Number Nerd Bookkeeping Solutions

Cart (0)

  • Your cart is empty.
  • Subtotal: $0.00
  • Estimated Tax: $0.00
  • Total: $0.00
  • Checkout
  • Bookkeeping Help
    • Our Solutions – Start Here
    • Number Nerd Review
    • Bookkeeping Packages
    • DIY Bookkeeping Training
    • Support & Training
    • Software Setup
  • Bookkeepers & CPAs
    • Bookkeeper and CPA Solutions
    • JumpStart Sessions
    • NumberNerd Template Lab
    • Template Shop
    • Join Our Team
  • About
    • Meet Heather
    • Work With Me
    • FAQ
    • Client Testimonials
  • Blog
  • Resources
  • Contact

February 22, 2021

5 Reasons Why You Should Be Your Own Bookkeeper

5 Reasons Why You Should Be Your Own Bookkeeper

I know bookkeeping isn’t everyone’s jam, but it sure is mine, and what I’ve learned from my clients over the years is how important it is for small business owners to know how to do their own bookkeeping. It not only keeps your costs down but also helps you really understand your business finances so you can make the right decisions.

In this post, I am going over five reasons why you should be your own bookkeeper and the consequences of ignoring those reasons. 

Ready to learn more? Then keep on reading. 

Be Your Own Bookkeeper Reason 1: Cost

It costs a lot to have someone else do your numbers for you…and as small business owners, I don’t need to tell you that every dollar counts. 

It seems tempting to hire someone because you might not feel confident in doing the books yourself, but trust me, those dollars spent on bookkeeping add up.

I know some bookkeepers charge really low rates so you think it’s a justifiable expense, but remember, just because it’s cheap, it doesn’t mean it’s the best. You get what you pay for…and even sometimes when you pay the premium price you still don’t get the quality you need. 

Also…when we hire bookkeepers, we need to find people who can really explain and break down the reports on our finances so we understand them completely. A lot of times that doesn’t end up being something that is included in bookkeeping services, leaving business owners in the dark on their numbers. 

In my opinion, it’s worth it to spend the money to educate yourself on your books instead of passing it off to someone else when you’re only hitting a certain income threshold. 

Be Your Own Bookkeeper Reason 2: Understanding

Plain and simple – you have to understand what you’re looking at when you go over your numbers, not just trusting that someone else is handling everything for you. 

Having a solid understanding of the money coming in and the money going out allows you to make the best decisions possible for your business today, avoid bad ones (I cannot stress that enough)  and also plan for the future. 

More understanding = greater success. 

That is why I offer things like the Number Nerd Bookkeeping Academy. It helps business owners get that solid understanding of their numbers, so when they look at the books they know EXACTLY what is going on. 

Be Your Own Bookkeeper Reason 3: Awareness

This one is closely tied to Reason 2…because understanding creates awareness. 

Do you ever wonder if maybe there is a chance that you’re missing out on money you could be making or spending too much on something? Well, being aware of your numbers and what they mean can help prevent situations like that. 

Giving your numbers a quick once-over every month doesn’t give you enough awareness to… 

  • See if there are ways things can be adjusted so you’re making more and spending less
  • Identify problems and fix them quickly
  • Find new opportunities to create more income 

And ultimately, that’s what we want you to do….make money! 

Be Your Own Bookkeeper Reason 4: Planning 

The more you know about bookkeeping, the better positioned you are to make good decisions. When you know your numbers inside and out you can determine if your marketing is working, whether you’re charging enough money or spending too much time on business activities not contributing to your bottom line.

Say if you want to invest in a product or service, or you want to focus more on one aspect of your business, planning is the only way to make those things happen successfully. 

When you do your own books, you’re getting down and dirty with your numbers. You know your analytics and that makes it SO much easier to plan and strategize for how you want to move forward, invest in your business and spend your time. 

You didn’t start your business willy nilly, without a plan. You know how important it is to have solid plans in place rather than making knee-jerk decisions without all the information. Knowing your books will ensure you make solid, informed decisions that set you up for success.   

Be Your Own Bookkeeper Reason 5: Ditching The Fear

When you fear your books, you’re not going to dive in and really commit to getting to know them the way you need to in order to make the best decisions possible.

Plus, nobody likes being afraid! It’s not a fun feeling and it holds you back from up-leveling your business! 

Let’s end the guessing game on your numbers too! No more guessing on whether or not you are doing things the right way.

The more you know, the less fear you will have and you’ll become empowered to make solid, confident choices or ask for help when you need it! Fear has no place in your business and by kicking it to the curb, you will become a better, more successful CEO. 

Ready to Become Your Own Bookkeeper?

Most businesses that fail do so because they don’t have a handle on their numbers. I have made it my mission to try and prevent that from happening. Everyone needs education around their numbers so they’re able to notice problems and clean up any trouble spots or dig into things that don’t look right. 

And there’s no shame in needing a little help! None of us are born with all the bookkeeping knowledge pre-programmed into our brains. We all learn it at some point. 

I created the Number Nerd Bookkeeping Academy for business owners just like you, who need that guidance and to empower you to know how to do your own bookkeeping. It’s an online academy that gives you the education, know-how, on a weekly, monthly, quarterly and annual basis to get and keep your bookkeeping in tip-top shape. 

Your business is your livelihood. You owe it to yourself to understand it completely so you can take charge of it and grow. Learn more about the academy now.

Filed Under: Bookkeeping, Business Management, Training

February 8, 2021

Behind-the-Scenes of the Number Nerd Bookkeeping Academy

Behind-the-Scenes of the Number Nerd Bookkeeping Academy

The Number Nerd Bookkeeping Academy is Opening…

As a self-proclaimed number nerd, I have a passion for business and helping business owners master their books, which is why I started the Number Nerd Bookkeeping Academy. I believe that business owners who have a solid understanding and awareness of their numbers and what they mean have a WAY better chance of succeeding.

In this blog post, I am giving you a behind-the-scenes look at everything I’m including in the academy in order to set you the CEO up for success. 

I’m talking….

  • Why entrepreneurs should join the bookkeeping academy
  • What’s in the bookkeeping academy
  • What you’ll do in the first few weeks in the academy 
  • What you’ll do monthly  
  • How it will help you grow your business and master your books 

Want to learn more? Then keep reading, biz whiz.

Why Join the Number Nerd Bookkeeping Academy?

Well for starters, if you want to have the confidence to make informed financial decisions that help you grow your business and ditch your number fear, then you should join. 

I set up the academy to help business owners like you do just that, and more. It will help you set up and manage your bookkeeping system so you know where your money is coming from, going to, how to identify problems and seize new opportunities. 

What Will You Do in the Number Nerd Bookkeeping Academy?

In your first few weeks, you’ll start by going through the videos I’ve put together for the academy. You can do it at your own pace but it will give you a solid base of knowledge for when you start diving into the rest of the content. 

After you get through the videos, then it’s on to the real work (don’t worry, it’s not as scary as it sounds). Again, this program is totally self-paced but there are live working groups every month that you can join to ask questions if you get stuck, and have a solid routine to keep your bookkeeping up-to-date. 

These working groups will bring academy members together to get through their bookkeeping so that you have a set time to do your bookkeeping each month. Plus, you get support from me ‘cause I’m in the group too!

There’ll also be breakout sessions during the live sessions with me, so you can ask me anything that you might not feel like sharing with the group. 

Monthly working groups like this are so helpful because they keep you up-to-date on your books, build good habits and let you learn from other business owners. Triple win!

Sounds Good…But What’s Included?

This one-year membership includes everything you need to set up an easy-to-use, sustainable bookkeeping system for your business. 

When you sign up for the academy, you’ll start off doing a quiz so we can see just where you’re at in terms of knowledge and what your bookkeeping needs are. 

After that, you’re getting access to a series of QuickBooks®️ Online tutorial(s) so you can get set up right from the beginning.

Then, you’ll go over bookkeeping fundamentals that set the foundation for your bookkeeping success.  

Attend the live working sessions to get your bookkeeping maintenance on point and get any questions answered. These sessions will also include how to read and understand your financial reports. The additional support inside the academy includes the ability to answer questions at any time, easy-to-follow video tutorial(s), weekly, monthly, quarterly and annual checklists, quarterly workshops….and tons more. 

There’s also things like Q+A sessions with me and the quarterly workshops will cover things from budgets to pricing for profit. Whew! 

How Will It Grow Your Business?

When you sign up for the academy, you’re going to quit waiting until the end of the year to do your bookkeeping! No more mad dash at the end of the year to get it all done, which often leads to things getting missed. You’ll be all caught up on your bookkeeping each month—and you have the systems and workflows in place to stay caught up. 

You’re going to learn to understand where your money is coming from and where it’s going so you can make the right decisions for your business and confidently plan for the future. Knowing your books will empower you as a CEO to up-level your business – plain and simple. The transformation you go through will be eye-opening and amazing!

So in closing….

You might have no clue about what your numbers are or what they mean right now. Maybe numbers and money evoke feelings like angst, overwhelm, fear, frustration, and shame. 

I get it, but there is help out there. When you have a solid system for doing your bookkeeping correctly, you also gain powerful data to help make strategic business decisions in your business, such as: 

  • How much you need to work to reach your financial goals
  • Understanding your budget and being able to plan for your business investments 
  • Pricing your offers to support your personal and business goals
  • And so much more!

Knowledge is power, and knowing your numbers is an important part of running a successful and fulfilling business. 

The Number Nerd Bookkeeping Academy will have you mastering your books and help guide you to having a solid foundation of financial knowledge. Learn more about the Academy here!

Filed Under: Bookkeeping, Training

October 24, 2018

What It’s Like To Work With A Consultant

What's it like to work with a consultant?There’s a big difference between coaching and consulting, and both are vitally important to the success of your business–no matter what stage you’re in.

A coach is a good investment when you’re looking to jump a mindset or business hurdle, like getting to the next income bracket or overcoming a challenge with pricing your services. They’re often certified in coaching and work with businesses across a wide range of industries. A coach will talk you through decisions and then help you come to an outcome that feels right for you.

But a consultant is different. They’re still a good support system in your business, but they’re truly an expert in their industry. A consultant has had measured success in what they do and can look at your business and really analyze the steps you need to take to meet the goals you want to reach.

A consultant isn’t going to help you decide what feels good. A consultant is going to tell you what you need to do to get where you want to go. It’s more strategic and it’s more definitive.

A consultant isn’t going to help you decide what feels good, they’re going to tell you what you need to do. Click To Tweet

If you’re feeling stuck in your business because you’re not reaching the goals you defined for yourself, you may need to invest in a consultant. Especially if you want to be in a growth phase of your business.

What should you look for when hiring a consultant?

Accounting and bookkeeping consultants come in all shapes and sizes, just like any business owner. I recommend doing your research to find a few consultants that resonate with you, then getting on the phone or Zoom with them to make sure that you have a camaraderie with them. The consultant you hire should have documented experience in reaching goals similar to what you’d like to do.

Any consultant you hire should have documented experience in reaching goals similar to what you want to do. Click To Tweet

Aren’t consultants my direct competition?

It’s true that consultants should have expertise in your field and in the specific goals you want to reach, but that doesn’t make them your competition. Many consultants are no longer practicing in their industry, preferring instead to help others get on their feet. And those who do still work in the industry tend to work with higher-end clients who you likely won’t pursue. Either way, you should be careful that the consultant you hire have a confidentiality agreement and non-compete clause in their contract.

What if I don’t want to do what my consultant recommends?

Of course, your business is yours to do with what you’d like. But candidly, you hired the consultant for a reason. And consultants aren’t cheap. If you’re morally or professionally opposed to the consultant’s recommendations, have a conversation about it and see if something else fits better for your business. Remember, too, that you’ll want to do a lot of research on your prospective consultant before plunking down money on a large consultation package.

What resources will a consultant bring me, aside from ideas?

Since consultants have been in their fields for many years, many have systems and workflows they’ll help you implement in your business. Personally, I have a Business Workflow Template Shop and I often share these templates with my consulting clients–so they can quickly and effectively implement the strategies I recommend.

Filed Under: Training Tagged With: Hiring, organization, Small Biz

GET THE BOOKKEEPING SPREADSHEET

Recent Posts

  • 5 Reasons Why You Should Be Your Own Bookkeeper
  • Behind-the-Scenes of the Number Nerd Bookkeeping Academy
  • How To Give Yourself A Raise This Year
  • Are You Afraid of Your Numbers? How To Create Financial Confidence
  • Behind the Scenes: My Biggest 2020 Goal Update and Lessons

Categories

  • Bookkeeping (33)
  • Business Management (42)
  • Expenses (8)
  • Glossary Glance (1)
  • Hiring (3)
  • Insurance (1)
  • My Story (2)
  • New Year (2)
  • Organizing (3)
  • Tax Deductions (3)
  • Technology Tip (2)
  • Training (3)
  • Uncategorized (3)

Tags

about me apps automation Bookkeeper Bookkeeping cloud expenses Hiring how-to income tracking insurance integration money management organization overhead payroll pricing profit margin QuickBooks Small Biz start up business systems tax deductions tax prep Technology Tip Tuesday time tracking workflow
  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • Twitter
  • Bookkeeping Solutions
  • Terms & Conditions & Privacy Policy
  • Blog
  • Contact Me
Grab your FREE Bookkeeping Spreadsheet Template!

Copyright © 2021 · Number Nerd Bookkeeping Solutions