Latest Blog Posts
Practical Tips for Soulful Small Businesses
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The Hidden Costs That Are Eating Away at Your Bottom Line
As a small business owner, you’re probably watching the big numbers: revenue, rent, payroll. But what about the smaller things? The overlooked subscriptions, missed receipts, or time you’re giving away for free? These might not seem like a big deal at first, but over time, hidden costs can quietly chip away at your profits. And…
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Mastering QBO Tax Codes for Accurate GST Reporting
Learn how to use QBO tax codes correctly to avoid GST filing errors. This in-depth guide covers common tax codes, report impacts, and how to spot and fix mistakes before they cost you. If you’re using sales in tax in QuickBooks Online (QBO), you’ve probably noticed a number of tax codes besides just the usual…
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Top 10 QuickBooks Online Tips for New Users
When you’re first starting out, QuickBooks Online (QBO) can feel a little overwhelming, especially if you have no prior bookkeeping experience and you’re trying to figure it all out on your own. The good news? QBO is designed with business owners in mind, and once you get the hang of it, it can be one…
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How Your Money Mindset Shapes Your Financial Future
What is Money Mindset? Your money mindset is the set of beliefs and attitudes you have about money—how you earn it, spend it, save it, and even think about it. It’s like a filter through which you view your financial decisions, often without realizing it. For years, I didn’t think much about my mindset around…
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8 Financial Habits of a Thriving Small Business
When you think about thriving small businesses, what comes to mind? A strong customer base? Innovative ideas? While those are crucial, there’s another key factor that often gets overlooked: smart financial habits. The way a business handles its money can make or break its long-term success. Whether you’re just starting out or looking to level…
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How to Check for Errors in Your Bookkeeping
You’ve wrapped up recording your transactions for the month and reconciled your bank account—great job! But how can you be sure everything is complete and error-free? Reviewing your work is a crucial step in the bookkeeping process, whether you’re managing your own books or handling them for a client. Let’s be real—mistakes happen (yes, even…
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10 Bookkeeping Basics Every Small Business Owner Should Know
Bookkeeping might seem like a daunting task, but it’s an essential part of running a successful business. Keeping your financial records in order doesn’t just help you during tax season – it’s the key to making informed decisions, avoiding financial stress, and growing your business. If you’re new to bookkeeping but you’ve decided to take…
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Understanding Financial Reports: A Guide for Small Business Owners
Financial reports might seem overwhelming, but they’re the key to understanding your business’s health. Whether you’re checking on profitability, monitoring cash flow, or planning for growth, these reports provide the insights you need to make informed decisions. In this post, I’ll break down the three main financial reports into simple terms and show you how…
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The Pros and Cons of DIY Bookkeeping
As a small business owner, you know that keeping your finances in order is crucial to your success. But when it comes to bookkeeping, many business owners find themselves at a crossroads: should you handle it yourself or hire a professional? It’s a common dilemma, and there’s no one-size-fits-all answer. In this post, we’ll explore…
