When new businesses start, owners frequently overlook bookkeeping because they are managing various tasks or trying to manage it on their...

"CFO" stands for Chief Financial Officer and "strategy" means a plan of action or policy designed to achieve a major or overall goal. I...

Efficiency has always been second nature to her. In every job after college, she found herself finishing tasks faster than expected,...

One of the most common challenges we hear from potential clients is: How do I pay off my debt?  It’s one of the top goals they list...

The observation I've made in the real world over and over again is the misunderstanding of roles when the word "accounting" is used in...

COGS (Costs of Goods Sold) are the direct costs  involved in producing or purchasing the "goods" that a business sells. Goods  refer to...

SucceedWithSpeed is dedicated to helping small businesses grow quickly and efficiently. We focus on simplifying financial processes,...

Have you ever come across the saying that 50% of businesses fail within five years? I wanted to discuss the updated statistics for...

I've always explained that we do not operate like the average bookkeeper. Due to my 15+ years in Business Consulting, I cannot just allow...

In bookkeeping, ACCOUNT has a specific and crucial meaning. Understanding what an account is and how it functions is essential for...

Reconciling ensures that accounting software records (such as Quickbooks®) and bank statements match which maintains correct financial...

Most business owners know that they need to get more organized. The problem they run into is they do not have the time. Most are...

One of the reasons, duplicate vendors happen in the first place is because a Bookkeeper doesn't check to see if that vendor already...

Given the numerous details that pass through a GC business, impacting both the bottom line and IRS requirements, it is essential to hire...

On one hand, it can be beneficial to get the points or lower interest but on the other hand, there are other factors involved which one...

A while ago I had someone tell me they weren't worried about reconciling their accounts in Quickbooks® My eyes almost popped out of my...

When new businesses start up, the owner either doesn't keep up with the bookkeeping due to wearing so many hats or tries to do it...

At the moment, I'm on a business trip in Kansas City, Kansas, staying at a newly constructed apartment building that is conveniently...

Success could be defined as the achievement of desired goals, whether personal, professional, or financial. Working with small business...

One big problem we see when we go into assess a business is they're spending too much money and their financial scene isn't in great...