Bookkeepers: What you need to know about legal entities and owner compensation
Are you ready to take your bookkeeping knowledge to the next level? As bookkeepers, our clients come in an assorted variety of legal entities. Legal entities and owner compensation might not sound like the most exciting topic, but trust me, it’s essential knowledge for any bookkeeper looking to grow, gain confidence, or tackle clean-up projects. Understanding your client’s legal entity and how they should be compensated can make a world of difference in your work with US clients. Today I’ll help explain the different tax forms and compensation methods for each type of legal entity, including Sole Proprietorships, LLCs, S Corporations, Partnerships, and C Corporations.So keep reading or click the video below to hear my insights for bookkeepers: what you need to know about legal entities and owner compensation.
How to gain confidence as a new bookkeeper
Does this sound familiar? You’re starting a bookkeeping business or recently got started as a bookkeeper and you're struggling with self-doubt and lack of confidence. If so, you’re not alone. It’s normal to have fears about the future. I can empathize because I have been there, frozen with fear and scared out of my mind when I first started my virtual bookkeeping business. But don’t worry, there is hope. If you’re looking for some practical advice to overcome your fears and self-doubt as a bookkeeper, keep reading or click on the video linked below where I'll share my top 4 tips with you on how to gain confidence as a bookkeeper.
5 Reasons why every bookkeeper should stop charging by the hour
When it comes to pricing their services, most new bookkeepers start off with charging their clients by the hour. I certainly did that in the early days of my bookkeeping business too. But one of the best things that I did to grow my business was to move away from hourly billing to pricing all services upfront for my clients instead. If you’re still charging clients by the hour, I’d love to share my insights and experience with you from my own pricing journey. Keep reading or watch the video linked below to hear my top 5 reasons why every bookkeeper should stop charging by the hour.
Paid diagnostic review: Every bookkeeper’s weapon for taking on a big QuickBooks Online cleanup
Knocking out a big QuickBooks Online cleanup project requires the right preparation, tools, and strategy. Imagine if a boxer were to walk into the ring unprepared, without a strategy or the tools to take on their opponent - they would most likely lose the fight. Are you facing the challenge of a messy QuickBooks Online cleanup project, and want to triumph? Keep reading to learn about the paid diagnostic review: every bookkeeper's weapon for taking on a big QuickBooks Online cleanup project.
The biggest pricing mistakes I have made in my bookkeeping business
Are you struggling with pricing your bookkeeping services? Pricing is not easy, and in fact, it can evoke a lot of negative emotions, including fear and anxiety. It was certainly one of the areas that I struggled with the most while growing my virtual bookkeeping business. Although it was tough at times, I learned so much through the process. Would you like to skip past the trial and error and get straight to the good part? Keep reading, and I'll share the biggest pricing mistakes that I have made in my bookkeeping business, and the very valuable lessons that I have learned.
My biggest lessons learned after doing hundreds of QuickBooks Online cleanups
Are you taking on a QuickBooks Online cleanup and looking for some helpful tips? After doing hundreds of QuickBooks Online cleanup projects, I have pretty much seen it all by now. I have made my share of mistakes, but I have certainly learned a lot of valuable lessons along the way. Every cleanup has it’s own unique challenges, but there are some key factors to help set you up for success from the start. Keep reading to find out my biggest lessons learned after doing hundreds of QuickBooks Online cleanups, and see how they can help you.