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.
At some point, your small business may become unprofitable. Maybe not overall, but during a month or a small period of time, you will most likely post a loss.
That can be a stressful situation for a small business owner. When your business is unprofitable, you have a decision to make: give up or proceed.
When your business is unprofitable, here is how you can proceed with confidence.
Are you working really long hours in your small business? Do you have a long to-do list that just keeps getting longer? Does 5pm come you find yourself thinking, “Where did the day go? What did I even accomplish today?”
If you answered yes to any of those questions, you are not alone as a small business owner. It can be tough juggling everything that needs to get done in your business.
If you analyze what you are actually working on in your small business, you may find that you are working on all of the wrong things.
So instead of focusing on working as many hours as possible, try focusing on working more efficiently and effectively. Here are some tips below: