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27 Mar Tips to Help You Cross the $5M Threshold Smoothly

Posted at 12:00h in

Remote Bookkeeping

by KYB Blog  •  0 Comments

More business comes with more responsibilities. While you might be able to handle your business as it is now, you might not be able to efficiently and profitably manage your business after exponential growth (which is the goal of course).

As you know, it’s smart to always be one step ahead and to be thinking about the long-term success of your business and the potential challenges that come with it, before they impact your ability to cross coveted revenue thresholds.

Explore these four challenges that your business will likely face as it grows, and strategies to help you navigate them smoothly.

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21 Mar Are These Accounting Mistakes Costing Your Law Firm Big Money?

There are only so many hours in the day, and most lawyers need to spend that time focusing on their clients — not sending bills, mastering their accounting software, creating financial reports (or trying to interpret them properly), or following up on late payments.

While accounting might not be your forte, you don’t want your firm to suffer due to some simple mistakes. Review these five law firm accounting mistakes that could be costing your firm a lot of money, and learn what steps you can take to avoid them.

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15 Mar Read This if You Currently Have an Accountant or Bookkeeper That You Love

Posted at 08:30h in

Remote Bookkeeping

by KYB Blog  •  0 Comments

Do you have an in-house bookkeeper that you love working with? If so, that’s great! But unfortunately, you can’t ensure that your trusted bookkeeper will be with your team forever. And, when such a crucial member of your team leaves, it can be hard to keep your business running efficiently.

There are a number of reasons bookkeepers move on. Explore a few common ones below, and learn what steps you can take to prepare for the future.

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13 Mar 4 Times It’s OK to Fire Your Bookkeeper

Posted at 08:30h in

Outsourcing, Bookkeeping & Accounting

by KYB Blog  •  0 Comments

Are you struggling with your bookkeeper? Are you unsure if they can keep up with the evolving needs of your growing company? Do you not get the insights on financial reports that you deem necessary to manage your business? Have you possibly even considered firing them? While it’s never easy to let someone go, sometimes it’s necessary for your business to thrive.

However, before you make a hasty decision, we recommend you think through the following signs to evaluate whether or not it’s time to part ways with your bookkeeper. If they’re guilty of these four things, they may not be the right person for the job — and it might be wise to start considering other options.

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28 Feb 4 Stages Law Firms Go Through Before Realizing They Need Accounting Help

Posted at 08:30h in

Outsourcing, Virtual Accounting

by KYB Blog  •  0 Comments

Are you juggling your law firm’s bookkeeping in addition to your core job responsibilities? Many lawyers are in this position, and it can quickly become a struggle to keep operations running smoothly while staying focused on serving your clients. Maybe you’re already there, thinking something needs to change — and fast. Or maybe you’ve got it under control… but it does seem like a breaking point is on the horizon. Either way, you’re not alone.

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