Third Hand Bookkeeping Service

For businesses with fiscal years that coincide with the calendar year, the slate of revenues and expenses will be wiped clean on New Year’s Day.  Starting with a clean slate gives us a chance to reflect on our 2012 results before we enter 2013 and experience the hope that comes with a new year. Hindsight [...]

Building a financial cushion for your business is never easy. Experts say that businesses should have anywhere from six to nine months’ worth of income saved in the bank. If you’re a business grossing $250,000 per month, the mere thought of saving over $1.5 million dollars can be overwhelming. What may be a well-advised idea [...]

How much is the average client worth to your business?  Not just per project or even per year, but for the lifetime of your business.  Calculating the lifetime value of a client is an eye-opening exercise I recommend to every small business owner. Repeat business Let’s take several examples.  A client who eats a $15 [...]

2012 will be bringing some changes to Third Hand Secretarial Service LLC. I have established a sister company, Third Hand Bookkeeping Service focusing entirely on bookkeeping services. As you know, I am a Certified Bookkeeper with the AIPB as well as a QuickBooks Certified ProAdvisor. Bookkeeping is my true passion and what I so enjoy [...]

Most of us came from the corporate world where working with budgets was an everyday occurrence. So now you are the one in charge and budgeting is the last thing on your mind for your business. Budgeting is just as important to the small business owner as it is to major corporations. It helps control [...]