8 min read

The Ultimate Guide to Getting Your Small Business Funded

By Kalie Souknary on Jan 28, 2020 10:30:00 AM

You’ve finally decided to take the jump and open your own small business. The excitement is overwhelming, but you know you’re ready. The only thing is, you don’t exactly know where to start with funding. The ideal way would be to fund it completely out of pocket, but if that’s not possible for you (don’t worry—it’s not possible for most!), what do you do? Do you crowd source the money? Do you apply for loans? What type of loan can you apply for? Are there any grants available to help save you from taking out too many loans? 

Topics: small business bookkeeping small business funding angel investors crowdfunding small business grant small business loan
7 min read

Order Up! A Basic Guide to Restaurant Accounting and Bookkeeping

By Aaron Sullivan on Sep 26, 2019 11:16:29 AM

Restaurant owners have one of the most demanding jobs around: pleasing foodies.

Successful restaurants thrive thanks to serving delicious, mouth-watering food, but that’s not all it takes. What about running the business side of things? That’s a different story.

Topics: small business bookkeeping automated bookkeeping restaurant bookkeeping accounting tips listen on the go
8 min read

Bookkeeping with Excel Templates: Pros & Cons

By Aaron Sullivan on Sep 19, 2019 2:05:00 PM

You might visualize bookkeeping as sitting at a desk covered in receipts, looking through a green visor at rows and rows of hand-written numbers. And you wouldn't be entirely wrong. Many businesses have traditionally used programs like Excel to handle their business finances. But we live in the future, and technology exists to make this arduous, expensive approach to bookkeeping go the way of the dodo.

Automated booking software has eliminated the need for Excel in many cases, yet the Microsoft tool is still used by businesses and entrepreneurs for their bookkeeping, budgeting, and accounting needs. Sure, Excel can be a valuable bookkeeping tool, but it has its share of disadvantages too.

Topics: small business bookkeeping bookkeeping tips accounting technology business growth scalability Spreadsheet Bookkeeping with Excel Excel bookkeeping templates
13 min read

9 Challenges All Restaurant Owners Face—And What To Do About Them

By Aaron Sullivan on Aug 22, 2019 2:05:15 PM

Someone should really write a tell-all book for business success that includes a money-back guarantee. There's no doubt that we'd buy that book. But since it doesn't exist (yet), the next-best alternative is to research and learn how to avoid the biggest mistakes and pain points your business might face. 

Topics: small business bookkeeping automated bookkeeping bookkeeping tips restaurant bookkeeping listen on the go
25 min read

Botkeeper vs. ScaleFactor vs. Pilot vs. Bench: Which Bookkeeping Software is Right for Your Business?

By Jess King on Jul 17, 2019 9:26:00 AM

Whether you run a startup company or manage a billion-dollar enterprise, bookkeeping is one of the most important tasks for any business. Business owners want (and need) to focus on their products and services as well as growing their company. But they also need to stay on top of bookkeeping tasks, which are tedious and time-consuming. Fortunately, there are lots of bookkeeping services available today that can help business owners streamline their bookkeeping tasks so they can focus on what matters.

Topics: outsource bookkeeping small business bookkeeping automated bookkeeping comparison listen on the go
6 min read

13 Possibilities With Automated Bookkeeping

By Aaron Sullivan on Jun 20, 2019 4:29:59 PM

It's 2019, and we have machines to do nearly every awful task that we never wanted to do again...a dishwasher for our dishes, washing machine for smelly clothes, GPS for getting us anywhere, cars that drive and park themselves (also for getting us anywhere). But what about other terrible tasks? We're talking about things that would not only make our personal lives better, but also improve our professional lives.

Topics: Bookkeeping accounting solution automation small business bookkeeping automated bookkeeping
3 min read

How to Void a Check in QuickBooks Online

By Aaron Sullivan on Jun 6, 2019 12:49:12 PM

Ah, nuts. You realize you've written a check in the wrong amount, or you've sent it to the wrong vendor because you have so many to keep track of and sometimes things get mixed up. #smbproblems 

Topics: QuickBooks Tutorials small business bookkeeping automated bookkeeping QuickBooks bookkeeping tips quickbooks online tips
6 min read

9 Signs You Have a Bad Bookkeeper

By Aaron Sullivan on Apr 2, 2019 9:26:00 AM

Having a competent bookkeeper could be the difference between steering your business to new growth and letting it spiral out of control, like a helicopter crash in an action movie. Whether your bookkeeper is an accountant who’s been with the company for decades, or it's your retired mother-in-law (or both), you must have confidence that they’re doing their job well and with your company’s bottom line in mind. Their daily work could be what leads to cutting nonessential costs and increasing your margins.

Topics: small business bookkeeping bookkeeping tips bad bookkeeping
6 min read

Everything Accountants Need to Know About QuickBooks Live Bookkeeping

By Aaron Sullivan on Feb 27, 2019 5:20:33 PM

Accountants and bookkeepers alike were surprised earlier this month when QuickBooks announced it now offers “Live Bookkeeping” with all plans ranging from Simple Start to Advanced. The page promised: “Get valuable insights from unlimited one-on-one conversations with an experienced bookkeeper that knows your business.” Of course, this made QuickBooks Certified Pros across the country do a double-take and say, “Hold up—what?!”

Topics: accounting solution small business bookkeeping QuickBooks
6 min read

How to Get the Most Out of QuickBooks Online: 7 Tips

By Aaron Sullivan on Feb 19, 2019 2:30:08 PM

Whether you’re new to QuickBooks Online or a seasoned veteran using the software, you might not be getting the most value out of your subscription. Oftentimes, people overlook simple tips that could help them be more effective and efficient with their books, and that’s why we’ve pulled together a short list of tips for handling your books with QuickBooks Online (QBO).

Topics: QuickBooks Tutorials tips small business bookkeeping How To QuickBooks
1 min read

Building a BotBrain: Free Ebook

By Aaron Sullivan on Jan 31, 2019 2:49:57 PM

Botkeeper CEO Enrico Palmerino presented to the Maryland Association of CPAs conference in December 2018, where he discussed how to build a botbrain for your own accounting practice. The full video is below, and you can download the accompanying ebook by clicking here.

Topics: Bookkeeping Ebook small business bookkeeping artificial intelligence machine learning
3 min read

What is a Chatbot—and How Can They Change the Way Businesses Run?

By Angelina DeLago on Aug 8, 2018 8:30:00 AM

Automation is changing the way business gets done online. Advanced software that only a few years ago would have been out of reach for most companies is now being widely adopted by businesses of all sizes. One great example? Chatbots.

Topics: Robots accurate bookkeeping small business bookkeeping automated bookkeeping