Shannon Palermo Shannon Palermo

The Benefits of Hiring Independent Contractors for Your Business

As a business owner, you're constantly faced with decisions that impact the success and growth of your company. One such decision is whether to hire employees or independent contractors to meet your business's needs. Hiring independent contractors can offer numerous advantages, and understanding the benefits can help you make an informed choice for your business.

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Shannon Palermo Shannon Palermo

Bookkeepers vs. Accountants vs. CPAs: Unraveling the Distinctions

For business owners, navigating the world of finance can be quite daunting, especially when it comes to understanding the roles of different financial professionals. Three key players often come into the spotlight: accountants, bookkeepers, and CPAs (Certified Public Accountants). While they all play crucial roles in managing a company's financial activities, their functions and qualifications differ significantly.

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Shannon Palermo Shannon Palermo

Bookkeeping Tips for Interior Designers

When it comes to interior design bookkeeping, having a tailored approach really matters! Is your interior design firm looking for a bookkeeper who specializes in your industry and can help move your business toward a more sustainable and profitable future? Reach out to me about how we can work together today!

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Shannon Palermo Shannon Palermo

A Simple and Efficient Bookkeeping Process

When I start working with a new client, it is important that the business owner and I discuss the bookkeeping process and how it all works. We are partners on this journey and communication is key!

While I do customize the process for each client’s needs, here is a quick overview of the typical process when starting with a new client.

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Shannon Palermo Shannon Palermo

8 Reasons You Should Hire a Virtual Bookkeeper

As a business owner, you may have already been thinking about hiring a bookkeeper. Or maybe you think you do not need one. In this article, I will show you just some of the benefits of hiring a virtual bookkeeper instead of an in-house bookkeeper or doing the books yourself.

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Shannon Palermo Shannon Palermo

The Importance of Financial Statements

What is my net income (profit)? What is my equity (capital)? Where is my cash coming from and going to? Do you know the answers to these questions? If not, you should! Using the three most important financial statements will show you the “whole health” of your business. Let’s review them and learn how.

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