Quick Tips: How to Maintain Proper Bookkeeping | Practical Tips for Accurate and Efficient Records
Welcome to our channel! In today's video, we're sharing practical tips and best practices for maintaining proper bookkeeping. Accurate and efficient bookkeeping is crucial for ensuring your business stays compliant and financially healthy. Whether you're a small business owner or managing a large enterprise, these strategies will help you keep your financial records in order. Stay tuned to learn how to streamline your bookkeeping processes and avoid common pitfalls.
Quick Tips: The Negative Consequences of Not Having Bookkeeping | Risks of Neglecting Your Business Finances
Welcome to our channel! In today’s video, we’re uncovering the serious risks and negative consequences of neglecting bookkeeping. Proper bookkeeping is vital for maintaining financial health and ensuring business success. From financial mismanagement to potential business failure, we’ll explore the dangers of not having a solid bookkeeping system in place. Stay tuned to learn how you can protect your business from these pitfalls.
Quick Tips: The Benefits of Bookkeeping | Boost Your Business with Accurate Financial Records
Welcome to our channel! In today's video, we're uncovering the numerous benefits of bookkeeping for your business. Whether you're a small business owner or managing a large corporation, proper bookkeeping is essential. From maintaining accurate financial records to improving cash flow management, we'll explore how effective bookkeeping can enhance your business's success.
Quick Tips: 5 Financial Reports You Should Track for Your Business
There are a number of financial reports that can give information on the business's past, current, and future financial state. The top five financial reports that every business owner has to regularly and yearly review to better understand the business's financial performance are listed below…
Quick Tips: CRA: How long to keep records?
In this video Arielle from Fix My Books will be teaching you how long you should keep your records for.
https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/keeping-records/where-keep-your-records-long-request-permission-destroy-them-early.html
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How To: How To Conduct A Mid-Year Budget Review
With the midyear of 2023 quickly approaching, it’s a great time to perform a budget checkup to help evaluate how your business is performing and determine whether any adjustments should be made to ensure a successful year-end. Consider these key areas of your budget when conducting a midyear review…
How To: Five Steps To Conduct a Mid-Year Financial Assessment
A mid-year financial assessment is the best way to evaluate whether or not you are on target to hit your goals. It’s also the perfect time to pivot if you’ve gotten off track. However, to point yourself back in the right direction, you have to know where you’re currently standing…
Quick Tips: What is an Income Statement?
In this video, Arielle from Fix My Books, will be teaching you what an Income Statement is, why you need it, and how it can help you understand your business's performance and help you make better business decisions.