Protea Financial was founded in 2014 to provide high quality out-sourced accounting at an affordable price. Given Protea’s flexible work environment, the Company especially appealed to accountants who wanted to re-enter the work force after taking time off to start a family. This allowed Protea to attract extremely talented individuals who were overlooked. Over 80% of both Protea’s…
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Advantages of a Virtual Bookkeeper Over a Physical Bookkeeper
If you recognize that your business has reached the point of needing a bookkeeper, you have two options: you can hire a local bookkeeper you can meet with in person, or you can hire a virtual bookkeeper. While outsourcing your bookkeeping to a virtual contractor is a fairly new concept, there are a number of…
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The Benefits of Hiring a Bookkeeper with QuickBooks Experience
Bookkeeping is not a new science. Historical records indicate bookkeeping existed as early as 6000 B.C. Ancient Babylonian kingdoms recorded inventory from crops. Bookkeepers in Greek and Roman societies counted and noted agricultural crops, as well as payments to farmers. While bookkeeping may have been around for thousands of years, they are just as important…
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Protea Conversations: Wilder Clements
Protea Financial was founded in 2014 to provide high quality out-sourced accounting at an affordable price. Given Protea’s flexible work environment, the Company especially appealed to accountants who wanted to re-enter the work force after taking time off to start a family. This allowed Protea to attract extremely talented individuals who were overlooked. Over 80% of both Protea’s…
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Options If You Want To Move Away From Paper Checks
Researchers have noticed a shift in the last two or three years in the business check writing habits of managers and owners. While the number of people using other forms of payment besides checks has been increasing, the number of businesses relying on paper checks as payment has steadily declined. There are many reasons why…
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What is Gross Margin and Why is it Important?
As a business owner, you understand how important bookkeeping is. The information a professional bookkeeper can provide will allow you to make informed decisions about your business. One piece of information your bookkeeper can provide is your company’s current gross margin or gross profit margin. Gross profit margin is a good yardstick for measuring how…
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