Bookkeeping for Small Business Owners

Being a small business often means you wear many different hats, including bookkeeper. Whether you’re a numbers person or not, proper bookkeeping is crucial for making informed business decisions, filing taxes accurately, and, if you need it, securing financing down the road. In this episode, Alise Jackson breaks down the importance of good bookkeeping, best practices, and common mistakes to avoid. From organizing your receipts to choosing the right bookkeeper, we discuss everything you need to know to get your business finances in shape. Alise Jackson is the Co-Founder of JL Endeavors, a business solutions provider. As a 25-year veteran of corporate accounting and finance, Alise’s attention to detail empowers her to solve the most complex financial challenges. Her uncanny ability to see the details without losing sight of the bigger picture enables her to work with any size organization to discover pain points and develop detailed solutions. With a sharp skill set in financial accounting, Alise can unravel your company’s books and put systems in place that lead to success. Alise is also an Accredited Financial Counselor® (AFC®) and a financial coach and educator who provides one-on-one coaching and accountability services in the areas of budgeting, debt payoff, saving, and building wealth. She also offers customized seminars and workshops for employers to provide as part of their Employee Wellness Programs.

In the Episode: Bookkeeping for Small Business Owners

  • Bookkeeping is crucial for making informed business decisions, filing taxes accurately, and securing financing
  • The reasons you should have at least a basic understanding of bookkeeping principles
  • Why it’s important to have some bookkeeping system in place from the beginning
  • The three best practices you should be doing
  • The real-time financial visibility bookkeepers can provide
  • How hiring a bookkeeper can help
  • How to find the right fit and level of service

Bookkeeping for Small Business Owners Resources

Related: Military Spouse Entrepreneurs and Taxes

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