Applied Management Group: 262-620-3319
I am Mike Westmore. I am the owner of Bookkeeping by Mike LLC, and I provide bookkeeping services to small businesses. My mission is “To help small business owners take control of their finances through sound analysis and advice to achieve prosperity”. About me My background might...
One of the greatest challenges business owners face in the current economy is finding and hiring quality employees. When the construction markets crashed in 2008, many workers in the skilled trades left to pursue employment in an industry with a more stable outlook. When the...
Reconciliation – did you cringe? Do you shudder at the thought? Account reconciliations don’t have to be that stressful. Although admittedly, to get to that point they are not stressful does take some prep work. Just like any job you have to have the proper...
As business owners and managers we want to know where our money is coming from and where it is going; or better known as income and expenses. Within your software program there is more than one way to track where your income is coming from...
So now we know… there are two kinds of financial statements…the one that everyone loves better known as the Income Statement and the one that no one ever really pays attention to better known as the Balance Sheet. But we also now know that both...
You have the good, the bad and the ugly with money! When it comes to your Accounts Payable and Accounts Receivables you never want them to be anything but good! And you really never want to them to be the bad or the ugly!! How does...
The forgotten statement.. yes it is true there is a forgotten financial statement...
Profits we all want them! We all love them! Heck that is what we all work for profits – positive profits! We did not become business owners to pay others to work for them or to go in debt – we became business owners to...
I know…I know I can hear all of you saying it right now – It took you long enough! Yes it’s that time! It’s time to look at your Income Statement! Everyone is always so interested in their Income Statement. Those are usually the first questions...
We have all used them. Some of us rely on them on a daily basis. Some people don’t even leave their driveways without having it on. It has become a habit and a natural part of driving. What is it? A GPS! Why do we...