People usually want to talk about whether bookkeeping software has good invoicing or pretty reports, but those aren't the features that will make or break your bookkeeping habit. After thousands of hours of bookkeeping, here are the criteria I use for evaluating financial software.

Your balance sheet showcases financial strength and exposes financial cracks in your business. Episode 32 walks you through how your balance sheet works and how it helps you.

The Profit & Loss statement (aka P&L, aka Income Statement) is the first of two key financial reports that help you stay in touch with the financial health of your business.

Daily bookkeeping will a) keep your financials perfectly accurate and current, b) help you develop fluency in the language of business quickly, and c) maintain your financial stress at an all-time low. And it only take 5-10 minutes per day.

When I borrow money to fund my business, how do I track the money into my business? How do I track the payments to the loan? Are the payments a business expense? Let's clear all that up for you.

Not all the money that flows into your business is 'revenue,' and not all the money that flows back out is an 'expense.' In this episode I explain the different types of inflows and outflows. Oh, and we also need to cover what happens in your books when money moves around inside the business.

This is the first in a multi-part series where I'll teach the fundamentals of bookkeeping with the goal of persuading you that you can (and want to be) your own bookkeeper.

In this episode I start with the basic unit of all bookkeeping: a single transaction.

Your business is a creative outlet, a passion project...maybe even your life's work. That's why it has to be profitable, and profit is a choice.

I've watched my friend Phil grow a company that carried him across the financial finish line. Turns out being 'finished' isn't all it's cracked up to be. Episode 25 talks about crossing the 'freedom line' instead of the 'finish line.'

It's too easy to forget how important and value one-on-one connections are in online business. Here are three stories of how I became friends with "powerful online influencers." (Spoiler: everyone is a powerful online influencer.)