Is your Bookkeeping Messy or Behind? No Problem.
You are an eCommerce entrepreneur. You started your business because you saw a problem, and you created a solution for that problem. However, when you start a new business, you create an entirely new problem:
You need to keep a set of books for your business.
The issue is that most eCommerce entrepreneurs just aren’t good at tracking credit card receipts, reconciling bank statements, or using Quickbooks. Not to mention, they do not spend time learning how to do these things well. Why should they? They have to learn marketing, inventory management, supply chains, and 3rd party marketplace rules and guidelines.
So what happens is that they ignore it until it’s tax time. Then, they spend hours trying to remember what happened 9 months ago.
Things are missed. The accountant is charging by the hour to help them figure things out.
In the end, the books are messy and outdated.
Does this sound familiar?
It probably does, because it happens to a lot of entrepreneurs in all industries. You aren’t alone!
What Happens If I Don’t Keep My Books Clean and Updated?
What Happens If I Don’t Keep My Books Clean and Updated?
Sometimes you may not even realize the damage being done to your business if you don’t have clean and updated books. If your books are not in order, it is nearly impossible to:
- Know how much to pay yourself
- Secure a business loan or line of credit from a bank
- Understand how profitable (or unprofitable) you are
- Ensure you receive all the proper deductions for tax purposes
- Sell your business
- Scale your business to a level that provides generational wealth
- Gain investors in your business for a loan or equity position
- Properly do any sort of forecasting
- Determine how much of a cash cushion you need for your business to weather peaks and valleys
- Create any sort of business budget and stick to it
As you can see, it is extremely important to keep accurate books.
The good news is that we can help!
Let Tall Oak Advisors put you back on track
We are experts in bookkeeping clean-up. No matter how far behind or messy your books are, we can catch them up in a timely manner! It’s a relatively stress-free process, and you’ll have peace of mind knowing your books are solid. We are extremely thorough, as you can see the things we look at below:
Why Choose Tall Oak Advisors?
Amazon, Shopify, Walmart, Etsy, Ebay – No matter where you sell, we’ve got you! Our team has been specially trained for all e-commerce platforms. It’s all we do.
We go through everything with a fine-tooth comb so your books are as accurate as possible.
You need to know your numbers quickly. We ensure all monthly bookkeeping is done by the 15th of the month. Not once – every single time. We are as reliable as the sun coming up.
Your business is your livelihood. Why use an inferior bookkeeper? All of our bookkeepers are Quickbooks Certified ProAdvisors. We only hire the best of the best.
Not Sure What To Do Next?
Finances can be difficult. We want to help!
We would love to give you 45 minutes of our time where we can deep dive into your current bookkeeping practices and figure out ways that will free up your time to generate more revenue and profit.
You can book your FREE strategy session with us here:
At the end of our call, you’ll have a clear plan for what you need to do to generate more revenue and profit.
There is absolutely no obligation to work with us. We just want to help every e-commerce business owner on their journey. This stuff is fun for us!