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Finance
Amanda

Outsourcing vs. In-House: Which is Best for Your Bookkeeping Needs?

When managing your business’s finances, one key decision you’ll face is whether to handle bookkeeping in-house or outsource it to a professional service. Both options have their benefits, but in this blog post, we’ll focus on why outsourcing might be the perfect solution for your business’s bookkeeping needs.    What is Bookkeeping?  Before diving into the options, let’s clarify what bookkeeping involves. Bookkeeping is the process of recording all financial

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August 19, 2024
Amanda Mungal bookkeeping
Goal Setting
Amanda

Small Biz Big Why

Amanda’s big why started with the question: how much money do I actually need? https://youtu.be/TrdEGk1ybXA?si=IUvw_OkRYfBarYWw When challenged to consider how big she could grow It’s Your Time, Amanda started asking herself “how much money do I actually need”.  This is not to say that she doesn’t like nice things, want to travel and do all the things so many business owners work towards . . . she just felt that

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March 28, 2024
In the News
Amanda

A Living Wage is Important Even When Outsourcing

As the owner of an outsourcing agency, I keep my eyes open on social media for people looking for VA’s, bookkeepers etc..  This week, I saw a post by someone looking for a Virtual Assistant in a women’s business owner group on Facebook.  The offering is $25/hour for a part-time gig (about 5 hours a week) 2 of those hours need to be at her office/home and 3 hours will

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November 23, 2022
tax time bookkeeping
Finances
Amanda

What to look for in a bookkeeper

If hiring a bookkeeper is one of your company’s many struggles, it is possible that you might not know what you are looking for. Bookkeeping duties may vary from organisation to organisation, however, there are key qualities to look for in an awesome bookkeeper. 1. What bookkeeping duties do you need? A major misconception is that they all have the same duties, however, there are many services that bookkeepers offer.

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August 20, 2022

Pre-planning your year financially is about so much more than just numbers

Have you ever sat down to begin planning your goals and dreams for the new year ahead (which is coming up fast – where did 2013 go?) and have wondered where your best dollars are spent growing your business and how you can track them? In order to set clear goals for the future, it’s pretty vital to have the present taken care of.  With December quickly approaching, taking care

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December 2, 2013

Fear # 2: Take a bite out of your bookkeeping fears

Has your financial situation or fear of what your financial situation may be paralyzed you from being pro-active about your finances? Many small business owners feel a certain level of financial stress.  Often when a business owner feels this kind of stress the first thing they stop doing is their bookkeeping – or reading their reports sent over by their bookkeeper because they just don’t want to know.  Think “Confessions

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October 11, 2013