South Fork Bookkeeping

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United States
Southampton, NY
South Fork Bookkeeping

We provide quality bookkeeping services, at a fair price with exceptional client service.

03/08/2024

Your invoice terms have a bigger impact than you think. ✍️

Clear terms mean faster payments, fewer misunderstandings and better cash flow 💼

Think how you can adjust your contracts to benefit your customers and your business 💡

03/04/2024

If you're juggling multiple properties, do yourself a favor and set up separate accounts for each. 🏡

It's much easier to track how each of the properties are performing. Plus, it's a lifesaver during tax season. 📚💰

02/22/2024

2024 will be over in a flash. What are you looking to accomplish this year with your business?

🎯 Set your targets high

📅 Track your progress

📈 Plan for growth!

02/19/2024

Exploring financing options give you flexibility to grow and maintain your business:

🛻 Purchasing equipment that can make your business more productive.

📦 Making sure you have enough inventory on hand.

🦺 Having additional capital that you can use as an emergency fund.

01/29/2024

Working with your vendors are a key component of running a business. How you work with them can contribute to your bottom line.

✅ Find ways of reducing costs by making bulk purchases or signing longer term contracts.

📜 Ask for better terms such as longer payment periods, faster deliveries, better customer service.

2️⃣ Always have a backup vendor prepared if issues arise.

01/18/2024

⚙️ Anyone can make a mistake, that's why its important to put processes in place to prevent issues:

📅 Review your financials regularly.

✅ Create checklists to make sure key issues are not overlooked.

🔔 Make sure you are notified of any financial discrepancies.

01/10/2024

🔍 If you're double checking your accounts, go straight to the source.

💼 Source documents like receipts, bank statements and invoices can be checked against one another to see what actually occurred.

✅ If there are things that don't line up then dig into the documents to find the truth in what is happening with your books.

01/04/2024

As a business owner, understanding your KPIs is crucial, but comparing them against industry standards is the key to real growth.

👉 Margins, customer LTV and cost of acquisition are all KPI's that you can compare against your industry.

📊 If your numbers are below the standard then you know the first place to look when trying to improve your business.

01/03/2024

📚 Ways to maintain tenant and lease information:

📁 Separate Files for each tenant and lease.

🖥️ Digitally store lease agreements.

📑 Document all interactions and transactions with tenants.

01/01/2024

Wishing that 2023, was filled with incredible and unforgettable moments for all. More to come in 2024!

Address

89 Jobs Lane
Southampton, NY
11968

Website

http://www.sfbk.io/

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