The Bean Ninjas Podcast

The Bean Ninjas Podcast

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The Bean Ninjas Podcast episodes

  • 5. Accounting in a Bookkeeping Company – What Really Happens?
    In Episode 5 of The Bean Ninjas Podcast, Meryl Johnston, Co-founder of Bean Ninjas, takes me into her company’s accounting department to reveal their processes, reporting, and internal controls. Bean Ninjas accounting practices Many of us have the story of the plumber with the leaky taps… but at Bean Ninjas there are no leaky taps. […]
    36 min
  • Inside An Accounting Company’s Accounting

    In Episode 5 of The Bean Ninjas Podcast, Meryl Johnston, Co-founder of Bean Ninjas, takes me into her company’s accounting department to reveal their processes, reporting, and internal controls.

    In this episode …

    We learn all about Bean Ninjas’ own accounting department, its processes, and reporting metrics. Meryl also discusses how she set up her own wage as CEO and how that helped reduce her personal risk as a startup CEO.

    Lastly, we learn how to prevent a rogue team member within your business perpetrating fraud.

    • Meryl’s Philosophy of “Never be a plumber with a leaky tap.”
    • Accounting Department Overview
    • Reporting and Metrics
    • Meryl’s Unique CEO Wage Setup
    • Internal Controls and preventing fraud
    • Remember to listen weekly to learn more of Meryl’s extraordinary tips for growing your business fast.

       

      Here’s what is coming next:

      Bean Ninjas is a 100% remote and international company, with employees and contractors located across 6 different countries and just as many time zones. How did they find and retain the right team members? Join us next week to find out!

      Want more accounting advice from Meryl Johnston? Check out these blogs next;

      • Why Bank Reconciliations are Critical
      • How to prevent fraud using Xero
      • Who do you need on your accounting team
      • 10 questions to ask before you hire a bookkeeper
      •  

        36 min
      • A Reflection from 3 years of Bean Ninjas

        In Episode 4 of The Bean Ninjas Podcast, Meryl Johnston, Co-founder of Bean Ninjas, sits with us to chat about life after 3 successful years at Bean Ninjas.

        From winning Awards to losing a co-founder, Bean Ninjas has not just survived, but grown into an international business. During 3 short years, Meryl has consistently beat the odds and grown her business year after year.

        In this episode …

        The episode is a quick trip down memory lane and a bold look into the future.

        Meryl and I talk about making decisions quickly, taking time off without checking emails, balancing short-term cash flow with long-term growth, and more including;

        • Winning the Xero Bookkeeping Partner of the Year 2017
        • Attending DCBKK
        • Hosting DCx with Ben
        • Changing to Remain Successful
        • Remember to listen weekly to learn more of Meryl’s extraordinary tips for growing your business fast.

          Here’s what is coming next:

          In the upcoming episodes of The Bean Ninjas Podcast, we’ll discuss building a training and education organization, prioritizing personal development, and managing a remote staff.

          43 min
        • The Breakup – Weathering the Departure of a Founding Team Member

          In Episode 3 of The Bean Ninjas Podcast, Meryl Johnston, Co-founder of Bean Ninjas, tells us how she and Co-Founder, Ben were able to survive Ben’s exit from the company, how their original agreement set the tone for a peaceful split, and what she recommends to avoid breakup issues.

          Meryl walks us through each step of the breakup and reveals how she and Ben were able to weather even the most difficult conversations and decisions

          In this episode …

          The episode is a transparent look at what happens when a founding member decides to leave the company and how to avoid negative impacts on the business in the process.

          Meryl takes through the highs and lows of running realizing it was time to buy Ben out and everything that happened next including;

          • The writing on the wall; signs that a change was needed
          • The Respectful Split – joint interview with Ben and Meryl on the TMBA Podcast
          • Valuing the business for buyout preparation
          • Breaking the news to the team
          • Creating a transition that benefits everyone
          • Stay tuned until the end when Meryl gives us her must-haves for co-founder agreements.

            Here’s what is coming next:

            The next episode of Bean Ninjas Podcast is a review of Bean Ninja’s first 3 years. We discuss their Xero Bookkeeping Partner of the Year Award, Meryl’s decision to raise capital, the DCBKK Conference, how she and Ben are still partnering in other ways, and Bean Ninja’s first baby!

            41 min

          About The Bean Ninjas Podcast

          From the publisher's feed

          The Bean Ninjas Podcast takes listeners behind the scenes and deep inside the company. Discover insights on how they're growing a global bookkeeping, accounting, virtual CFO, and tax service for 7 and…