Blue Dog Bookkeeping

12/31/2024

Keeping important documents in a central location to be easily referenced is ideal.

12/30/2024

Return on Equity measures a company's profitability relative to shareholders’ equity, showing how well it uses investment funds to generate profits. It’s calculated by dividing net income by shareholders' equity. For instance, if your net income is $15,000 and shareholders’ equity is $75,000, your ROE would be 20%. A higher ROE indicates that the company is effective at generating profit from equity investments.

12/29/2024

It's that time again - make sure you file by the deadline to avoid penalties.

12/28/2024

Good bookkeeping helps with cash flow and sound financial decisions so your business can flourish.

12/28/2024

Today, Bench Accounting unexpectedly announced its immediate closure. This decision is sure to impact many people. Bench's bookkeeping software is proprietary, and now businesses must export their data by March 7th. If you are a Bench client and need assistance exporting your data, getting set up on a new platform, and/or moving forward with ongoing bookkeeping services please use the link below to schedule a call so we can map out a plan and get you taken care of.

https://calendly.com/bluedogbookkeeping/blue-dog-bookkeeping-strategy-session

Did you know that, on average, good bookkeeping can save you up to $3500 a year? Let's chat about the services that you are seeking, and how I can help. Please be prepared to allow access to your books so that a quote can be provided.

12/27/2024

Enjoy your last weekend of 2024!

12/26/2024

Profit margin is a financial metric that shows the percentage of revenue that results in profit. It’s calculated by dividing net profit by total revenue. For example, if your net profit is $10,000 and your revenue is $50,000, your profit margin is 20%. A higher profit margin indicates more efficiency in converting revenue into profit.

12/25/2024

Merry Christmas to you and yours!

12/24/2024

Reviewing your receivables monthly and writing off uncollectible debt each quarter will give you the cleanest picture of what you can expect to actually receive.

12/23/2024

Net profit, also known as net income, is the amount of money left after all expenses, including operating expenses, interest, and taxes, have been subtracted from revenue. For instance, if your business earns $50,000 in revenue and incurs $40,000 in total expenses, your net profit is $10,000. This figure represents the company’s bottom line and overall profitability.

12/22/2024

The end of the year is upon us. If you require bookkeeping services to get tax-ready, let's chat!

12/21/2024

You don't always need a massive amount of funds to get started. There are also loans and grants available to help you get started.