Bookkeeper planning to start ‘tech support’
How did your business start?
I have been in the bookkeeping business since my first job at 16, but started my own venture in 2002. I wanted to provide dependable and trustworthy service to the community.
What do you sell?
Service includes but is not limited to: up to date daily, monthly and quarterly account maintenance; accounts receivable, invoicing; accounts payable; payroll and payroll taxes, including tax reporting quarterly and year end, W-2s and 1099s; bank reconciliations; account auditing for CPA and year end; sales tax calculation and reporting; required financial reporting on the basis that the client requires; Quickbooks installation and maintenance; Quickbooks point of sale installation; client accounting education; insurance requirements and audits, liability and workman’s comp.
What positive lessons did you learn during the recession?
In reality, the economy has taken a downturn, we all know that. Small business owners are adjusting and adapting quite successfully in this valley. Not only are they conserving resources but they are cutting back expenses and bringing things in house when they would have normally outsourced certain things such as bookkeeping.
I am looking to help those with bookkeeping needs, requirements and general questions. I want to help small businesses in the valley take on their books with confidence and gusto. I believe that with a little help, answering a few questions and providing the small tricks and trade secrets that I have learned over the years, the small business owner can handle their books just fine.
What strategy do you use to hire good people?
Personality and adaptability. In a business such as bookkeeping, no two clients are the same, and we must adjust and adapt the required skills to match the client and business needs. With multiple clients, that is a must in an industry that ranges from construction and property management to retail, real estate and beyond.
What is your strategy for growth in the next year?
I am looking to expand my business to accentuate the parts that I love the most and provide a service that is lacking in the valley, tech support for bookkeeping, if you will. Providing direction and understanding in a very confusing and often intimidating world of accounting. My goal is to take the misunderstood accounting world and put into terms that a small business owner can understand and apply. Provide tips, techniques and tricks to make the process more efficient and help the individual or small business to work smarter not harder. A point in the right direction.
What is the best thing about running a business here?
We live in paradise. Everyone in this valley works hard so they can play hard. We have the ability to step outside our front door after a hard day and get lost in the wilderness, hit mushroom rock on your bike or on foot, ski with your clients on your lunch hour or shoot the wave in West Glenwood. We have extraordinary opportunities to own our own business and if done right … well, you have more time to play.
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For the last decade Ken Murphy kept building on his plans for a River Outfitting store.