Katrina Harrell presented on the basics of accounting and record keeping for startups. She discussed choosing the proper business entity, IRS requirements, and managing cash flow. Attendees learned about the differences between bookkeepers, accountants, and CPAs. The presentation provided guidance on setting up an effective record keeping system and selecting the right financial professional to support a new business.
TaxAssist Accountants - Making life simpleFranck Sidon
TaxAssist Accountants Chiswick provide a wide range of accountancy services including tax returns, payroll and bookkeeping. TaxAssist Accountants in Chiswick are a part of the largest network of accountants who offer a huge range of experience and expertise to over 44,000 small businesses right across the UK.
Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information.
End-of-year Tax Guide and Checklist for BusinessesMichael Burdick
Tax season for your business doesn't have to be scattered, painful, and time-consuming. Paro's End-of-year Tax Guide and Checklist for Businesses helps you get a handle on tax prep best practices, how your business structure impacts taxes, what you absolutely need to file taxes, and what your tax preparer needs from you.
GLG Accounting- Hire us for any Chicago tax returns problemsChicago Tax Return
Welcome to GLG Accounting- Accountant in Chicago! Our team is made of competent accountants that can help you fight the government in any Chicago tax returns related issues.
http://www.glgaccounting.com/taxation-and-returns/
Your firm isn’t a traditional one. Why are you measuring its success like it is?
Learn how to build a successful business model in this free Clio webinar.
When thinking about KPIs (key performance indicators), many lawyers think that simply looking at revenues is enough to keep track of how well their practices are doing. In this webinar, you’ll learn more about realization rate, profit per partner—and why these traditional metrics don’t necessarily work anymore for today’s small and solo firms.
Join Clio’s own George Psiharis and Joshua Lenon as we show you the measures that are relevant to today’s firms—and the importance of return on investment (ROI) in every legal practice.
In this webinar, we’ll cover:
- Basic law firm KPIs your firm should be measuring (including utilization rate, realization rate and collection rate)
- How to shift your KPI focus from the billable hour to the client
- How to measure your firm’s success like a startup
- Find out how to maximize your ROI by thinking like an entrepreneur and building a successful business model for your firm!
TaxAssist Accountants - Making life simpleFranck Sidon
TaxAssist Accountants Chiswick provide a wide range of accountancy services including tax returns, payroll and bookkeeping. TaxAssist Accountants in Chiswick are a part of the largest network of accountants who offer a huge range of experience and expertise to over 44,000 small businesses right across the UK.
Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information.
End-of-year Tax Guide and Checklist for BusinessesMichael Burdick
Tax season for your business doesn't have to be scattered, painful, and time-consuming. Paro's End-of-year Tax Guide and Checklist for Businesses helps you get a handle on tax prep best practices, how your business structure impacts taxes, what you absolutely need to file taxes, and what your tax preparer needs from you.
GLG Accounting- Hire us for any Chicago tax returns problemsChicago Tax Return
Welcome to GLG Accounting- Accountant in Chicago! Our team is made of competent accountants that can help you fight the government in any Chicago tax returns related issues.
http://www.glgaccounting.com/taxation-and-returns/
Your firm isn’t a traditional one. Why are you measuring its success like it is?
Learn how to build a successful business model in this free Clio webinar.
When thinking about KPIs (key performance indicators), many lawyers think that simply looking at revenues is enough to keep track of how well their practices are doing. In this webinar, you’ll learn more about realization rate, profit per partner—and why these traditional metrics don’t necessarily work anymore for today’s small and solo firms.
Join Clio’s own George Psiharis and Joshua Lenon as we show you the measures that are relevant to today’s firms—and the importance of return on investment (ROI) in every legal practice.
In this webinar, we’ll cover:
- Basic law firm KPIs your firm should be measuring (including utilization rate, realization rate and collection rate)
- How to shift your KPI focus from the billable hour to the client
- How to measure your firm’s success like a startup
- Find out how to maximize your ROI by thinking like an entrepreneur and building a successful business model for your firm!
A discussion of how the concept of nexus is broadening in the US, and how to ensure that you are aware of all the things that can create nexus for your business.
Financial Statement Analysis - Reading the Numbers Correctly, 2014 CreditScape, Western Region Credit Conference Seminar Slide Deck, sponsored by Credit Management Association. More information: www.creditmanagementassociation.org
Crash Course in Building Your Indie Game Studio | Quoc TranJessica Tams
Delivered at Casual Connect USA 2016. You’ve made a great game, now make a great game company! Join other indie studios in a workshop setting to learn the ins and outs of starting, growing and running a business. Key topics include corporate formation, accounting, taxes, employees and contractors, licensing, insurance, contracts, real estate leasing and more. Walk away with a game plan to get started or with a new understanding of critical topics.
Accountant Vs Bookkeeper – Understanding the DifferenceOutbooks Ireland
As your business grows, balancing the books and keeping track of everything on your own becomes more challenging. It would help if you had the right tools to manage
your company’s finances to make correct decisions, get paid on time, and stay in control of your finances.
Remote accounting also known as virtual accounting is a whole new bag of possibilities. It literally means having a professional accounting
team without even having to hire one. Virtual accounting offers all of the same benefits of hiring an accountant for your business, but with
exponentially less cost. It offer flexibility, reliability and professionalism at its best.
Startup ecosystem prefers to have a light weight organization and minimalist teams, thus reducing the fixed expenses and increasing
returns on investment
As one of the best illinois accountants, we provide best tax preparation and planning, accounting, bookkeeping, payroll services for businesses throughout the illinois.
What were the last job’s earnings for your small business? How much did you spend on your recent business upgrade? If you seek to keep accurate financial records, you must know the significance of bookkeeping.
Accounting plays a crucial role in running a business. It assists the business in taking important decisions. The summary of all transactions made by the business in a year or a period of time, arranged in an orderly set of financial statements, can help you see what is going on in a business clearly.
Everything You Wanted to Know About BookkeepingSimonAllsop3
Bookkeeping is the process of recording financial transactions, understanding the details, and preparing summaries to be able to generate accurate reports.
A discussion of how the concept of nexus is broadening in the US, and how to ensure that you are aware of all the things that can create nexus for your business.
Financial Statement Analysis - Reading the Numbers Correctly, 2014 CreditScape, Western Region Credit Conference Seminar Slide Deck, sponsored by Credit Management Association. More information: www.creditmanagementassociation.org
Crash Course in Building Your Indie Game Studio | Quoc TranJessica Tams
Delivered at Casual Connect USA 2016. You’ve made a great game, now make a great game company! Join other indie studios in a workshop setting to learn the ins and outs of starting, growing and running a business. Key topics include corporate formation, accounting, taxes, employees and contractors, licensing, insurance, contracts, real estate leasing and more. Walk away with a game plan to get started or with a new understanding of critical topics.
Accountant Vs Bookkeeper – Understanding the DifferenceOutbooks Ireland
As your business grows, balancing the books and keeping track of everything on your own becomes more challenging. It would help if you had the right tools to manage
your company’s finances to make correct decisions, get paid on time, and stay in control of your finances.
Remote accounting also known as virtual accounting is a whole new bag of possibilities. It literally means having a professional accounting
team without even having to hire one. Virtual accounting offers all of the same benefits of hiring an accountant for your business, but with
exponentially less cost. It offer flexibility, reliability and professionalism at its best.
Startup ecosystem prefers to have a light weight organization and minimalist teams, thus reducing the fixed expenses and increasing
returns on investment
As one of the best illinois accountants, we provide best tax preparation and planning, accounting, bookkeeping, payroll services for businesses throughout the illinois.
What were the last job’s earnings for your small business? How much did you spend on your recent business upgrade? If you seek to keep accurate financial records, you must know the significance of bookkeeping.
Accounting plays a crucial role in running a business. It assists the business in taking important decisions. The summary of all transactions made by the business in a year or a period of time, arranged in an orderly set of financial statements, can help you see what is going on in a business clearly.
Everything You Wanted to Know About BookkeepingSimonAllsop3
Bookkeeping is the process of recording financial transactions, understanding the details, and preparing summaries to be able to generate accurate reports.
3 Reasons Why Start Up Founders Should Outsource their BookkeepingSimonAllsop3
Why should you outsource your bookkeeping? How much can you expect it to cost? And 3 benefits of outsourcing your bookkeeping needs for start-up founders?
11 Practical Tips for Accounting & Bookkeeping for Small BusinessElevar Accounting
Leveraging professional business bookkeeping services to categorize your transactions will help you know how much money each category adds to your income or costs at the end of a specific period.
This presentation was made at the Washington Area Community Investment Fund (Wacif). This presentation goes over how to use financial statements and tools to make decisions.
1. Present: Start-up Accounting: What you need to know from “Day 0”™ Presented by: Katrina M Harrell, President of The KM Harrell Group, LLC CEO & Founder, Your Simple Bookkeeper, Inc. www.yoursimplebookkeeper.com
2. The KM Harrell Group, LLC Online Business Development & Management Consulting Firm Headquartered in Clayton, NC. Get “unstuck” and transform your vision into reality with sound, practical business management practices as well as innovative business development ideas and strategies. “Our passion becomes your inspiration. Our knowledge becomes your foundation” Your Simple Bookkeeper, Inc. Innovative bookkeeping and accounting firm Build on a model of providing web-based virtual bookkeeping services to micro and small businesses. Our fees start as low as $35 per month and include services not typical of accounting and bookkeeping firm. Who We Are
3. Who We Are cont. FREE Webinars Weekly Live Internet chat Affordable High-Quality bookkeeping services Monthly newsletters Bookkeeping tips via Facebook, Twitter, blogs, vlog. Web-based virtual accounting services. Recordkeeping and Bookkeeping education for small businesses. Small business community on our website Strategies to help you align your business profit goals with your accounting and bookkeeping needs
5. What is the GOAL? At the end of this presentation, participants will understand the basic concepts, tools and requirements needed to successfully start a business and make meaningful decisions.
6. Starting a business is exhilarating challenging, risky and fun. It’s impossible to know all there is to successfully start and manage a business with laws and requirements constantly changing. Intro
7. Intro cont. Participants will learn what is important to know while your business is in start-up. Basics of effective recordkeeping CPA, Accountant, Bookkeeper what’s the difference? How to choose a great bookkeeper and CPA Things to consider when selecting the proper business entity IRS requirements How to avoid overspending Managing start-up cash flow
22. Record-keeping and your Start-up Does not need to be complex Can be based on the size of your business There is no IRS requirement for how records should be organized Should be easy to follow Can be computerized or manual or combination of both
23. Identify all your business records Purchase a small accordion file File folders Labels Hanging files Retention Schedule Sort and organize: Organizational documents (permits, licenses, articles, etc) Tax documents Vendor records Inventory records Customer records Accounting Records Bank Records Contractual Agreements Forms Used in Business How to create a System
24. Keep these in a separate permanent file for easy access. Should include: Articles of Incorporation Bylaws SS-4 Tax ID Registration Register of Deeds Shareholder Minutes and Consents, Board Minutes and Consents, Action of Incorporator, and amendments to the various corporate documents. If your business is not a corporation, then the other documents that may be relevant here are partnership agreements, LLC documents, consents of the owners and similar records. Organizational Documents
25. Tracking expenses properly Tracking sales Inventory control Employee records and payroll Time wasting searching for records instead of making money Compliance with regulatory departments What’s the point? Poor Recordkeeping and your business
59. DON’T ! Create a budget Stick to it Bottom line – Does it make cents (sense)? Be creative “Think LEAN” Think Big, Act small Business, not Personal Internet Cloud-computing Saas (Software as a Service) Network Bookkeeping system from “DAY-0”™ Free options “Cart before the horse” syndrome Start-up Cash Flow & Overspending
60. LIVE Broadcast every Wednesday 2-4pm Video archive on website October 1stFREE Bookkeeping services FREE Tax review services Yoursimple Bookkeeper in-a-box coming Dec 2010 10-NON Marketing ways to Grow your business Micro Business Support Services $0-$150 per month FREE accounting software for start-up Monthly review Bill payment and bookkeeping Business entity consulting Mailing list: Updates New promotions Tax tips FREE Business guides More Information & Questions
61. THANK YOU! To schedule your complimentary consultation go to: www.yoursimplebookkeeper.com and select the APPOINTMENT tab Katrina M. Harrell 919.508.6708 katrina@yoursimplebookkeeper.com