As with many cycles in business and life, our country has reached a point in time when generations are moving into different stages of their lives, giving rise to new opportunities for less experienced individuals. The shift brings about a mixed bag of challenges and benefits. There is likely sadness and some grieving as experienced,…
Read More
Information Your Bookkeeper Needs from You
The pandemic has changed many of the types of business success stories. For example, one local restaurant saw their business traffic fall to nearly nothing in the face of pandemic shutdowns. Instead of closing the business, the restaurant switched to carryout and delivery of food and liquor, and thrived. Your business has managed to thrive…
Read More
Where We Are with COVID In the Workplace
The Spring of 2022 marks the beginning of the third year of the COVID-19 pandemic. While many Americans believe the pandemic is over with life returning to pre-pandemic normal, it is certainly not behind us. The landscape of the pandemic has merely shifted to a new “normal”. This new normal includes continuing mask mandates, vaccine…
Read More
Protea Conversations: Chet Laws
Protea Financial was founded in 2014 to provide high quality outsourced bookkeeping and accounting at an affordable price. Given Protea’s flexible work environment, the Company especially appealed to accountants who wanted to re-enter the workforce after taking time off to start a family. This allowed Protea to attract extremely talented individuals who were previously overlooked. …
Read More
7 Tasks You Can Ask Your Bookkeeper to Do for You
You’ve got a great bookkeeper. They are organized, detail-oriented and understand the basic concepts of accounting. They keep your books in order, perform analyses and balances, and can handle even the most complex of tasks. They are the perfect business partner, and they are great at what they do. However, are they doing everything they…
Read More
The Accounting Equation
The accounting equation is the most important piece of information any accountant can learn. Anyone starting out in the field of accounting or wants to just better understand the account equation should take time and learn the equation. It really a very simple formula. Assets = Liabilities + Equity This straightforward equation on a company…
Read More
