FinancePal vs AccountsBalance 2023 Comparison
As you build a business, it is essential to put in place administrative tools that will assist you in managing daily operations, including financials. Today, many businesses are turning towards online bookkeeping and accounting services to handle their bookkeeping needs. Many of the services available today offer a variety of options that can be customized […]
Bench vs AccountsBalance 2023 Comparison
Finding the right bookkeeping service can be a challenge for most small businesses. Here are just a few areas an average small business needs their accounting service to handle: bookkeeping, catch-up services, monthly reporting, and organizing everything in preparation for tax season. Each bookkeeping service currently on the market today offers unique specialization, allowing them […]
9 Must-Know Bookkeeping Tips for Entrepreneurs
Entrepreneurs take risks, juggling so many different aspects of starting and building a business. For many entrepreneurs, once the business is viable, they sell it and move on to create the next startup. Entrepreneurial bookkeeping is critical since it will provide the basis for determining the value of their startup to figure out the […]
9 Benefits of a Bookkeeper You Should Consider Before Hiring
Opening your startup business is full of challenges and requires you to learn how to juggle multiple hats. From the financials to sales, you are in charge of making sure everything is completed on time and that your clients are happy. But what happens when your business starts to grow and juggling all those […]
7 Steps to Hire the Right Bookkeeper For Your Small Business
Your business is growing, and new opportunities are around the corner, but you are struggling to determine whether you can move forward with them. Why? Most often, business owners are wearing multiple hats, and while an opportunity might bring greater sales and potential profits, the truth is they don’t have enough time in the day […]
How Much Does It Cost to Hire a Bookkeeper? Bookkeeping Hourly Rates Explained
Success comes with its own set of challenges. Your sales are through the roof, but so is the pile of transactions that you need to get recorded into your accounting software. Before you drown in receipts, invoices, and payments, you decide it’s time to hire a virtual bookkeeper or a bookkeeping service. At this […]
Customer Acquisition Cost (CAC): The Ultimate CAC Guide
Looking to learn about Customer Acquisition Cost (CAC)? You’ve come to the right place. We’re going to break down everything you need to know in this article and offer some examples so you can see it in action. My name is Connor Gillivan. I’m an Entrepreneur and I’ve scaled multiple companies to 6, 7, and 8 […]
Monthly Recurring Revenue (MRR) | Formula, Explanation, & Examples
Looking to learn about monthly recurring revenue (MRR)? MRR is a key term to understand as you scale an agency, a SAAS company, a marketplace, or other digital service companies. My name is Connor Gillivan. I’m an Entrepreneur and I’ve scaled multiple companies to 6, 7, and 8 figures with monthly recurring revenue. Right now, […]
9 SAAS Bookkeeping Mistakes & How To Avoid Them
Looking to elevate your SAAS bookkeeping? Running a SAAS business without having proper bookkeeping can break you. My name is Connor Gillivan. I’ve been an Entrepreneur since 2009. I’ve built 8+ companies to 6, 7, and 8 figures with an exit in 2019. Today, I run AccountsBalance, EcomBalance, and Outsource School. I’ve worked with 100’s […]
What Is Lifetime Value (LTV)? Definition, Examples, & Formula
Lifetime Value (LTV) is a measure of the average revenue you generate from each of your customers over a given time period. In this article, we’ll dive into everything you need to know about LTV. My name is Connor Gillivan. I’m an Entrepreneur and an Owner of AccountsBalance, EcomBalance, and Outsource School. Since 2009, I’ve […]
