Posts Tagged ‘Bookkeeping’
Why Every Business Leader Needs a Financial Thought Partner
By Kelli Bagby, Founder & CEO of Truly Bookkeeping Running a business or leading a nonprofit requires making countless decisions every week. Some are small, while others can significantly impact your organization’s future. Hiring employees, investing in new opportunities, managing cash flow, preparing for growth, or navigating an unexpected challenge all require thoughtful leadership. And…
Read MoreBoundaries, Transparency, and Trust: A Different Approach to Bookkeeping
Boundaries, Transparency, and Trust: A Different Approach to Bookkeeping Financial transparency for small businesses is about more than having access to financial reports. It’s about creating trust, improving communication, and giving business owners the visibility they need to make informed decisions. When people hear the word “boundaries” in business, they often think about communication preferences,…
Read MoreUnderstanding Accounts Receivable: Cash vs. Accrual Accounting for Nonprofits
Cash vs accrual accounting is one of the most important financial distinctions for small businesses and nonprofits to understand. While many businesses operate on a cash basis, nonprofits are generally required to use accrual accounting to maintain accurate financial reporting and properly track accounts receivable. And understanding the difference between cash accounting vs. accrual accounting,…
Read MoreHow Financial Clarity Supports Better Business Decisions
There’s a moment many business owners and nonprofit leaders face when making important choices—and in that moment, financial clarity for business decisions becomes essential. It might be about hiring.Or expanding a program.Or adjusting your budget mid-year.Or simply deciding what’s sustainable moving forward. And the question underneath all of it is the same: Do we actually…
Read MoreThinking Ahead: Setting One Intentional Goal for Your Business Each Year
As the year winds down, I always take some time to think about what’s next. Not in a “new year, new goals” kind of way, but in a grounded, practical sense. What do I want the next year of my business to look like? What’s one main goal I can realistically work toward? Because as…
Read MoreBeyond the Name: How Truly Has Grown with Our Clients
When we first started Truly Bookkeeping, the vision was clear: provide small business owners with reliable, accurate bookkeeping so they could focus on the work they love. Bookkeeping was our foundation and it still is. It’s where every good financial story begins. But as we partnered with more clients, something unexpected happened. We found ourselves…
Read MoreMore Than a Bookkeeper: Meet the Truly Team Behind Your Numbers
At Truly Bookkeeping, we often say that when you hire one of us, you get all of us. That’s not just a tagline—it’s how we work. Each client is paired with a dedicated bookkeeper, but behind the scenes, every member of the Truly team collaborates, supports, and shares knowledge to ensure your business receives the…
Read MoreAccountant vs. Bookkeeper: What’s the Difference and Which One Do You Need?
Accountant vs. Bookkeeper: What’s the Difference and Which Does your Business Need? When it comes to managing your business’s finances, you may have heard the terms “accountant” and “bookkeeper” used interchangeably. Accountant vs. Bookkeeper: Which does your business need? Understanding the differences between these two roles can help you decide which one—or both—your business needs…
Read MoreHow To Build a Process – Even if You’re Self Employed
How To Build a Process – Even if You’re Self Employed You start your morning slow. Maybe you walk the dog, pour yourself a cup of coffee, or plan out the rest of your day. Maybe you get in a few hours at night after the kids go to bed and then block out the…
Read More3 Personal Finance Numbers Entrepreneurs Should be Watching
3 Personal Finance Numbers Entrepreneurs Should be Watching There is a ton of content out there guiding entrepreneurs on how to run their businesses. From tracking profits to building more efficient teams, if you have a question there is probably a blog article about it. What you don’t see a lot of is resources guiding…
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