Are you looking to improve the overall health of your business? Consider the following:
- Choose 3 main ways you make money and focus on what you do best. What are the driving factors? Focus on those! Work on your business - Not in it!
- Limit the number of accounts in your accounting records, so you can better understand your financial statements. Challenge yourself to choose only 20 expense categories to use. This will be difficult, but will help you identify the most important accounts!
- Keep your business accounts separate from your personal accounts (bank, credit card, etc). You'll have much cleaner records!
- Do you have phenomenal bookkeeping records? Great! Now what? As a business owner, you should be reviewing your financial statements at least quarterly! Take a peek - if you don't quite understand what you are looking at, ask for help! Call Balanced Books and we'll walk you through it!
- Check out bizstats.com for FREE business statistics and financial ratios to see how your business compares to others in your industry.
Check back regularly for updates! We frequently find cool things and can't wait to share them!
An in depth look at payroll, including:
- Wages & Hours Defined
- 2016 Payroll Tax Rates
- Depository Requirements
- Summary of Employer Responsibilities
- Required Employment Postings
- Independent Contractor Guidelines
Balanced Books, LLP: Useful Tools
Easily calculate paychecks using this payroll calculator.
In need of some accounting templates, guides, or maybe just a refresher on payroll rules? No problem! We've got you covered! See below for tools we've created ourselves or discovered along our journey of bookkeeping bliss.
You're Welcome! Need more help? Just ask!
"Awesomeness. That’s what Balanced Books provides. Crystal and her team at Balanced Books provide so much more value than the run-of-the-mill bookkeeping services we’ve used in the past. They’ve taken the time to learn the IT Services industry, so they can tailor their services to our needs. Our financial review meetings are always fun and insightful, and have become one of the most necessary aspects of our business. We absolutely love working with Balanced Books and often recommend them to others."- Jared Krick, Layer 3 IT
Helpful chart from QB to determine what software you need!
Use this spreadsheet to track business revenue & expenses.
Great layout Shred-it! We love it!