How to work ON your business, not just IN your business

How to work ON your business, not just IN your business

We’ve all heard this catchy title  phrase – Work on your business, not in your business – but what does it really mean? When you work on your business, you set the course and navigate the waters, and let your team do the rowing. On the other hand, if you are working in your business, you are rowing the boat so hard you are not able to pay attention to the direction you are headed.

As the leader of your business, your responsibility is to make sure ...

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Fill the gap between DIY and CPA

Small business owners start out as Do-It-Yourselfers in most areas of the business, including bookkeeping. Or they get help from a spouse. Once they grow a little, they might get help from a general administrative staffer. If they are lucky, they can find a professional bookkeeper to come in to the office part-time.

While it is important that business owners understand their numbers, their time is usually better spent on the income producing activities of their business.

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Business Accounting: Focused on the Details

“Business” starts with “busy.” Business owners have so much going on that the temptation to cut corners can be quite alluring. However, business accounting – done correctly – is all about the details – at least to start. For this reason, business owners are sometimes the worst choice to staff the bookkeeping function.

Cutting corners in your bookkeeping, company accounting, payroll process, and any financial management of your company could spell disaster. That is why

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