Carlsbad Bookkeeping Blog

What Is Cash Flow?

Cash flow is basically the money that is moving in and out of your business in a given month. Think of it as a window into your business checking account. If more money is coming in than is going out, you are in a "positive cash flow" situation and you have enough to pay your bills, employees, advertising...etc.

DIY Bookkeeping & Accounting

Bookkeeping and accounting are two of the most important ongoing tasks for any business owner, and it should not be a do-it-yourself endeavor. You want your business to grow, in order to do so you need to delegate certain aspects of running your business to qualified individuals you trust to do their jobs.

3 Financial Mistakes That Are Hurting Your Business

As a local business owner you want to ensure you're doing everything possible to maximize profit & minimize loss. Financial mistakes can impact your business in the near & long-term, in order to prevent them you need to understand what the potential mistakes are, and how to avoid making them in the first place.

The Basics of Payroll Management

Maybe you have a team of twenty, or maybe you just hired your first employee, either way, you know how important it is to make sure your employees actually get paid. If you’re not familiar with payroll management, you'll quickly find yourself searching for answers. Payroll management comes with an entirely different learning curve than say

Bookkeeping Costs for Your Business

Not to answer a question with another question, but how much is it costing your business by not having a dedicated bookkeeper? Bookkeeping costs depend on a number of factors, whether you're running a neighborhood restaurant or a multi-national conglomerate. When first starting out, many small businesses require the basic bookkeeping services such as paying bills (accounts payable), collecting accounts receivable, recording

Why Do Businesses Outsource Bookkeeping?

As a lifelong Carlsbad resident, I often first meet a lot of our bookkeeping clients at their place of business. Most business owners we talk with are looking to outsource their bookkeeping because they simply don't have time to do everything. Running a business is hard work, you wear many hats every single day, we know - which is one reason why you need to outsource your bookkeeping.

Organizing Your Business for Tax Season

The start of a new calendar year is a great time to organize your business for tax season. There's a saying that's been applied to both sports & business - and especially taxes...proper previous preparation prevents poor performance.  Organizing your business for tax season means taking the time to develop a plan by amassing the essential documents