Balanced Bookkeeping Ltd.

10/15/2022

FYI for people struggling with the cost of living...which i'm sure is the majority of us !

What they are doing obviously isn't working 🙄 I feel a big change coming.

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08/12/2022

What does a Bookkeeper do ?? 🤔

07/26/2022

https://www.youtube.com/watch?v=bcLrz_3a-vw
If you are ready to make any financial changes in your life check this video out first!

This is going to effect the working class the most (which is usually the case). It all sounds good on paper...but I don't think they realize the impact it actually has on Canadians. 😒

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06/27/2022

How to grow and maintain a successful business.

Tip # 4

Be Consistent

Once you have a clear short-term goal list and start working on them each day, it will become second nature in your business.

Working on your short-term goals daily is the only way to achieve your long-term goals.

Always remember it takes time to maintain a good workflow.

If you feel yourself start to get overwhelmed, clear your to-do lists and just start again with 3 simple tasks and build from there. Make sure they are realistic and achievable!

06/20/2022

How to grow and maintain a successful business.

Tip # 3

Stay focused !!

It takes time to build a clientele and brand, so it is important to stay focused.

If you feel stuck or unmotivated, make a list of some short-term goals and work on one or two of them at a time.

Here are some short-term goal examples…
- Reduce business overhead by $ 300
- Drop your business card at some local places of business
- Create a to-do list first thing in the morning with 3 specific but simple tasks
- Increase pricing by 5% over the next 2 months
- Start saving for taxes
- Do a monthly review your business plan
- Create a social media account

It may take a few years to see a profit, so achieving your short-term goals along the way will give you the ambition you need to grow your business.

If you need help with any of these tasks, please do not hesitate to reach out for a free consultation.

Jenna Floyd
506-650-8857

BALANCED BOOKKEEPING LTD.

06/13/2022

How to grow and maintain a successful business.

Tip # 2

Keep proper records

-Implement a filing system that organizes your businesses:
o Expenses/receipts
o Sales records
o Accounts receivable/payable
o Customer/vendor list
o Employee information
o Tax documents
o Bank statements
o Contracts

- Choose an accounting software that best suits your business (QuickBooks Online is my #1 recommendation)

-Record your business transactions on a weekly/monthly basis.

Keeping proper records and compiling the data is essential for your business. Reviewing monthly finance reports is the ONLY way to ensure your business is thriving and no changes need to be made.

If you need help with any of these tasks, please do not hesitate to reach out for a free consultation.

Jenna Floyd
BALANCED BOOKKEEPING LTD.

[email protected]
5 Queen St. Sussex, NB
506-650-8857

06/07/2022

How to maintain and grow a successful business.

Tip # 1

Get organized !!

- Set up a proper filing system and office space. This doesn't need to be elaborate. You just need one place where you can track your customer and vendor information, and keep all of your expense receipts (even if it is just in a box... for now).

- Try to go as paperless as possible so you always have a record in your e-mail or apps.

- Track and bill your time effectively. There are many apps out there that can help you with this!

- Set aside a specific time each week to check and respond to emails/messages.

Getting organized is the first step in maintaining a successful business. This will give you the tools that will allow your business to grow.

As a business owner you need to be able to review and make the changes necessary to help your business flourish.

If you need help with any of these tasks, please do not hesitate to reach out!

Jenna Floyd
506-650-8857

BALANCED BOOKKEEPING LTD.