The year of growth, contentment, and gratitude.

2022: Year in Review

If you’ve ever taken a high level business class in college, you may have learned about a SWOT analysis. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. It is an analytical tool that many businesses use to analyze internal and external factors that will affect the company’s future performance. One of the reasons that it’s so popular is that it’s easy to use and understand. Although it’s intended to analyze businesses, it can also be applied to your personal finances as well. 

Personal Finance: SWOT Analysis

Have you ever wondered what you are worth? While there’s no good way to add up all of one’s good deeds, contributions to society, or even the amount of sunny smiles, we can at least calculate how much you’re worth in terms of your finances.

Personal Finance: Determine Your Net Worth

An emergency fund is an essential part of your financial well-being. Think of it as an airbag for your fiscal health.

Personal Finance: How to Create an Emergency Fund

Year #2 has been my favorite year of business! Read on to see why!

2021: Year in Review

The holiday season is coming up quick and with supply chain shortages looming, it’s best to get a head start on your holiday shopping! But what do you get for your friendly small business owner? Not to worry, I have your back!  This is a list of products that helped me thrive in my business this year. I’m not affiliated with any of these products; I’m just really enthusiastic about sharing what goods and services helped me out!

End of the Year Gift Guide for Your Favorite Small Business Owner 2021

One book that came up over and over again as a must read was Profit First by Mike Michalowicz.  After receiving it for Christmas, I promptly read it in 3 days and set about using the skills and practices it prescribed. I can honestly say it was the best decision that I’ve made to grow my business.

Book Review: Profit First

M. Root Bookkeeping officially opened 2 years ago today! As I was looking for ideas on how to commemorate this milestone, I came across this phrase “Two Legit 2 Quit” and while not grammatically the most correct, it rang true on so many levels — plus, it made me smile. I've learned a lot, so I thought I’d take a look back and reflect on some of the business lessons I’ve learned over the last two years.


Lessons Learned in My First Two Years as a Freelance Bookkeeper

If you’ve been in the financial world for any length of time, you’ve probably heard the terms “accounts receivable” and “accounts payable” being tossed around. Although these words may sound similar, they’re actually very distinct.

Bookkeeping Basics: Accounts Receivable vs Accounts Payable

Last month, I talked about the importance of knowing how to read your financial records. It’s hard to grow your business, if you can’t tell if your company is making money or losing money after all! But maybe that doesn’t apply to you. Maybe you’ve got the financial records down, but you’re still struggling with whether or not to use cash-basis or accrual accounting. What’s the difference?

Bookkeeping Basics: Cash-Basis or Accrual Accounting?

One of the many confusing things about starting your own small business is the sheer amount of paperwork you have to go through. From registering your business to figuring out tax forms to (eek!) hiring employees, there are a lot of small details to remember and keep organized.

Bookkeeping Basics: Three Financial Statements that Small Business Owners Should Know How to Read (and How to Read Them)

QuickBooks is one of the handiest tools available to bookkeepers these days, but sometimes it can be a little daunting to use! There are so many seemingly hidden secrets and ways to use it.

Bookkeeping Basics: Five QuickBooks Tips and Tricks

It might seem confusing to see a bookkeeper and then see an accountant. What's the difference anyways?

Bookkeeping Basics: Should You See a Bookkeeper Before Seeing an Accountant?

Last year was a whirlwind. Between the fear of getting COVID, the election, the ever-changing regulations on how to run your business...

Six Ways to Get Your Business on the Right Track for the Next Year

How do you know if virtual bookkeeping is right for you? It's right for you if...

Four Reasons Why You Should Hire a Virtual Bookkeeper

Taxes are coming! What, when, and which ones are important for small businesses?

Bookkeeping Basics: The 2021 Tax Year for Small Businesses

M. Root Bookkeeping has had a lot to celebrate this year and has overcome some big challenges.

2020: Year in Review

You know you need help, but you're not sure what kind. Which do you need: an accountant or a bookkeeper? What’s the difference?

Bookkeeping Basics: How Does Bookkeeping Differ From Accounting?

It's important to take care of our mental health. Here are 5 dos and don'ts you can try right now.

Mental Health Motivations

From organizing to connecting with clients, here are some of my favorite things I like about bookkeeping

5 Things I love About Bookkeeping

I know I am not the only one that has been affected by the COVID-19 pandemic. Life changed dramatically for everyone in just a couple of days. Many of us went from a 'go, go, go' mentality and lifestyle to not even being able to leave our homes. For me...

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