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Tips from TAP – 5 Ways Bookkeeping Helps Your Business – part 2

5. Thinking strategically: Strategic thinking is where you go from a bootstrapping entrepreneur to a true business. Good bookkeeping doesn’t do that for you, but it provides financial reports that allow you to take a moment out of the day-to-day and be the CEO. Without good bookkeeping, you are always reacting and looking backwards. That … Continue reading Tips from TAP – 5 Ways Bookkeeping Helps Your Business – part 2

Tips from TAP – Common Accounting Mistakes in Small Businesses – part 1

Bookkeeping in your small business doesn’t just involve keeping the books for tax purposes, but it is also an important device for saving money and identifying waste, fraud and theft. Organization In accounting, organization is critical. That means keeping receipts for all expenditures, using business credit or debit cards for expenses, keeping the books up-to-date, … Continue reading Tips from TAP – Common Accounting Mistakes in Small Businesses – part 1