Bookkeeping Manifesto

May 10, 2008 at 2:11 pm Leave a comment

I live and breathe bookkeeping. Accounting is almost my first language – my first year english professor at Dal was convinced English was not my first language, and maybe he’s right.

Not everyone does. A large component of my business is training people how to do their bookkeeping. But, I also I hear from people that they are not sure about the best ways to go about getting their bookkeeping done and what to do with the information when they get it.

So I’m writing a Bookkeeping Manifesto. It will answer all questions about the who what where when and why of bookkeeping.

Bookkeeping isn’t just about satisfying reporting requirements. The information people get from their bookkeeping is like a map they can use to chart the best course for them to reach their goals. They can find out what parts of their business make the most money, where they can do better and make plans for how to reach their ultimate goals.

I want to clear away the mists and make small business finance clear.

My request of you is to comment here with questions you have about your bookkeeping and, indeed, any aspect of your business. I’ll use these questions to make sure the Manifesto is addressing the most relevant issues facing small business today.

Thanks for your help!

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The Three Success Factors

I have worked closely with 100’s of business owners and I have seen too many struggle. I have seen what works and what doesn't.

It takes 3 things to succeed:
1. Hard work - and I know you do that already.
2. Knowledge - domain knowledge: you've got that and continue to learn; and business knowledge: this is where everyone focuses and it's easy to find
3. Mindset - This is the killer app. This is what makes or breaks small business owners.

We work on Mindset here at the Business Owners Success Club: how you think about yourself and your business.

When you focus on a business that gives you what you need to live a Good Life and gives others what they need to solve a problem, everything else falls into place and you have a successful business.

Using that as a framework we work on one aspect of business every month. February is "Your Place in Your Community" month.

In March we will open the doors to our online community. Stay Tuned.

Sign up here to play along.

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