Every day the bookkeeper should organize paperwork and make sure that money collected during the day lands in the bank. Money isn’t truly accounted for until it lands into the banking institution.
Past News ReleasesRSS
Evanston, IL (PRWEB) September 19, 2016
Rebecca Berneck is an accomplished motorcycle racer, focusing on land-speed racing. She has set land-speed records with the East Coast Timing Association and at the Bonneville Salt Flats with the American Motorcyclist Association. In her other life, as founder and CEO of Officeheads, a financial management company, Berneck teaches entrepreneurs to operate financially healthy organizations.
“The adrenaline rush of racing is like a nitrous boost to my soul that I carry with me in business and my personal life,” said Berneck. “In fact, there are numerous parallels between racing a motorcycle and winning at business.”
In order to illustrate how the Big Head of Officeheads takes her motorcycle racing experience and applies it to her clients’ businesses, Berneck lists the following three tips:
No. 1: Gather a pit crew. “It is important to understand the people who will make up your financial management team,” says Berneck. “Know the goals each will strive to meet, and the skills and capabilities of each, including the bookkeeper, who accomplishes financial tasks; accountant, who ensures the accuracy of reports; analyst or CFO, who manages cash flow; CEO or strategist, who grows the company; and the CPA, who manages tax liabilities.”
No. 2: Follow the track map. “It is important to understand and follow the map that will guide you to perform the necessary task at the right intervals to operate the most efficient financial engine,” adds Berneck. “For example, every day the bookkeeper should organize paperwork and make sure that money collected during the day lands in the bank. Money isn’t truly accounted for until it lands into the banking institution.”
No. 3: Race prep. “Once the right tools have been configured, the people are ready, and the plan is in place, you are ready to manage your future finances,” concludes Berneck. “Before you jump in, however, you must clean up, convert and migrate your historic data into your new system so you can report on and analyze since the inception of your books.”
Officeheads provides impeccable bookkeeping services, accounting services, and financial analysis services customized to best assist entrepreneurs, educating and coaching them to operate healthy businesses. Officeheads complements its financial management services with business growth strategies. For more information, please call (847) 866-8877, or visit http://www.officeheads.com.
About the NALA™
The NALA offers small and medium-sized businesses effective ways to reach customers through new media. As a single-agency source, the NALA helps businesses flourish in their local community. The NALA’s mission is to promote a business’ relevant and newsworthy events and achievements, both online and through traditional media. For media inquiries, please call 805.650.6121, ext. 361.