Better Bookkeeping Buzz
Quick tips, business trends, and financial "buzz" to keep your business on track.
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 We're excited to welcome Left of Center Productions to Capri Bookkeeping Solutions! Left of Center Productions (LOCP) is a full service Entertainment Agency that works with the most popular artists of today as well as those from the past. This covers all genres of music, comedy, guest speakers, celebrities, sports and public figures. We sat down with Linda Lewis, Founder of Left of Center Productions and Talent Agent, to learn more about her agency, clients and insights on being a small business owner today.
Q. What's your biggest challenge as a small business owner? Keeping our business going with a smaller staff and keeping morale high since all of our 2020 ‘Live’ Events have been canceled. Our goal is to continue to give our clients the same level of attention as we did before Covid 19, to ensure that their events are a success. With a smaller staff and limited resources, we have realized that our relationships are what matter. When you believe in what you are doing 150% then it gives you the motivation to work harder. We are optimistic that we will come through this, though and hopefully incorporate the positives aspects of doing an event virtually with the live events once we are on the other side of Covid 19. Q. Why did you decide to seek bookkeeping services for your practice? Before Covid-19, our business was beginning to grow to the point that we felt we needed help. We found that our small staff of four did not have the time or expertise to meet the demands of our growing business. Q. Tell us about your experience working with Capri so far? One of the best decisions we made for our business was working with Capri. Andrea and Natalie jumped right in and helped us create a workflow with our accounts that made sense and was much more efficient. This allowed us to focus on other aspects of the business in order to continue to grow. They have given us peace of mind and have taught us so much about bookkeeping, which has been invaluable!
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 One of the most essential steps to building a successful small business is having the right team working along side you! Here at Capri Bookkeeping Solutions, our team is poised for success and it's for good reason. I believe in hiring a staff that shares my values both personally and professionally. I also know that setting up my team for success is in my business's best interest and my clients. Today I'm sharing some of my tips for building a winning team within your small business.
Hire the Right Team The first step is to identify and understand the culture you are building within your company. What are your priorities as a business owner? What are the qualities that resonate with you and your business? Once you've identified the company culture, you can choose qualified candidates that fit perfectly within your values. Empower and Motivate After onboarding your new team members and acclimating them to your company process, it's important to check-in, provide feedback and encourage them. Offering advice as well as motivating your team is part of being a good leader and a way to create an environment for success. Invest in Your Team To successfully grow your business, you need to invest in your team. It's a win-win for both you and your staff. As you provide new outlets, projects and responsibilities to team members, they can flourish within their careers and your business thrives. –Ethan Capri, Founder and CEO, Capri Bookkeeping Solutions
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 We're excited to welcome Goldstein & Mignogna Family Law Attorneys to Capri Bookkeeping Solutions! Goldstein & Mignogna. P.A. is a law firm specializing in Family Law and Assisted Reproductive Technology Law. The firm is located in Marlton, New Jersey and represents clients throughout the state of New Jersey. We recently sat down with Partner Melissa Mignogna to learn more about her practice, mission and insights on being a small business owner today.
Q. Why is family law and reproductive rights important to you?
A. These areas of law are very important to us because they are areas of law that have a direct impact on individuals and their families. We enjoy working with people directly and helping them through challenging times. In both areas, it is extremely rewarding for us to see our clients' transformation while working through a challenging divorce or becoming parents for the first time. Q. What types of clients do you serve? A. Our clients vary from stay-at-home parent(s) to business owners. We serve clients throughout New Jersey and focus our practices on clients in Burlington, Camden, Gloucester, Mercer, Monmouth, Ocean, Atlantic, and Cumberland counties. Q. How have you adapted your business during Covid-19? Our practice opened on April 1, 2020, so it was a challenging time as a new business owner in the middle of a pandemic. I am happy to say that despite those challenges, we stayed connected and available to our clients. We are fully accessible to our clients, other attorneys and the court via our cell phones, office phones, or via video conferences. We have conducted meetings via video conferences and continue to represent our clients in Court also via video conferencing. We have stayed up-to-date on any and all announcements and changes in Court rules as the Courts continues to operate completely virtual. Q. What's your biggest challenge as a small business owner? A. For me, the biggest challenge is finding the right balance. I now have three full-time jobs- lawyer, business owner and mother (to 2-year-old Violet). I am finding the new challenges rewarding and motivating. I very much believe in showing Violet that women do not have to choose between a family and a career. Q. Why did you decide to seek bookkeeping services for your practice? A. Amy and I figured out very early on in our new business venture that to be successful, we will have to rely on people who can do things for us better then we can and it has made a huge difference. It was very hard the first several months before we had bookkeeping services to stay on top of the company's finances while practicing law and managing our clients. Bookkeeping was one of the first things that we outsourced and it made a tremendous difference for us! Q. Tell us about your experience working with Capri so far? A. We wanted easy and reliable and Capri has continued to fit those requirements for us (and more). Our bookkeepers are in constant communication with us, have made us feel very comfortable and have taught us so much in a very short amount of time. We feel fortunate to have Capri helping us with our bookkeeping and payroll needs.
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 If you think bookkeeping begins and ends with organizing invoices and recording transactions, you need an update on the role of a bookkeeper and the critical functions they provide for your business. Sure, keeping organized records and transactions is an essential responsibility, but bookkeeping offers so many more benefits! Today, we review a few ways bookkeeping is more than just record-keeping.
Financial Analysis Our bookkeeping team is updating your books and reviewing financial data daily. We analyze and interpret your financial statements and take a proactive approach to make changes based on your financial needs. Better Budgeting We also monitor cash flow, the payments being transferred into and out of a business. With expert eyes on your cash flow throughout the year, we help with your budget to maximize your business and meet your business goals. Tax and Audit-Ready Financials With accurately categorized expenses and organized records, you will be ready for tax filing or if your business is audited. You'll have peace of mind, knowing that at any time, your books are in safe hands. Cost and Time Saving Outsourcing your bookkeeping will save you time and ultimately money. By paying an outsourced certified bookkeeper, you automatically increase the value of your firm. It means you don't have to pay for things like payroll taxes, overhead and, sick leave. Plus, you'll be able to focus on other areas of your business instead of being behind the desk balancing the book. |
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