Many small business owners try to save money by handling their bookkeeping themselves. At first, it seems like a smart move: you already know your business, and QuickBooks makes it easy to record transactions. But DIY bookkeeping often comes with hidden costs that can outweigh the money you think you are saving.

Many small business owners believe they know how much their business earned each month. You might look at your bank account and assume that the balance reflects your profit. The reality is often very different. Without proper bookkeeping, it is easy to misinterpret your financial health and make decisions based on incomplete information.

Running a small business comes with enough challenges without adding unexpected financial headaches. Yet many business owners are caught off guard by overdrafts, late fees, unpaid taxes, or cash flow shortages.

Many small business owners think of bookkeeping as something you only need to worry about when tax season rolls around. But the truth is, bookkeeping is about far more than keeping the IRS happy.

For many business owners, bookkeeping is the task that gets pushed to the bottom of the list until tax season rolls around. Piles of receipts, unreconciled bank accounts, and half-finished QuickBooks files can quickly snowball into financial chaos.

For many small business owners, summer and fall are the perfect time to review your finances before the year-end rush. Staying on top of your books now makes tax time less stressful and helps you make smarter business decisions.

When you’re running a small business, especially if you’re wearing all the hats, it’s easy to blur the lines between business and personal spending but over time, those small decisions can cost you big.

Doing your own bookkeeping can be a great way to save money and understand your business’s finances. But as your business grows, you might find that managing the books on your own becomes a major time drain and source of stress.

Running a small business is demanding, and bookkeeping often falls to the bottom of the to-do list. It’s easy to push it aside when things get hectic, but ignoring your books can lead to serious consequences - both financially and emotionally.

Hiring a bookkeeper? Learn what to ask, what to avoid, and how to find the right fit for your small business -especially if you're behind on your books.

Running a small business means juggling a million tasks at once. Whether you’re a retailer, consultant, freelancer, or service provider, there’s always something pulling your attention in different directions. Unfortunately, bookkeeping often ends up near the bottom of the list.

Running a business is hard work, but how do you really know if all that effort is paying off? It’s not just about checking your bank balance. To get a clear picture of your financial health, you need to regularly review a few key reports.

For many small business owners and private practice professionals, bookkeeping can feel like a necessary chore - something that just needs to be “done.” But at BookWise, we believe your monthly bookkeeping review should do more than check a box

Summer can bring a welcome shift in pace - especially for private practice owners and solo providers. With a few more gaps in your schedule, now is the ideal time to pause, reflect, and finally tackle the tasks that tend to fall to the bottom of your list-like your bookkeeping.

Many small businesses rely on petty cash for small, everyday purchases. But without proper management, petty cash can quickly turn into a bookkeeping and tax nightmare.

Manual accounting systems might seem simple on the surface, but they can quickly become a barrier to growth. Relying solely on manual bookkeeping increases the risk of errors, inconsistent records, and time-consuming processes - all of which can slow your business down.

There’s a common myth that professional bookkeeping is only necessary for large companies with sprawling teams and complex finances. But the truth is, no matter the size of your business - from solopreneurs working solo to mid-sized firms with growing teams -having organized financial records is essential.