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Welcome to Gentle Frog’s Bookkeeping Lily Pad, your cozy corner of the podcasting world where numbers tell a story and bookkeeping blossoms into an adventure! Dive in with Rachel Barnett, seasoned bookkeeper, and successful entrepreneur, as she leaps from one topic to another, guiding you through the riveting ecosystem of bookkeeping businesses. Having journeyed through the challenges of building, growing, and eventually selling her own bookkeeping firm, Rachel brings a wealth of experience ...
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Back office support can make or break your contracting company. Let us move your contractor bookkeeping service off the roller coaster of pain onto the merry go round of peace of mind with our U.S.A. based outsourced contractors bookkeeping services and contractor success M.A.P.
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Should I be doing my own bookkeeping and accounting? Is QuickBooks the best software for me to use in my business, or is there another accounting software I should be using? What’s the best way for me to process my payroll? How can I track my money and cash flow? How do I prepare for my business taxes? What do my financial statements really mean? How can I bring my business to the next level? How can I grow my business? What is the best way to create my business strategy? Should I start a si ...
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I Love Bookkeeping is a global community of Bookkeeping Professionals. We all bleed bookkeeping and want to grow and prosper our businesses. This podcast is for Bookkeeping Professionals who serve clients, and it's for the person who aspires to join our great industry. Join Ben Robinson every week to geek out on Bookkeeping.
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Hey there, I’m Michelle and I love all things Jesus, business and church finances! I help church finance individuals just like you go from feeling confused and frustrated with what you don’t know about church finances, to being more confident in your role while increasing your proficiency and expertise in the church finance realm. Are you tired of Google searches that result in endless pages of answers to your questions about church finances, housing allowances and clergy taxes? Do you need ...
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Bookkeeping is our business and that is all we do. Unlike the competition, we are headquartered Irvine CA and all of our staff is the beautiful USA. Our Bookkeeping services are focused to Small Businesses, CPA/Accounting firms, Franchisors/Franchisees and Venture Capital Firms.We understand that your business has core activities and core competences which require time with your clients rather than monotonous bookkeeping activities. We are geared exclusively to help these firms manage the bo ...
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show series
 
Today's episode of 'Gentle Frogs Bookkeeping Lilypad' delves into the crucial topic of boundaries, focusing on self-reflection and personal values. The discussion centers around the importance of time and respect, two key boundaries that significantly impact our professional and personal lives. We explore effective strategies for communicating thes…
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Each small business decision is like a snowflake gently falling into place and so in this podcast episode, our resident bookkeeping mensch, Paul Rosenblum, invites listeners into the winter landscape of his 30-year entrepreneurial journey. He has skillfully navigated the frosty terrain, sculpting a business niche that mirrored the uniqueness of sno…
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Intuit is always changing things, and not always for the best. Many small and medium size churches still use QB Desktop and it has been my software of choice for the last 27 years. Intuit made the announcement this week that they will no longer make the Desktop version available to new customers effective July 31, 2024. As QB Pro Advisors and bookk…
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The W9 form is an important form, and more than likely, you’ve either had a request for this form, or you yourself may be requesting them from your vendors. This form is used to collect information about others, but knowing in advance that you need to request this information will not only save you valuable time but it will also give you the inform…
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As we approach the end of the year, amidst the chaos of festivities and business closures, managing your books efficiently is crucial. So today, I'm sharing some practical tips to make your bookkeeping process smooth, simple and stress-free. Let's talk about the importance of simplicity in bookkeeping. It's not about the task itself being easy, but…
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This Podcast Is Episode 552, And It's About Why Online Reviews Matter And Ways To Deal With Negative Feedback In today's digital age, online reviews hold immense power and influence over the success of small construction companies. With easy access to social media, Google reviews, and review websites, customers can easily voice their opinions and e…
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When Robyn Welch decided to break away from employment and start her own journey, she didn't need to look far for encouragement. With her older sister already in the First Class family and loving it, the decision was not hard to make. In this interview, we catch her in the early stages of her business with the future vision still taking shape.…
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In this episode of Gentle Frog's Bookkeeping Lily Pad, Rachel Barnett discusses the importance of seizing opportunities and the challenges of balancing a bookkeeping business. Rachel shares her journey from being overwhelmed by commitments to learning the art of saying 'no' and strategically choosing projects. She emphasizes the value of teamwork a…
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In this episode of "Gentle Frogs Bookkeeping Lily Pad," host Rachel Barnett shares her journey as a small bookkeeping business owner. Rachel discusses various marketing strategies she experimented with, including sending postcards, generating curated lists, and participating in community events. She reflects on the lessons learned from these experi…
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Dual tax status = EE for income tax purposes, but considered SE for FICA tax purposes Minister should make ETP throughout the year to help pay for the SE taxes that will be due on their income to avoid underpayment penalties if they owe over $1,000 tax liability EE vs IC IRS link Publication 1779 download HA is exempt from Federal Income Tax, but I…
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There’s often a misconception when it comes to figuring out what you’ll be taxed on in your business. This is normally referred to as your net income. Many business owners will take a look at their business bank account and think this is the number they will use for their net income or what they will be paying taxes on, but it isn’t an accurate way…
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Your customers are at the heart of your business's success, so in this episode, we explore how centering customers in your business can be a game-changer for your growth. We'll explore putting customers at the core of your decision-making and crafting an exceptional journey for them. Drawing from my own experiences as a business bookkeeper, I'll sh…
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In this episode, Rachel shares insights on self-marketing for bookkeepers, drawing from her journey since 2012. She discusses her initial marketing strategies, including Craigslist ads and leveraging client referrals. Rachel reflects on her experiences with networking, emphasizing the value of small, supportive groups and the impact of joining a Se…
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This Podcast Is Episode 551, And It's About Recognizing The Value Of Construction Contractors In Our Daily Lives I was taking a moment to reflect on the challenges for the Pilgrims coming to America. They decided to make the journey with no guarantee of success. To build homes, plant crops, and take care of animals. Then, later, everyone chose to m…
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In this episode, Rachel shares her unique insight in the bookkeeping world and the driving force behind starting this podcast. Rachel also shares a behind the scenes look into what her process is like when pre-screening a potential hiring candidate and how giving meaningful contributions to your network is essential in building a supportive communi…
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Regardless of what's going on in your life or your business, there is ALWAYS something to be thankful for. In today's episode, I go over some items that we should all be thankful for this year. Thanks for taking a listen and I hope you have a very Happy Thanksgiving! xo,MichelleNext Steps:Grab Your Freebies: https://churchfinances.ck.page/6steps bi…
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Navigating the year-end chaos is often top of mind for many business owners, professionals, and accountants during this challenging time when there is so much to do not only in our professional lives but in our personal lives as well. During this year-end rush, it’s easy to worry about how you’ll manage the stress and ensure you not only get everyt…
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Welcome to another short and snackable episode, where I’m simplifying the often-confusing world of fixed and variable spending costs. I've got some bite-sized number pieces for you, making it not only understandable, but actionable. By the end of this episode, you'll be a pro at working out which expense type your spending falls into and boosting y…
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This Podcast Is Episode 550, And It's About Becoming A Better Construction Leader By Practicing Generosity If you have been lucky enough to encounter generous people, you understand they have a unique gift for garnering the respect and admiration of individuals around them. When you are a leader, having a positive relationship with the people who f…
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Our resident bookkeeping mensch, Paul Rosenblum, serves up a Thanksgiving feast of small business bookkeeping insights emphasizing a blend of careful planning, thoughtful choices, and a dash of seasoned expertise. Just as a Thanksgiving table is laden with diverse dishes, Paul explores the buffet of challenges faced by entrepreneurs, from juggling …
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Check your W-4 information - make sure have all required information on all current and past 2023 EE’s and update if needed This is also a good time to update your EE files with any new information or missing info incl. I-9’s Beginning January 2024, the IRS has issued final regulations for filing paper return and you now have to file electronically…
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When you think about the end of the year, do you have goals that you’ve set that you still need to achieve? When you take the time to be intentional about elevating your year-end success, you’ll be sure to end the year with a sense of satisfaction, knowing you’ve done everything you could to wrap up this year not only with achievement but also mome…
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Today, we're diving into a topic that might seem a little dull at first glance, but is absolutely crucial for safeguarding your personal and business data. Having seen my own clients fall victim to cyber crime, I encourage you to pay close attention as I take you through some cyber security essentials for your small business. Cyber crime is evolvin…
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Welcome to Gentle Frog’s Bookkeeping Lily Pad. We’ll dive into what it is like to run a bookkeeping business with realistic expectations and genuine encouragement with the host Rachel Barnett of Gentle Frog. You’ll find an open, welcoming community in this cozy little corner of the internet. To learn more about Rachel and Gentle Frog, check out: ge…
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This Podcast Is Episode 549, And It's About Construction Company Budget Vs. Cash Flow Finding some certainty can make all the difference in the unpredictable construction business world. While the future remains a mystery, budgeting and cash flow forecasting tools can significantly reduce uncertainty, allowing you to anticipate challenges, learn fr…
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Today we will be talking about things we want to accomplish in this last quarter. We will talk about 4 tasks I want you to do: 1. Tell your members about donation deadlines 2. Understand the $250 rule 3. Locate your 501c3 letter 4. Review your insurance policy I hope this gets you off to a good start on checking off those year-end tasks. As always,…
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Payroll might not be the most glamorous topic, but it’s a large part of your business if you have employees. If you don’t have any employees yet, understanding how to add payroll to your business will be extremely important. When you have employees, you need to create a process of paying your employees, ensuring they receive their money on time and…
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Are you aware of what your bookkeeper can and can’t do? I often get asked by my clients to do things well outside my scope. However, this just comes down to people not having a clear understanding of the difference in roles between bookkeepers, accountants, financial planners and legal eagles. So today, I’m bringing you a short and snackable episod…
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This Podcast Is Episode 548, And It's About The True Value Of Networking To Contractors And The Community The ability to network is a fundamental part of running a business. Running a business in isolation is difficult, so it helps to have expert partners and acquaintances available to share ideas with. If you're looking to network with constructio…
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The IRS's plan on tracking digital payments from Zelle, Venmo, and PayPal has been as unpredictable as winter weather. In 2022, they announced a change of automatic 1099’s for $600 or more but then postponed implementation. Our resident bookkeeping mensch, Paul Rosenblum, bundles us up and gets us ready for the cold winter of 2023’s tax season by b…
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In todays episode I walk you through three reasons why generally all love offerings to staff members are considered taxable income by the IRS. It can be frustrating, but the IRS is clear that "income from whatever source derived" is taxable. Take a listen to see what else the IRS has to say on the topic. As always, thanks for taking time to listen.…
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As a business owner, you want to maximize your potential, both in your finances and in your personal growth. Learning how to invest in yourself so that you can become a better business owner is essential to not only your growth but the growth of your business as well. When you grow as an individual, you not only reap the benefits in your personal l…
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Many small business owners fall into the trap of a “do-it-all” mindset. We can think it’s quicker and easier to do all the work ourselves but this just isn’t true, and it’s a quick path to burnout. In this episode, I'm going to explore the incredible power of delegation and how it can be a game-changer for your business. I'll debunk some common mis…
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This Podcast Is Episode 547, And It's About Essential Bookkeeping Practices For Construction Start-Ups Starting a new construction business is exciting but has its fair share of responsibilities. One of the most critical responsibilities is maintaining accurate records of your business transactions. From saving receipts to processing employee payro…
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In this podcast we meet Peter Thorp one of the founding principals of ABN and learn about their important role in the bookkeeping industry. Peter shares a summary of how things are changing, an insight into the likely impact of artificial intelligence and the benefits to the client/bookkeeper relationship.…
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Wahoo! We are back in podcast land and I am SO happy! Thanks for your patience while I worked through a few obstacles. Today we are talking about steps to help you in the budgeting process. They are: 1. Identify & Evaluate the programs and activities most important to your church 2. Define your Church Compensation Philosophy 3. Give your best estim…
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We need to bridge the world of business ownership or your career with your personal development. Taking the time to navigate the complexities of being a business owner or having a career while finding balance in your life is important, but when we start to add the complications of burnout, it really starts to leave you feeling exhausted, overwhelme…
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Today we’re delving into a topic that often baffles small business owners: GST registration. If you've recently taken the plunge into registering for the Goods and Services Tax (GST) in Australia, you're not alone in your uncertainty. Many entrepreneurs find themselves lost in the maze of GST regulations and deadlines, leading to sleepless nights a…
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This Podcast Is Episode 546, And It's About Seven Sure-Fire Ways To Grow Your Construction Business Once your construction business is up and running, it’s essential not to rest on your laurels. Successful business owners always look for ways to grow and maximize their profits. We’ve compiled a guide and checklist to help you identify ways to get t…
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In this podcast episode, our resident bookkeeping mensch, Paul Rosenblum, is like a jazz musician setting the stage by opening up about the reasons behind why he's sharing this content for free. He discusses his late start in bookkeeping and how he's embracing this groove. Paul's driven by the desire to pay it forward, echoing the spirit of jazz me…
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Have you ever wondered if starting a business is right for you? Starting a business is both an exciting and challenging endeavor, and recognizing the right time to start is crucial. Determining the right time to start your own business can be a daunting decision. In today’s episode, I help you determine when you’re truly ready to take the plunge in…
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I'm taking a short break to refresh and gear up for more fantastic bookkeeping and small business insights. During this quick hiatus, let's revisit another fan favourite from the podcast archive. It's all about the 5 mistakes new business owners make, a must-listen for budding entrepreneurs. Enjoy this episode and stay tuned for fresh content comin…
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This Podcast Is Episode 545, And It's About The Implications Of Rising Interest Rates For Construction Contractors In the construction business world, one constant factor you are likely to encounter is change, particularly in the financial landscape. One such change that can bear significant implications for small businesses is rising interest rate…
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When you stay on top of your bookkeeping, you’ll feel more confident and relieved knowing you have financial information you can count on to make smart business decisions. When it comes to your business finances and particularly your bookkeeping, I often hear business owners who are feeling overwhelmed and stressed because their bookkeeping has sta…
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I'm taking a short breather to recharge and bring you even more valuable bookkeeping and business matters. During my quick hiatus, let's revisit a fan favourite from our podcast vault. It's all about pricing for profit and avoiding costly mistakes. This is essential for every business owner to be across. Enjoy this episode flashback and I'll be bac…
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This Podcast Is Episode 544, And It's About Why Banks Won't Lend Money To Your Construction Business Getting approved for a business loan or line of credit is more complicated than qualifying for a personal loan. Small construction business owners must be adequately prepared to meet with a lender to present their business in the best possible light…
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