Episode 10: Small Biz Accounting & Finance

Mar 19

n this episode, host Kerri Roberts interviews Alison Carney, CEO and founder of Domino Bookkeeping, about the importance of finance and accounting for small businesses. Alison highlights common misconceptions and overlooked areas in finance and accounting, emphasizing the need for specialized skills and guidance. She explains the primary benefits of engaging in fractional CFO services and how access to financial expertise contributes to the growth and success of small businesses. Alison also discusses the challenges and issues that arise without proper financial management and oversight. She shares her personal journey and motivation to pursue a career in accounting, focusing on small businesses. Additionally, Alison emphasizes the role of technology and automation in accounting solutions and offers advice for small business owners considering outsourcing their finance and accounting functions.

Takeaways

Small business owners often have misconceptions about the need for bookkeeping and accounting services, but specialized skills and guidance are crucial for making sound financial decisions.
Engaging in fractional CFO services provides small businesses with the expertise and support needed to bridge the gap between day-to-day bookkeeping and long-term financial decision-making.
Proper financial management and oversight help small businesses avoid common pitfalls, such as not knowing what the business can afford, difficulties obtaining loans, and surprises in tax bills.
Technology and automation play a significant role in accounting solutions for small businesses, allowing for more efficient and accurate financial management.
Outsourcing finance and accounting functions to a specialized professional can provide small business owners with the expertise, guidance, and strategic planning necessary for long-term success.

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Find out More about Alison and her company here:

Website: www.dominobookkeeping.com

E-Book: https://www.alisoncarniemba.com/5strategies

Facebook: - https://www.facebook.com/dominobookkeeping

LinkedIn: Business: linkedin.com/company/domino-bookkeeping-llc Personal: linkedin.com/in/alison-carnie

Instagram: https://www.instagram.com/dominobookkeeping/ @dominobookkeeping

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