Keeping business and personal separate is essential, not only because it helps you keep better records, but because it also reduces your personal risk as a small business owner. Picture this: It’s 6 months from now and a client of yours is unhappy with your service, so they file a complaint. You brush it off […]

Banking, Bookkeeping, Small Business Tips

August 28, 2023

Why You Need a Business Bank Account

What’s the difference between these two valuable partners? Do you need both? There’s a laundry list of financial partners out there; some I bet you’ve never heard of: financial planner, accountant, CPA, enrolled agent, bookkeeper, CFO, controller. The list certainly goes on, but my point is there’s no wonder we’re confused about who does what. […]

Bookkeeping, Small Business Tips

July 16, 2023

Bookkeeper Vs. Accountant?

Let’s answer a basic, but SO VERY important question for every. single. small business owner. What is bookkeeping? We’ll start with the obligatory, boring, definition. Shockingly, Merriam-Webster only defines a bookkeeper, but lacks a definition for the task of bookkeeping. Bookkeeper: a person who records the accounts or transactions of a business. We can pretty […]

Bookkeeping, Small Business Tips

June 29, 2023

What is bookkeeping and is it important?