Bookkeeping: Foundation of Success

Event Details

Benefits of Good Bookkeeping

Discuss how well-organized financial records serve as the foundation of success – solid financial records open the door for funding and give you an idea of where you stand

Explain the direct impact on business owner’s bottom line – only having recordkeeping done once per year as a part of tax means that business owners are making decisions on outdated information

Benefits of Good Bookkeeping:

Helps with cash flow – make decisions for your business based on what you have available for use, not just what is in the bank

Knowing if your income is up or down month to month or year over year can help plan for cyclical events in your business such as a busy season

Allows you to work with a CPA to do tax planning so that there are no surprises in April each year

Instructor: Holly Morton, owner of Accrual Mistress Bookkeeping & Consulting

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“The Women’s Business Center is funded in part by the U.S. Small Business Administration”