Latest Posts and Articles
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How to Separate Business and Personal Finances Like a Pro
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Starting a business is exciting, nerve-wracking, and—let’s be honest—a little bit chaotic at times. As a fellow business owner, I’ve been there, done that, and learned a lot of things the hard way. One of the first and most important lessons I picked up? Keeping your business and personal finances separate is non-negotiable. Let me…
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The Most Common Bookkeeping Mistakes and How to Avoid Them
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Running a small business is a whirlwind. Between managing customers, marketing, and actually doing the work you love, bookkeeping can feel like an afterthought—until tax season rolls around and you’re knee-deep in receipts, wondering where all your money went. Trust me, I’ve seen it all. As a seasoned bookkeeper, I’ve worked with business owners who’ve…
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Creating a Chart of Accounts for Your Small Business
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Starting a small business is exciting, but let’s be honest—keeping track of your finances can feel like learning a foreign language. If you’ve ever stared at your accounting software, wondering what on earth a “Chart of Accounts” is, you’re not alone. Good news! I’m here to break it down for you in plain English. By…
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Understanding the Three Essential Financial Statements (P&L, Balance Sheet, Cash Flow)
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Hey there, fellow business owner! If you’re just starting out or looking to get a better handle on your company’s finances, you’ve come to the right place. After years of running my own small business, I’ve learned that understanding your financial statements isn’t just for the accountants—it’s essential for your success. Let’s dive into the…
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How to Set Up a Bookkeeping System for Your Small Business
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So, You Started a Small Business. Now What? You had a dream, you took the leap, and now you’re officially a small business owner. That’s huge!! But along with the excitement comes the not-so-glamorous side of running a business – keeping track of your money. Maybe you’re still tracking expenses on sticky notes (yikes), or…
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Bookkeeping vs. Accounting: What’s the Difference?
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Imagine your business’s finances as a well-organized closet (stay with me here). Bookkeeping is like putting everything in its right place—hanging up clothes, folding sweaters, and making sure socks aren’t floating around solo. Accounting, on the other hand, is analyzing that closet to decide what stays, what goes, and whether you need more storage space.…
