The bank account is lower than expected. Payroll is coming up, and cash feels tight. A tax bill shows up that nobody planned for. Profit at the end of the quarter doesn’t match how busy the business felt. That’s usually when the reports come out. Not before the decision. After it. Looking Back Versus Looking […]
Category Archives: Bookkeeping
21
Jul
Jul
Many business owners do not realize how often they look at the numbers too late. The reports come in at the end of the month. Sometimes even later. You finally sit down to look everything over and realize something does not look right. Costs were higher than you thought. The bank account is lower than […]
10
Jun
Jun
A lot of business owners look at their financial reports and still think: “I’m not totally sure what I should be looking at.” They are being proactive about looking at the numbers, but still feel unsure. Having access to the numbers and understanding what they are actually saying are two different things. That’s where many […]
21
May
May
Early on, I thought clean books were the goal. I remember the feeling I would get when everything was tied out: all accounts reconciled, all transactions categorized properly, everything clean. Like I had done the job right. And for a while, I believed that was the finish line. A lot of business owners still believe […]
17
Mar
Mar
When you hear the phrase internal controls, it might sound like something reserved for corporate giants with entire departments dedicated to accounting. But here’s the truth: internal controls are just as important for small businesses. Why? Because in a small business, the margin for error is tighter. A little mistake (or worse, a bit of […]
06
Jan
Jan
When you first started your business, bookkeeping was simple. You tracked income, paid bills, and kept receipts. That system worked effectively for a while. But as construction businesses grow, basic bookkeeping often can’t keep up with real-world decisions, and that’s when frustration starts to build. When this happens, it usually means you have outgrown basic […]
16
Sep
Sep
Bookkeeping is more than it used to be. Recording transactions and reconciling accounts are important, but is simply looking backward enough to help your business grow? More than 15 years ago, I selected Beyond Balanced Books as our business name. I was ready to take a leap into uncharted territory, to go beyond traditional bookkeeping […]
19
Aug
Aug
Ever feel like running your business means wearing every hat? In a single day, you may go from visionary leader to late-night customer service rep to part-time accountant. You don’t have to handle your finances alone. Building a financial team with both a bookkeeper and a Certified Public Accountant (CPA) can save you time, reduce […]
05
Aug
Aug
In construction, cash is king. Whether you’re waiting on client payments, investing in new equipment, or ramping up for a big project, access to capital can be the difference between growth and grinding to a halt. But should your construction company apply for a business loan? It depends. In this blog, we will discuss which […]
Bookkeeping, Cash Flow, Construction
Mastering Change Orders: Five Best Practices for Custom Home Builders
22
Jul
Jul
In the world of custom home building, change is inevitable. From a homeowner’s evolving vision to unexpected site discoveries, the way you handle change orders can make or break a project. Get ahead of the curve with these five time-tested best practices designed to keep your builds on schedule, on budget, and your clients smiling […]