Freelance Bookkeepers – Are You Missing This Crucial Element to Delegating Effectively?

Great leaders are great delegators. Any person in authority knows that you can’t simply say, “Do this job” and expect it to be done like you want it. Since you, as a freelance bookkeeper, are asking a completely different personality to do the work, they’re going to use their knowledge and skills to accomplish the task. If your team member, such as another bookkeeper or virtual assistant, doesn’t possess your same level of expertise, the job isn’t going to be done to your standards. If you don’t instruct your team member in detail, it isn’t his or her fault that … Continue reading

5 Reasons Freelance Bookkeepers Shouldn’t Be Afraid of E-Accounting

Not too many years ago, bookkeepers had to make the nerve-wracking change from the hand-written ledgers to entering data into a computer.  Some were afraid, while others willingly embraced it, quickly seeing the advantages, and prospered. Freelance bookkeepers today are facing another business-changing decision.  Will you embrace new technology and take your freelance bookkeeping business into the internet cloud?  Or are you going to fight this change because you fear the unknown? When you’re not a techie, it’s normal to feel nervous about new things. So, here are some impressive things about e-accounting that may help you embrace this new … Continue reading

Diary of a Bad, Bad Bookkeeper (Day 30) – The Double Payday Scam

Dear Diary, Today was payday – the second since I’ve been here.  I figured it was about time to test the Double Payday Scam – to see if my boss would actually catch me. So, I started the day by doing the .  Just like two weeks ago, I created and took all of the paychecks to the boss to sign.  He signed them, with only the occasional request to see a corresponding timecard…then he signed mine without question. I took the back to my office and set mine aside.  Then, I printed up another paycheck that I took back … Continue reading

5 Reasons Savvy Bookkeepers Love Their Mastermind Group

Napoleon Hill reveals in his timeless classic, “Think And Grow Rich”, that Andrew Carnegie, one of the world’s foremost industrialists, attributed his entire fortune to his mastermind group.  He had about 50 men that concentrated on manufacturing and marketing steel.  The laser sharp focus of those minds sparking off of each other grew an enormous industry that made Andrew Carnegie rich and changed the world forever. He knew the secret power that a person only gets when other minds are consulted.  As the saying goes, two minds are better than one.  That’s especially important for owners of a freelance bookkeeping … Continue reading

Why do Employees Steal?

Why Do Employees Steal From Their Employers? There are as many reasons as there are ways.  Here are just a few: People sometimes steal because they need the money to cover extraordinary expenses (such as medical or legal bills) Because they need extra money they don’t have (to pay debts or support a gambling ‘addiction’). Some employees steal because they are dissatisfied with their job or their  boss and they believe they ‘deserve’ more than  they’re getting – more pay, more time off, better treatment – whatever.  Stealing is a way for dissatisfied employees to ‘even the score’. Some embezzlers … Continue reading