded Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on managing the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com  

Victoria Thayer - Novii CPA On staying as a corporate employee vs. starting on her own: "Once you become partner, you walk in clouds and everything is just rainbows and hearts... It was death, pretty much." Death and taxes it has been said are the two things we can always count on.  Victoria Thayer started Novii CPA to help you with your taxes, so you don't die from the stress of trying to figure them out. Victoria was working her way up the corporate ladder at a large CPA firm.  Then one day, she realized she was working very hard for a type of success that did not align with the success she wanted. So she started Novii CPA, her own CPA firm to do things different and to do things better. Listen as Victoria details her story and gives us insight into the inner workings of larger CPA firms and how she has found success making herself her own boss. Enjoy! Visit Victoria at: https://noviicpa.com/ Podcast Overview: 02:20 Relationship-based accounting and tax services with value. 06:04 Determining ideal package for different businesses. 06:42 Discovery call assesses client's needs, gathers info. 12:23 Tax law changes require continuing education. 15:03 Paying self employment taxes: explore alternatives. 18:04 Key importance in evaluating discovery call; paperless, cloud-based, Quickbooks online, willingness to switch, hybrid firm. 19:49 Finding team members outside of posting job. 24:03 Becoming partner doesn't guarantee happiness, freedom. 29:01 Hired more staff, but became a bottleneck. 30:30 Busy entrepreneur hires experienced CPA, finds success. 35:05 Transparent culture fosters teamwork and inclusivity. 37:42 Setting up workflows to maintain reputation. 39:42 Opportunity for growth attracts passionate team members. 44:36 Client coordinator found through UW job posting. 48:48 CPA firm provides continuous service, tax return. 52:33 Quit job, start own business, fears, preparations. Podcast Transcription: James [00:00:01]: You have found authentic business adventures, the business program that brings you the struggle, stories and triumphs and successes of business owners across the land. Downloadable audio episodes can be found in the podcast link. Found@Drawincustomers.com Today we're welcoming slash preparing to learn from Victoria Thayer of Novii CPA, which, you know, everybody loves taxes. So we figured we should talk to Victoria here. So, Victoria, how are you doing today? Victoria Thayer [00:00:27]: Amazing. Thank you so much for the invitation today, and it's a pleasure to connect with all of you. James [00:00:32]: Yeah, this is exciting. You know, I guess my friend Jenna. Victoria Thayer [00:00:35]: Yes. And you were just talking to me. James [00:00:38]: I guess, off the air about a meeting that you had with her and that was a trigger or she just kicking the shin to start your own business. Tell me a story about how that happened. Victoria Thayer [00:00:46]: Yes. So I was talking to Jenna or a mutual friend, and I met her in a networking event. She's amazing. You should follow her. And she started asking me about what my goals were in the future, and I started thinking, oh, yes, I want to do this and this. But then the way I thought it was the traditional way to get there was not exactly what I truly wanted. And sometimes it is hard to acknowledge that we want something and say it out loud. James [00:01:15]: Okay. Victoria Thayer [00:01:16]: I guess because sometimes we're just scared, like, oh, maybe it's too big. Maybe it's too big for me. Can I really do that? Oh, who do I think I am to be able to do that? So those were the fears I had, and she helped me kind of uncover it and be like, I think you truly want to do this. You just are afraid to say it. James [00:01:35]: All right. Victoria Thayer [00:01:36]: So she really helped me see that. And it was only a couple of months after that coffee that we ...

Hector and Alicia answer your questions. From tracking expenses to their sources and properly categorizing transactions, utilizing automation, and using cost accounting techniques to calculate profit margins for individual products, customers, and sales channels.SponsorsLiveFlow - https://uqb.promo/liveflowTimesheets.com- https://uqb.promo/timesheetsOnPay - https://uqb.promo/onpay (00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast (03:30) - Listener Mail: Revenue Recognition & Uncategorized Expenses (18:45) - Tracking your Customer Deposits (22:48) - QBO Advanced's new Revenue Recognition feature (32:46) - QBO's Chart of Accounts default accounts (36:32) - Uncategorized Assets (38:43) - Using Books Review & Banking Options with Uncategorized Expenses (42:45) - Apps that use Uncategorized Expenses (47:58) - Thanks for listening and remember to subscribe Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode: Hector's App - RightTool www.righttool.app Alicia's Training - RoyalWise http://royl.ws/uqapodcast QuickBooks Connect Conference:www.quickbooksconnect.com Firm of the Future: www.firmofthefuture.com

Listen to the full Unofficial QuickBooks Accountants Podcast here: https://share.transistor.fm/s/5586a16eEarmark Media Presents a bonus episode of Unofficial QuickBooks Accountants Podcast. Hector and Alicia dig into all the details and speculation around Intuit's newest cloud accounting product QuickBooks Ledger. Is it an affordable option for write-up clients or an over-hyped limited edition QBO? Listen to the full Unofficial QuickBooks Accountants Podcast here: https://share.transistor.fm/s/5586a16eSend your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode: Hector's App - RightTool www.righttool.app Alicia's Training - RoyalWise http://royl.ws/uqapodcast QuickBooks Connect Conference:www.quickbooksconnect.com Firm of the Future: www.firmofthefuture.com

Hector and Alicia dig into all the details and speculation around Intuit's newest cloud accounting product QuickBooks Ledger. Is it an affordable option for write-up clients or an over-hyped limited edition QBO? What does it mean for accountants and their clients?SponsorsLiveFlow - https://uqb.promo/liveflowTimesheets.com- https://uqb.promo/timesheetsOnPay - https://uqb.promo/onpay (00:00) - Welcome To The Unofficial QuickBooks Accountants Podcast (04:08) - Discussing the Release Date and Timeline of QuickBooks Ledger (07:03) - QuickBooks Ledger Pricing and Target Audience (08:55) - Key Features Included and Not Included in QuickBooks Ledger (29:22) - Converting from QuickBooks Desktop and Downgrading from Simple Start (48:28) - Potential Workarounds for Desktop Conversion and Simple Start Downgrading (50:16) - Updates to QuickBooks Online Bank Feeds (56:56) - The Importance of Fixing the Little Things Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode: Hector's App - RightTool www.righttool.app Alicia's Training - RoyalWise http://royl.ws/uqapodcast QuickBooks Connect Conference:www.quickbooksconnect.com Firm of the Future: www.firmofthefuture.com

Want to sell more roofing jobs? Financing might be the answer for you! In today's show, you'll learn how to boost your sales with a seamless process of fast funding that appeals to your customers. Join us to learn more!   Chris Scoville is a pioneer in home improvement financing. He is a true advocate for roofing contractor success while looking out for the best benefits for homeowners, as well. His expertise at Scoville Financing is helping to educate and support contractors about financing for their consumers at the point of sale.   What you'll hear in this episode: How John is finding success by offering financing options to his customers How financing options work for the financial benefit of the consumer while boosting your sales Why financing makes perfect sense in today's changing market How the prequalification and approval processes work with financing Common misconceptions (mostly from old-school roofers) about financing How dealer fees work in the financing process A look at the numbers proving that financing benefits both consumer and contractor Resources: Connect with Chris Scoville: Website and LinkedIn Time is running out! Are you eligible for the Employee Retention Credit (ERC)? Visit www.rpcfinancial.com to find out! Do you need help with your books? We have a certified Quickbooks pro who is waiting to help you! Email John or Dave or contact us on Instagram for more information! Connect with John DeLaurier:  www.calldrr.com, Instagram, and Facebook Connect with Dave via text message: (510) 612-1450 Let me know if you'd like to join one of our new Mastermind groups for contractors. Email me: dave@theroofershow.com or visit The Roofer Mastermind to sign up. Download my FREE 1-Page Business Plan template at www.theroofershow.com. Contact me about one-on-one coaching at www.theroofercoach.com. We need reviews of the podcast! Please leave a five-star review. It matters! Vetted Sponsors of the Roofer Show Check out the programs that will help you gain confidence in your sales process, become a better leader, and build a winning sales team at Salestransformationgroup.com/roofershow Tee up the sale and make a great first impression by having a friendly, professional receptionist answer your phone with Ruby Receptionists. Use this link for up to $150 off your first month's service! get.ruby.com/theroofercoach Be the modern-day contractor! We help you leverage technology to generate, organize, and maximize commercial roofing leads. Find out more about Peak Leads at Peakleads.io. Automate your systems and do follow-ups better! Check out ProLine and use promo code “Dave50” for 50% off your first month's service! Additional bonuses are available for the first 100 contractors who sign up for the newest version, which just launched on August 1, 2023!

In this episode of Acquisitions Anonymous, Mills and  Girdley discuss a distribution wood products business for sale in Broward County, Florida, priced at $1.4 million with a $730,000 cash flow and $1.5 million in revenue. They analyze the industry's stable demand for pallets and highlight the potential challenges associated with the owner's skewed perception of the business's value. Despite these challenges, they emphasize the industry's low regulatory requirements, low-tech operations, and potential for sustained demand, indicating an overall positive outlook for the wood products market.Find the listing here: https://www.bizbuysell.com/Business-Opportunity/distribution-wood-products/2162283/?utm_source=smbdealhunter.beehiiv.com&utm_medium=referral&utm_campaign=new-deals-17-oct-2023Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Double Jump Media is your one-stop shop for creating engaging, high-quality videos.Double Jump is a boutique video production company with over a decade of experience creating professional, memorable videos for clients from around the globe and in various industries. All while helping those clients generate millions in sales through video content.So, whether you're rebranding a business you recently purchased, launching a new product or service, or want to look awesome, Double Jump is down to clown.Visit www.doublejump.media to check out their portfolio and schedule your free consultation today. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

This Podcast Is Episode 549, And It's About Construction Company Budget Vs. Cash Flow Finding some certainty can make all the difference in the unpredictable construction business world. While the future remains a mystery, budgeting and cash flow forecasting tools can significantly reduce uncertainty, allowing you to anticipate challenges, learn from past events, and enhance your ability to navigate your business. Budget vs. Cash Flow: The Crucial Distinction A common misconception is that a budget and cash flow are interchangeable. A budget is a projection of future possibilities, enabling you to consider various sales and expense scenarios. On the other hand, a cash flow provides a record of actual expenses and sales revenue that flow into and out of your business each month. Although they often deal with the same data, their applications differ. Budget and cash flow are both essential concepts in construction management. However, they serve different purposes and are used in different ways. A budget is a financial plan that outlines expected income and expenses for a specific period. In construction, budgets are typically created for individual projects or a company. The purpose of a budget is to help managers plan and control expenses, set goals, and allocate resources. On the other hand, cash flow is a measure of the amount of cash coming in and going out of a business over a specific time.  In construction, cash flow is significant because it can be used to determine whether a project is financially feasible and whether there is enough cash on hand to pay for expenses. Budgets and cash flow are related but not the same thing. A budget is a plan, while cash flow measures actual cash transactions. A project can be under budget but still experience negative cash flow if expenses exceed income.  Conversely, a project can be over budget but have positive cash flow if income exceeds expenses.  You might budget $1,000/month for online costs, whereas in the cash flow, you'd record the actual amount spent. Despite their distinct uses, cash flow and budgeting are often maintained on the same spreadsheet or similar accounting software for ease of use and comparison. The advantages of budgeting and cash flow forecasting Incorporating budgeting and cash flow forecasting in your construction business has numerous benefits. They help predict and manage potential cash surpluses or shortages, plan for tax obligations, time new equipment purchases, determine when to buy in bulk, and even identify when you might need a small business loan or a line of credit. Budgeting and cash flow forecasting are essential tools for any construction business. They provide a clear picture of the company's financial health and help identify potential problems before they occur. By creating a budget, companies can plan their finances more effectively, set realistic goals, and allocate resources to maximize profitability.  This is particularly important in the construction industry, where projects can be complex and costly. Cash flow forecasting is equally essential, enabling businesses to understand their cash position and ensure they have sufficient funds to meet their obligations. This is particularly critical in construction, where delays or unexpected expenses can quickly impact cash flow. By forecasting cash flow, businesses can plan for these contingencies and ensure they have the necessary funds available when they are needed.  One handy feature is the ability to track expenses and highlight any unusual cost increases or decreases. This allows you to take prompt action to address the issue. Additionally, these tools can help monitor sales levels and flag any underperforming areas of your business. Practical tips for effective budgeting Preparing an annual budget requires sufficient time – allocate at least two or three months for this process. Update your budget each month based on the actual cash flow. Remember that the sales forecast is often the most challenging part. If you're new to the construction business, examine separate estimates for different products or geographical areas and note any seasonal patterns in your company and industry. Sensitivity analysis: a proactive approach A sensitivity analysis, often called 'what if' scenarios, can help you understand how different outcomes affect business performance. This analysis allows you to review the effects of changes in your revenue or costs.  The power of regular updates Regularly comparing your actual expenditure against your budget enhances your ability to predict future costs accurately. Reviewing and updating your budget and cash flow forecasts at least once a month or more frequently if your business environment changes quickly is good practice. Having a construction accountant on board can be incredibly beneficial when managing finances in the construction industry. One of the critical advantages of having a construction accountant is their ability to help with budgeting and cash flow.    A construction accountant can assist with creating a budget that takes into account all of the costs associated with a construction project, from materials and labor to permits and fees. By having a detailed budget, contractors can better manage their cash flow and avoid surprises down the line.    Additionally, a construction accountant can provide ongoing financial analysis and reporting, allowing contractors to stay on top of their finances and make informed decisions about future projects and investments. With the help of a skilled construction accountant, contractors can better manage their finances and set themselves up for long-term success. In summary Budget and cash flow are essential in construction management but serve different purposes. A budget helps managers plan and control expenses, while cash flow helps determine whether a project is financially feasible and whether there is enough cash to pay for expenses. Budgeting and cash flow forecasting are potent tools to help construction businesses like you manage your finances more effectively, plan for the future, maximize profitability, and guide your business decisions. However, their value lies in their regular review and updating, ensuring their figures remain current and reflect your construction business's financial health.  PS   We offer free resources to help you save time and money that you can download and print now.  About The Author: Sharie DeHart, QPA, co-founded Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on managing the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com

Jess Mah was listening to my interviews when I first connected with her, just like you are now. We got to know each other and I invested in her first startup, indinero. It aimed to take on Quickbooks, before pivoting to bookkeeping services. After watching her grow as an entrepreneur and pilot, we lost touch for years. We recently reconnected and I learned she’s now the founder of Mahway, which launches companies with moonshot ambitions. Jess Mah is the founder of indinero, the tax, financial and bookkeeping company, and of Mahway, a venture builder that aims to create innovative, industry-changing, billion-dollar businesses that improve the world. Sponsored byGusto – The cloud-based payroll, benefits, and human resource management software Mixergy interviewees use. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint

Alicia and Hector dive into several new features in QBO including easier payroll mapping, balance sheet budgeting, and using the cashflow planner. They also speculate what new features might be announced at QuickBooks Connect 2024.SponsorsLiveFlow - https://uqb.promo/liveflowTimesheets.com- https://uqb.promo/timesheetsOnPay - https://uqb.promo/onpay (00:00) - The Unofficial QuickBooks Accountants Podcast Episode 11 (05:58) - Payroll item mapping updates (08:11) - Budgets for balance sheets (16:00) - Cashflow planning discussion (30:18) - Back to balance sheet budgets (32:58) - Workflow run history (35:57) - Payroll local tax default frequency Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode: Hector's App - RightTool www.righttool.app Alicia's Training - RoyalWise http://royl.ws/uqapodcast QuickBooks Connect Conference:www.quickbooksconnect.com Firm of the Future: www.firmofthefuture.com

Ever felt lost in the maze of small business bookkeeping? Don't fret! We've got you covered as we sit down with Serena Shoup, a seasoned CPA and owner of a bookkeeping firm, to simplify the world of bookkeeping. Serena unravels the often-confusing role of a bookkeeper, helps you determine if your business needs one, and offers insights on the varying budget levels for bookkeeping services. If the thought of managing your own books feels like an uphill battle, stay tuned, as Serena shares a valuable lifeline - the benefits of a consult appointment with a bookkeeper.As we venture further into the episode, we tackle a crucial decision every small business owner must face: choosing the right bookkeeper and accounting software. It's not just about picking any bookkeeper, but someone who truly understands your business and can be a perfect fit. We also compare two popular accounting software programs - QuickBooks and Zero, and even dish out tips on managing physical documents. Moving on, Serena clarifies the distinct roles of a bookkeeper, an accountant, and a tax preparer, advising you on how to pick the right one. And just when you thought it couldn't get better, Serena shares a nugget of wisdom on the absolute worst thing to do when receiving a letter from the IRS. This episode is brimming with expert insights and practical advice, so don't miss out!

Translating new technology into the sometimes slow to change world of accounting and finance takes a fair amount of passion to overcome established practices and generation skepticism. Jesse Rubenfeld and Tom Zehentner of FinOptimal are an example of a new crop of entrepreneurs trying to move the industry in the right direction. In this episode of the podcast Tom and Jesse discuss their passion for automation, their love hate relationship with Quickbooks and how to have a startup mindset in accounting. As you will hear, we began the conversation after a few technology missteps of our own. Special Guests: Jesse Rubenfeld and Tom Zehentner.

Why Knowing Your Key Business Numbers Can Feel Empowering   Are you paying attention to the numbers that make a difference in building your online, profitable business?    CPA and bookkeeping expert Serena Shoup is on the podcast to highlight what it means to be a Profit Conscious CEO and the four numbers that matter when it comes to making the wisest business decisions.    Talking numbers may not be as exciting as receiving the ping of every sale alert, but the bottom line matters as you're growing a sustainable business.    Serena Shoup doesn't think of herself as a numbers “nerd,” and she loves translating numbers in a way everyone can understand. Serena is our expert guest on the podcast this week.    You'll learn the four key numbers you need to know and compare each month to become more conscious of profit in a way that's relaxed but strategic.   Listen in to understand the ideal way to: ✔️ Track revenue streams to make the best strategic decisions. ✔️ Evaluate your numbers over time to ensure you're growing your profit. ✔️ Know when you need the lift of accounting software. ✔️ Recognize when you need to dig in or change up offers. Even if numbers aren't your area of expertise, you'll feel empowered by this episode! Listen in here.   Resources to Help You Build Your Course & Business * VIP Half https://coursecreationboutique.com/intensives * Your Game Plan for Building a Wildly Successful Online Course https://coursecreationboutique.com/gameplan * Get Your Starter Course Out to Market in 6 Weeks https://coursecreationboutique.com/sixweeks * High-Touch Done-for-You Services: https://coursecreationboutique.com/course    

Have you been considering how you can effectively employ part-time and full-time clinicians in your practice?  In this episode, I delve into the benefits and challenges of hiring part-time and full-time clinicians. I share my personal experience of starting my practice with part-time clinicians and how it has impacted work-life balance expectations. Join me to learn more about: The importance of considering factors such as workplace culture, income, benefits, burnout, and personal fulfillment when employing clinicians. The shift in work-life balance expectations due to COVID-19 and how it has influenced the trend of more people seeking part-time employment. The benefits of offering part-time options, such as attracting a wider pool of talent and providing flexibility for clinicians. The challenges of managing schedules and maintaining consistency in client care with part-time clinicians. The importance of maintaining transparency with staff about the impact of offering part-time options.   Employing part-time and full-time clinicians in your practice can bring both benefits and challenges. By carefully considering factors such as workplace culture and maintaining transparency with staff, you can create a balanced and fulfilling work environment for your clinicians. Connect with Maureen Werrbach & The Group Practice Exchange: Website Facebook Instagram LinkedIn   This episode is sponsored by TherapyNotes. TherapyNotes is an EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. I use TherapyNotes in my own group practice and love its amazing support team, billing features, and scheduling capabilities. It serves us well as a large group practice owner. Do you ever wish for a financial therapist who could relieve you from the last few months of bookkeeping, talk you off the edge when you're running into issues with Quickbooks, or help you work through a profit plan for growth? GreenOak Accounting does just that! GreenOak Accounting is an accounting firm that specializes in working with group practices. Their value goes WAY beyond bookkeeping; they can help you get on track for financial success. Schedule a free consultation by going to http://greenoakaccounting.com/tgpe

Stephanie Folahan is a dedicated and accomplished professional with a rich history in the field of accounting and finance. As the CEO of Premier Accounting and Tax, Stephanie has made it her life's work to provide essential financial services to both individuals and small businesses. With a true passion for helping clients manage their financial affairs, Stephanie's expertise, experience, and unwavering commitment set her apart as a leader in her industry.Stephanie brings to the table nearly two decades of professional accounting and financial experience, making her a seasoned expert in the field. Her journey in finance began with a diploma in Accounting and Payroll, obtained during her college years. This academic foundation laid the groundwork for her impressive career.Early in her career, Stephanie spent five years as a Tax Preparation Specialist at H&R Block, honing her skills in the intricate world of tax preparation. This experience allowed her to develop an intimate understanding of tax regulations, which continues to serve as a valuable asset in her work today.Following her tenure at H&R Block, Stephanie transitioned to a role as a Senior Accountant at ABK Biomedical, where she spent another five years. This role broadened her expertise and proficiency, offering exposure to advanced financial principles and practices. Her work at ABK Biomedical further solidified her understanding of Generally Accepted Accounting Principles (GAAP) and enabled her to master essential financial software tools like MS Excel, QuickBooks, and Sage50.Stephanie's professional journey is underpinned by her unyielding dedication to assisting individuals and small businesses with their financial needs. Whether it involves taxes, accounting, or bookkeeping, Stephanie is devoted to providing timely, efficient, and supportive solutions to her clients. Her friendly, understanding demeanor and professional approach reassure clients that Premier Accounting & Tax Inc. is the ideal place to address their financial and accounting requirements.Outside of her professional endeavors, Stephanie is a loving mother of three and a devoted wife. Her ability to balance the demands of her career with her family responsibilities demonstrates her remarkable commitment to both her loved ones and her clients. Stephanie's passion for helping individuals and small companies with their financial affairs, combined with her extensive experience, makes her a respected and trusted figure in the world of accounting and taxation.

This Podcast Is Episode 548, And It's About The True Value Of Networking To Contractors And The Community The ability to network is a fundamental part of running a business. Running a business in isolation is difficult, so it helps to have expert partners and acquaintances available to share ideas with.   If you're looking to network with construction industry professionals, there are several ways to do so.   1. Attend industry events: Look for construction industry conferences, expos, and trade shows in your area. These events often have networking opportunities, such as meet-and-greets or after-hours social events.   Conferences are a way to actually meet in person, so the results can be hard to beat. Most conferences have time set aside for networking, allowing you to meet everyone in your niche. More work might involve getting to a conference, but the networking opportunities alone are often worth it. Best results can often be gained by creating a good impression in person, followed by an online contact.   2. Join industry organizations: There are many professional organizations for people in the construction industry, such as the National Association of Home Builders, the Associated General Contractors of America, and the Construction Management Association of America. Joining one of these organizations can give you access to networking events and other resources and benefits.   3. Connect on social media: LinkedIn is an excellent platform for connecting with other professionals in your industry. You can also join LinkedIn groups related to construction and participate in discussions to connect with others.   Podcasts are popular now, so you should consider creating one for your niche audience. Regarding networking, though, a podcast can introduce your personality to relevant experts. Getting an interview might be your priority, but you can get better results if they are tempted to contact you directly. Discussing important industry news and updates will be attractive to industry leaders who are passionate about their niche.   An interview will give you direct contact with an expert, allowing you to make an impression and promote their brand. You might not get every consultation you desire, but most experts seek ways to promote themselves and will oblige. If you can approach them with a credible website, there is a good chance you can get some of their time.   Social media is perfect for networking, mainly when people are open to communicating directly. If you find an active expert in your niche, respond to their questions or comments. By making good contributions, you will quickly be noticed.   4. Attend local business events: Many cities have local chambers of commerce or other business organizations that hold networking events. These can be a great way to meet other professionals in your area and make connections.    5. Volunteer or get involved in your community: Volunteering for a local charity or community organization can connect you with other professionals who share your values and interests. This can be a great way to make connections and build relationships.   When you get a chance, volunteer at your kid's school (or a local school if you don't have children of your own). They may need to make props for a school play or a quick paint job. This will open doors for you to meet parents and teachers who might need home service repair or remodeling.   Remember, networking is about building relationships, not just collecting business cards. Be genuine, be interested in others, and follow up with people after you meet them to continue the conversation.   There are all kinds of groups dedicated to networking. Some are highly structured with performance requirements, exclusive membership, and the payment of dues. Others are free form, come as you please, and no charge.   Not every group is suitable for every kind of business. You will find that some groups may not have connections in the market you are seeking to attract. You will find that some groups have rules that just don't fit with how your business works.   Yet one factor is often overlooked when considering a networking group: does this group offer more long-term or short-term value?   When focusing on short-term value, you see each group member only as a prospect. This limits the business potential of the group because you can't reach beyond the people in the room. If there are only 50 members, and 25 of them fit your prospect profile, what do you do once you have presented to all 25? You can either quit that group to start all over again with another group, or you can take a long-term value approach.   The long-term value of networking groups lies in building strong trusting relationships that will give you influence beyond the people in your immediate group.   Discover Needs   If you are like most people, you are already pretty clear about what you need. You may not be clear on what your business connections need. Do you know anyone who is a good prospect for them? Can you recommend or offer services that will help them? Find out what your contacts need and act to fulfill those needs.   Be generous   Stop looking at every person in your networking group as a potential sale. Especially early on, be more concerned about what you can give than what you can get from these meetings.   Give materially by sponsoring group events, donating to fundraising efforts, or bringing in some bagels for the meeting. Give your time and effort by contributing to a service position, or be free with great ideas and a welcoming smile.   Especially give liberally by helping others make valuable connections. If you can help one of your group members by introducing yourself, do it. If you are generous, the effort will come back to you.   Build trust   People seek out people they can trust. Cultivating trust takes time and effort, but is worth it. When it comes to business, trust is based on three factors:   Value – do you consistently bring value to the relationship?   Dependability – are you the real deal? Can you be depended upon?   Consistency – are you consistent over time? It is harder to develop trust if you are an occasional participant or just passing through.   Hold regular one-on-one meetings with group members. Get to know them, and they will get to know you.   Networking groups provide valuable business allies who can open doors and remove obstacles. Cultivate relationships instead of just asking for sales appointments. Because strong relationships build strong businesses over the long term, this is the most valuable approach to networking.   By implementing these methods, networking will become far more accessible. One of the problems with networking is the effort it can take for no results, but these methods all involve adding value. When an expert can see that you are being helpful first, making a connection becomes smoother.  All it requires is a few people with a reputation to support you, with this social proof adding to your status.   PS   We offer free resources to help you save time and money that you can download and print now.  About The Author: Sharie DeHart, QPA, co-founded Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on managing the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com  

I'm thrilled to share with you the highlights of my recent podcast episode where I had the pleasure of interviewing Jeri, the brain behind the innovative technology and software platform, Stratafolio.Stratafolio, a name symbolizing the different strata of an organization, is a game-changer for companies owning and managing commercial real estate. If you're a small to midsize business owner using QuickBooks and seeking a comprehensive solution for managing your retail, office, warehouse, or industrial properties, this episode is a must-listen!We delved into the importance of multi-year leases and lease escalations, a crucial aspect often overlooked, leading to lost revenue. Stratafolio is designed to keep track of these escalations, ensuring tenants are aware of any price increases or changes in the lease agreement.We also discussed the current, often inefficient, methods of managing leases, which typically involve spreadsheets and manual tracking. Stratafolio offers a standardized operating system that streamlines the process, reducing the risk of errors, especially when dealing with a large number of leases.Jeri shared her journey of identifying a need for portfolio performance tracking in the real estate industry, leading to the development of Stratafolio. Despite challenges, they've achieved significant milestones, managing over $6 billion in assets and serving customers across the United States and Canada.We touched on the challenges of being a woman in the tech and commercial real estate industries, the importance of customer feedback, and the role of their network in shaping their product.Looking ahead, Stratafolio is expanding to provide more benchmarking and data for owners to operate and react quickly to portfolio insights. They're targeting the small to midsize owner operators who make up a significant portion of the commercial real estate industry.We also discussed the importance of succession planning, a topic often overlooked but crucial for the continuity of businesses. Stratafolio can play a significant role in managing commercial real estate and ensuring a smooth transition during uncertain times.To learn more about Stratafolio, you can connect with Jeri through the company's website or contact her directly.I hope this episode sparks your curiosity and encourages you to explore innovative solutions like Stratafolio for managing your commercial real estate.Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg

Have you ever wondered how a young woman from a scarcity-ridden background can grow to become a successful entrepreneur and financial whizz? Meet Audrey Heesh, a testament to the power of resilience, determination, and a keen understanding of finance. Growing up with a single mom where scarcity was the norm, Audrey's relationship with money was molded early on. From a senior project enthusiast, concerned about the pitfalls of credit cards, she charted an inspiring journey to become an entrepreneur who now runs a successful bookkeeping and interim CFO company.We stride into the intricacies of launching a business, a world Audrey is all too familiar with. She emphasizes the need to understand finances right from the get-go, underlining the three essentials for every business owner: getting a business bank account, registering for a federal EIN, and keeping track of the flow of money. But beware, intertwining personal and business finances could lead to catastrophic outcomes. We also traverse the often-complex terrain of QuickBooks and the crucial role a professional bookkeeper plays in keeping your financials in order.But it's not all numbers and accounts, we also delve into the human aspect of entrepreneurship. The fear of the unknown, the anticipation of success, and the painstaking journey to wealth. Your host, John Mendez, concludes on an empowering note, reaffirming the importance of overcoming fear, taking decisive action, and finding the right support system to build wealth. Carry us with you on this enlightening journey, and let's walk towards wealth together. Audrey's journey is proof that with the right knowledge and action, transformation is within reach. Tune in and let's rewrite our financial narratives together.Connect With Audrey:Website: https://www.thegracefulpenny.comFacebook: https://www.facebook.com/groups/bookkeepingforsuccessInstagram: https://www.instagram.com/gracefulpenny/Support the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT

Today's episode is all about closing the sale! Tune in to hear more about why conversion beats more leads with Ryan Groth. Resources Mentioned: Time is running out! Are you eligible for the Employee Retention Credit (ERC)? Visit www.rpcfinancial.com to find out! Do you need help with your books? We have a certified Quickbooks pro who is waiting to help you! Email John or Dave or contact us on Instagram for more information! Connect with John DeLaurier:  www.calldrr.com, Instagram, and Facebook Connect with Dave via text message: (510) 612-1450 Let me know if you'd like to join one of our new Mastermind groups for contractors. Email me: dave@theroofershow.com or visit The Roofer Mastermind to sign up. Download my FREE 1-Page Business Plan template at www.theroofershow.com. Contact me about one-on-one coaching at www.theroofercoach.com. We need reviews of the podcast! Please leave a five-star review. It matters! Vetted Sponsors of the Roofer Show Check out the programs that will help you gain confidence in your sales process, become a better leader, and build a winning sales team at Salestransformationgroup.com/roofershow Tee up the sale and make a great first impression by having a friendly, professional receptionist answer your phone with Ruby Receptionists. Use this link for up to $150 off your first month's service! get.ruby.com/theroofercoach Be the modern-day contractor! We help you leverage technology to generate, organize, and maximize commercial roofing leads. Find out more about Peak Leads at Peakleads.io. Automate your systems and do follow-ups better! Check out ProLine and use promo code “Dave50” for 50% off your first month's service! Additional bonuses are available for the first 100 contractors who sign up for the newest version, which just launched on August 1, 2023!  

On today's episode of the podcast I talk about what you need to implement to get to six figures and beyond along with some hot takes. I want to note that when I say "beyond six figures" it's pretty arbitrary. You might need it at $50k or you might not need it at $50k, maybe you never aspire to be a six-figure business owner. That's okay. In Episode 195 of the podcast I shared why I feel $200,000 is the new six figures, though I could adjust that this year for inflation. It had to do with how if most of use are putting 25% towards taxes and 25% to business expenses, that's 50% so our gross revenue is $100k, our take home pay is $100k and if you have debt to pay off, want to buy a home, etc. that's around what you would need especially in more expensive cities. That being said, your finances are personal and I have friends who make a lot less and are very comfortable doing so. It's about living a happy lifestyle. Here are somethings you don't need when you start out as a business owner that I think are often hyped up I did crowd source this with some of my students on our group call. My student success specialist Connie said that for her business it's a CRM because she's doing ongoing work and not regularly onboarding clients so it's not worth the cost for her when she can send her invoices through Novo. Personally I feel like a CRM makes you look more professional, and will be something that you want if you are onboarding clients on a more regular basis, even just once a month. But it depends on your business. Currently I have email templates instead of automated emails that go out so I don't have to rewrite them every time until we've done it so many times we don't need to rewrite them. For me it's more of a time waste, for other business it's more of a cost waste where paying for the CRM isn't worth the money. Another student, Jean, said complicated funnels. I agree. This is more for my online course people who have freebies that lead to low ticket offers and create tripwires, etc. This only works at scale meaning a very small percentage will convert to the highest ticket thing. I have tried really hard to build great funnels and we have pretty decent traffic and we'll still get like two conversions a month for like a couple hundred people go into it every month. When you only have like two people go into your email list every month, spending time on a funnel doesn't make sense, they don't really work until you have clear messaging and you know what people want to buy. For me, something you shouldn't do until you're making five figures a month is hiring a integrator/online business manager. If you don't have a team, this project manager would just be making a to-do list for you. When you're new in business I see too often people think that one magic strategist, whether it's a social media manager or an ads manager or something else is going to get them the income they need but until you have the money and an understanding of your target audience and messaging, it won't be very helpful. On the flipside, here are some (non-tax) things you need starting out. - A good cash flow system. You need a system to figure out how you're going to save for taxes and pay yourself. - You need an onboarding system. Not necessarily a CRM but how to sign a contract, send an invoice, a welcome email template, etc. - A task list scheduler Here are some tax and legal things you need starting out. I talk about the legal layers of protection. I tell people the absolute essentials are: - A contract (you can get templates for this through out Contract Club at notavglaw.com/club) - Insurance - get an insurance agent for this - Simple bookkeeping - A spreadsheet is typically best, Quickbooks might be overkill starting out and a bookkeeper you don't need unless you come out of the gate hot with a lot of sales and expenses. - LLC - I recommend this early however in some states they are expensive so make sure you are invested in your business. If you're still dabbling and are unsure it's okay to hold off. Things I eventually recommend but not right when you start: - A tax accountant. If you want to hire someone to do your taxes then do that but the thing is you don't need to go hire an expensive tax strategist when you start (unless you're a high networth person with money coming from somewhere else) but a tax strategist can't help you make a lot of money. I don't discourage hiring a tax preparer starting out but there isn't anything super fancy you need to be doing there. - Trademarks - I used to say that you really didn't need one until you're more established but I've kind of back pedaled on that because especially if you come up with a unique brand you should try to stake ownership on that sooner rather than later but if nothing else you should try to secure intellectual property protections as soon as you become really known for any kind of branding. Once you're approaching six-figures and beyond, what do you need? - My hot take is by the time you're making a few thousand dollars a month you probably need a contractor, a virtual assistant of some kind if you're starting to get bogged down by small tasks. While this may sound like a luxury, they can take the small tasks off your plate so that you can do more with less. Having the space and time to think about the future of your business is mental clarity and a money making idea or cost savings can come out of that ideation time. - Think about an S Corp or higher level business entity strategy that can save you taxes. - You need to commit to a more serious cash flow system now. Improve your spreadsheet system or move to Quickbooks or hire a bookkeeper which I think tends to happen toward the multi-six figures. - It may be time to hire a tax strategist who can give you the basics. It's hard to put a dollar amount on it but depending on your busines model you probably need to start hiring employees around the $150,000 amount because like it or not, a lot of the stuff people like to hire independent contractors for are tasks that independent contractors should legally not be doing. If you're unsure if someone should be an employee or a contractor, check out our Contractor Classification Cheat Sheet at notavglaw.com/cheatsheet. - Join our legal subscription. Having an attorney on demand is great for just $200/month once you're making six figures, but that's overkill most likely if you're just starting out. I want you to keep in mind when I throw these numbers out that there's another big variable we need to keep in mind and that's how busy you are and how much money you have and what your time is valued at. For example, are you fresh out of college and should be spending time DIY-ing or do you have $50,000 saved from a corporate job over the last 20 years? Every scenario in business has asterisks and vary person to person. If you're on Threads, tag me at @notavglaw and tell me what you thought about the episode.

Hector and Alicia dive into the details of Intuit's new QuickBooks Bill Pay feature, including the different subscription tiers, how it integrates with 1099 filing, and what it means for your accounting workflows.SponsorsLiveFlow - https://uqb.promo/liveflow Keeper - https://uqb.promo/keeper OnPay - https://uqb.promo/onpay (00:00) - Welcome To The Unofficial QuickBooks Accountants Podcast (02:04) - QuickBooks Bill Pay Launch (03:04) - Bill.com, Melio, QB Bill Pay Differences (04:49) - QB Bill Pay Pricing & Features (09:32) - QB Bill Pay & 1099s (15:38) - 1099 Filing Requirements (20:00) - Getting 1099s Without Bill Pay (27:06) - Improvements to QB 1099 System (31:18) - 1099 Charges for Accountants Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode: Hector's App - RightTool www.righttool.app Alicia's Training - RoyalWise http://royl.ws/uqapodcast QuickBooks Connect Conference:www.quickbooksconnect.com Firm of the Future: www.firmofthefuture.com

An independent audit reveals over $1.4 billion in questionable spending and lack of financial oversight at Maryland's Health Department during the COVID pandemic. We break down the audit's alarming findings, and the response from state officials committed to improving financial practices.Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Do you want to enhance your financial management and make better business decisions? Are you looking for a way to achieve improved outcomes for your small business? Join us as our guest Tania Pacheco shares how you can attain these desired results. Discover how effective bookkeeping can contribute to your success and empower you to navigate the financial landscape with confidence. My special guest is Tania Pacheco. Tania Pacheco is the founder of TP Bookkeeping, a strategic bookkeeping firm that works with creative agencies and consulting firms. With a background in corporate accounting, Tania brings a wealth of experience and expertise to her role. Since starting TP Bookkeeping in late 2018, Tania has steadily grown her client base, now serving over 50 monthly clients. Her dedication to providing amazing service is evident in her impressive retention rate. Tania's strategic approach to growth and her commitment to building long-term partnerships with her clients have been key factors in the success of TP Bookkeeping. With Tania's guidance and knowledge, small business owners and entrepreneurs can gain valuable insights into financial management and make informed decisions to drive their businesses forward. Know your worth, know your worth. Whatever that is, you need to know it. - Tania Pacheco In this episode, you will be able to: Discover the importance of bookkeeping in making informed financial decisions for your business. Understand the different roles of bookkeepers, accountants, and CPAs, and how each contributes to the success of your business. Determine the level of involvement you need from a bookkeeper and learn how to tailor their services to meet your specific needs. Streamline your business finances with accurate and detailed bookkeeping. Importance of Bookkeeping in Financial Management Bookkeeping plays an invaluable role in the effective management of an enterprise's finances. It provides a clear, comprehensive understanding of business health, helping owners make informed decisions. Tania Pacheco underscores the need for strategic bookkeeping, enabling businesses to accurately analyze data and establish solid financial foundations. Roles of Bookkeepers, Accountants, and CPAs Bookkeepers, accountants, and Certified Public Accountants (CPAs) are vital in business financial management, yet they each offer distinct expertise. Tania expertly outlines these roles, noting bookkeepers diligently organize financial data while accountants analyze it for actionable insights. CPAs, specializing in tax preparation, ensure businesses comply with tax laws. Tailored Level of Involvement  The level of involvement a business owner maintains with their bookkeeping services can depend on individual preferences, as stated by Tania. Some prefer constant communication via platforms like Slack or Voxer, while others favor a hands-off approach. A tailored experience enables each business to receive services aligned with their expectations. Pricing and Organization for Bookkeeping Services Tania explains the pricing structure at TP Bookkeeping, and how most clients are on a monthly retainer for regular tasks. In her words, bookkeepers are innately organized, employing tools like Asana, HoneyBook, and QuickBooks for client management. Organized processes help ensure the smooth and efficient delivery of bookkeeping services The resources mentioned in this episode are: Visit TP Bookkeeping's website to learn more about their services and how they can help with your bookkeeping needs. Schedule a consultation with Tania Pacheco to discuss your specific bookkeeping requirements and receive personalized advice. Follow TP Bookkeeping on social media for helpful tips and insights on bookkeeping best practices. Connect with your host: I would love to hear how this helped you! Comment on this episode's Instagram post and share how this inspired you. If you have any other tips or ideas leave a comment under the post for this episode on our Instagram page @quotablemediaco or shoot me a DM. You can also connect with us at our Quotable Magazine Instagram account @quotablemagazine For any show ideas, to submit a guest to the podcast, or if you have any questions, please visit https://quotablemediaco.com/podcast. Connect with Tania: Email/contact: tania@tpbookkeeping.com Social links: https://instagram.com/tpbookkeeping Website: https://www.tpbookkeeping.com

A former Vegas hotel manager is accused of stealing over $773,000 in guest refunds and using the money to live lavishly. We unpack how he allegedly pulled off the massive refund scam and what could have been done to catch it sooner.Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page