One SBO’s Tale of Bookkeeper Theft

Kenneth Reid is an accountant with over 25 years experience. His blog – http://mastertype.blogspot.com – contains mostly income tax tips, but also contains some accounting and/or bookkeeping tips. During “tax season”, his blog will contain more tax tips than anything else. The rest of the year, his blog contains a combination of tax tips, accounting and bookkeeping tips, including some tips related to . _______________________________________________________________________________________ I had a client who went through a very difficult period of time a number of years ago due to a bookkeeper (and a few other employees) who were literally robbing the business blind. The … Continue reading

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

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

The Wedding Business and Me

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The following article is from one of the smartest women I know, Jill Bensley of JB Research.  The amount of information this woman knows is mind-blowing, and she literally taught me everything I know about Market Research.  In a nutshell, she is MY Business Guru.  She doesn’t blog often, but when she does, she often shares some fantastic information and sometimes “hard numbers.”  This article is evidence of that.  Check it out.  And if you’re smart, you may want to subscribe to her feed.  ********************************************************************************** The Wedding Business and Me | JB Research – Good to Know. As we roll … Continue reading