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Updated over 2 years ago,
Bookkeeper / Real Estate Investor: Streamline Your Bookkeeping
You can do this yourself if you have the TIME to spend.
It comes down to having a bookkeeping system with documented processes that make up your system.
A process for…
—keeping up with receipts and paperwork for each transaction that flows through your business.
—categorizing transactions in a way that gives you the best financial picture of your business.
—managing your financial account structure.
—managing your cash flow to make sure each section of your business has what it needs (including paying yourself).
—managing bills and sending invoices.
—reconciling your accounts regularly to make sure everything is accounted for.
—analyzing your financial statements regularly to stay on top of positive and negative trends. This ultimately helps you better make strategic decisions for your business.
—etc
—etc
—etc
More often than not, your time as an investor and/or small business owner can be used on other revenue-generating tasks that you are better at and that will push the needle in your business.
I hope this helps!
__________________________
- Max Emory
- [email protected]