Think bookkeeping is all work and no play? It’s true that accounting doesn’t always make the biggest splash when it comes to exciting careers, but you might just find yourself delightfully surprised by the rather unexpected side of this industry.
Here are 5 fun facts to keep you entertained the next time you sit down to tackle your own small business bookkeeping.
Intentions are defined as: “to have in mind a purpose or plan, to direct the mind, to aim.” Lacking intention, we sometimes stray without meaning or direction. But with it, all the forces of the universe can align to make even the most impossible, possible. Your intentions will assist you in taking greater control of your life.
State your intentions
When you have a vague idea about what you’d maybe like to accomplish, then the best you can hope for is to maybe move in the same general direction that you think you want to go. Instead of being tentative and vague, be confident and clear. It is amazing how much power and strength you can give to your efforts just by making it clear what results you intend to accomplish. You can literally feel that power the moment you confidently and positively state your intentions.
As a business owner, it’s natural to want to oversee every aspect of your business yourself. But even the savviest business owners make mistakes, especially when it comes to bookkeeping. There’s no question that maintaining accurate financials is a fundamental part of doing good business. Being aware of the most common bookkeeping mistakes can save you from sloppy financials, unnecessary stress, and potential penalties.
Here are the top bookkeeping mistakes made by small businesses:
When you’re operating an online business, running a bakery, an interior decorating practice, or a restaurant, a tornado, earthquake or hurricane may seem like the last of your worries.
Living in earthquake and wildfire country I am constantly reminded that an effective business emergency disaster planning will make all the difference when disaster does strike.