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Finding Gratitude: Reflecting on 30 Blessings This Year
I’m not one that experiences depression often, but I have on a couple occasions experienced clinical depression. My first bout was in the fall of 2009. A couple years ago, I experienced another bout and my husband encouraged me to start a gratitude journal. I humored...
Tax Prep 2021: Essential Guide to 1099 Compliance for Business Owners
Tax Prep—What you need to know about 1099s in 2021 Every year I have clients that are really confused about 1099’s which is completely understandable. Let’s face it – they are confusing. Let’s see if I can clear a few things up. First, let’s understand that 1099...
How to Set and Adjust Your Prices for: A Guide for Service-Based Businesses
September is the month I plan I look at costs and my client packages. Last newsletter we covered how and what to consider in a cost analysis. This time let’s talk using that information to set our next years rates. I’m going to say it. No one likes rate increases –...
Analyzing the Cost of Doing Business: A Guide for Service-Based Businesses
I can hardly believe it’s September. September is the month I take to look at two important elements of business: My cost to provide services and what I’m charging my clients. It’s time to compare and make sure that I’m not only covering my costs, but I’m making a...
Staying Connected and Creating an Efficient Team Workflow
Staying Connected and Creating A Team Workflow Managing a team let alone a virtual team has its challenges. I’m an avid reader and yet I still found myself struggling to remember what I’ve gone over with my manager and what I still need to speak to her about. To keep...
The Hiring Struggle: Finding the Right Fit Without Settling
The Hiring Struggle and How To Keep Going I have heard from so many that hiring has become a real challenge. You will hear no different from me. I recently found myself struggling to find the right candidates to fill my bookkeeping positions. Searching for the right...
What I Learned from Investing in a Human Resources Audit
What I Learned From Investing In a Human Resources Audit No doubt about it, I have a growing team. I have had a remote team long before the pandemic and have no plans to change that. I’ve hired for talent, skill and a “can do” attitude. Mike Michalowicz says this in...
10 Essential Steps for Conducting Effective Team Evaluations
As a small business owner, I have designated June as the month to do team evaluations. I know that it is traditional to do it in the team member’s anniversary month, but I was failing to do it on time. When I took a step back, I realized it was because I generally...
The 4 Types of Power of Attorney and Why They Matter
In my last post, I talked about Power of Attorney and the importance of having an updated one. Many of you know that I have served as my brother’s Advance Health Care Directive this year and ultimately had to make the decision to take him off life support. The...
Why Every Adult Needs an Updated Power of Attorney
I’ve written my newsletter almost entirely on business matters that are near and dear to me. I’m known for using myself as an example because I believe it makes the information I’m giving more relatable. I’ve been very silent this year allowing my team to produce...
Join Our Team—Bookkeeper III
SUMMARY: Use accounting background to capture operations of Sooter Consulting Clients per provided Work Order ESSENTIAL DUTIES AND RESPONSIBILITIES: Understand and perform all necessary bookkeeping functions Maintain and record Client transactions, utilizing the...
Join Our Team – Team Captain
Team Captain Job Description Department: Consulting - Client Delivery/Knowledge Services Reports to one of the following positions (when feasible): ? Controller/Manager ? Bookkeeper III ? Team Captain ? Executive (CEO, CFO, etc….) Position: ? Exempt ? Full-Time ?...
Meals Are Now 100% Deductible
Happy New Years! Whether 2020 was good to you or was less than hoped and expected, the year has passed, and we are on to 2021. May this New Year bring you an abundance of joy, happiness, and prosperity. Changes to the tax code are inevitable in December. For example,...
Holiday Wishes From The Sooter Consulting Team
Happy Holidays to all our clients and readers. It’s that wonderful time of year where we gather friends and family. It’s been an unusual year to say the least. I have a tradition to take a few hours by myself each year and just reflect what was good this year. I know...
Essential Records Retention Guide for Small Businesses
Every year I get asked, “What do I need to keep?”. I created the records retention chart to help you with your year-end cleaning. Digital copies are completely acceptable and highly recommended. RECORDS RETENTION CHART PERMANENT RECORDS Annual Financial Statements...