Hi. My name is Richard Bolen. I’m a retired certified public accountant who wants to reach out and hopefully provide small business owners with some valuable information. It’s interesting how when I was working, I was so busy working that I didn't see the magnitude of the need for small business owners to outsource some of their financial recording to accountants. Sure come tax time I would see that mess some businesses presented to me and I would spend hours trying to make sense of it all. However, again, I was so busy working that I didn't zero in on the need. So now I’m going to spend some time sharing what accountants and their staff can offer you, the small businessman or woman. Trust me, if you don’t have a knack for bookkeeping, you will be much happier once you read this.
Posted on: 14 March 2022
Does your business keep petty cash? If not, you may be missing out on a way to simplify your bookkeeping, ensure all expenses are recorded, and provide convenience for all. To help you decide if and how to maintain petty cash, here's what you need to know about it. What Is Petty Cash? A petty cash fund is simply a small amount of cash kept on hand by a business for one-time uses. [Read More]
Posted on: 8 February 2022
Bookkeeping is a skill that most entrepreneurs must learn on the job, and this can make some of its concepts seem even harder to learn and apply in the business's real-life books. One such concept is that of debits and credits. While most small business owners don't need to know the nitty-gritty of recording debit and credit transactions, understanding the basics will help you understand your own finances. Here's a short guide to help you get started. [Read More]
Posted on: 30 November 2021
Running a clinic that offers a variety of health services to patients often requires storing a substantial number of documents. Without keeping records, it can be difficult to provide health services to patients in a safe and speedy manner. For example, each time a patient visits the clinic, their medical condition would have to be discussed to determine what they are being treated for. Fortunately, it is common for medical clinics to keep folders in a filing cabinet that keeps track of each patient that has been treated at the facility. [Read More]
Posted on: 22 October 2021
As a business owner, you are constantly wondering whether there are better ways to run your business, improve your profit margins, avoid compliance problems, and keep your employees happy. While you might think that you are good in almost every business operation, some tasks are best left to professionals. If you want to improve business operations, here are some signs you need to outsource payroll services. 1. You Spend Too Much Time on Payroll Tasks [Read More]