Friday, June 7, 2013

Did You Know, Part 1: Bookkeeping

Did you know that MLE offers a full range of bookkeeping services?  Yup!  We can do everything from simply reconciling your accounts each month, to invoicing clients, to paying bills, and everything in between.  And we can track your expenses by season, client, show, etc.

I think hiring an experienced bookkeeper is one of the most important things you can do as a small business owner.  Our bookkeepers are all experienced horse owners, and even more importantly, they all run their own horse businesses.  In other words ... we get it!  We get that hay needs to be put with your feed expenses and straw needs to be put with your bedding expenses.  We get that hay and grain expenses will go up in the winter and back down in the summer.  

As a small business owner myself, I know the importance of tracking income and expenses.  I also know the value of creating a realistic budget as part of your overall business plan.  Don't have a budget mapped out?  We can help!  Don't have a business plan written out?  We can help with that too!

Our rates are quite reasonable at $60/hour.  I know that at first glance you may think that's a lot of money.  But keep in mind that what may take you an entire day to do, will probably only take our bookkeepers 1-2 hours to complete.  So that frees up an entire day for you!  And we can do all of this remotely; or we can come to you if you're nearby (bookkeepers are in Maryland and Washington).  We can either charge hourly each month, or after three months we can average the hours from the previous three months and charge a flat monthly rate.  

If you're not quite ready to hire a bookkeeper, but don't really understand QuickBooks, we can train you!  If you're nearby, you can come into the office or we can travel to you.  Or we can do online training via Skype.  Simply put, we're here to help!

If you want to learn more, give me a call (301.502.8929) or shoot me an e-mail (margaret@mythiclanding.com).  Remember that consultations are free!

Meet Our Bookkeepers ...

Pam SaulOn-staff Bookkeeper
Pam Saul is the founder of Farm & Equine Business Services, which was started in June 2011.  She has over 30 years’ experience, having started with her family’s Rolling Acres Farm.  Pam started her own business when she realized the need for knowledgeable and skilled bookkeeping services for the agricultural and equine industries.  Pam has been deeply involved in the agricultural industry for many years and serves on many boards and organizations.  This gives Pam a unique perspective on the pulse of current ag/equine business trends and services in the agricultural and equine industry.  Along with her expertise in small business accounting, this gives business owners an excellent resource to build a better business foundation for their specialized ag/equine business.




Ashley ColonelOn-staff Bookkeeper
Ashley Colonel has been working as a bookkeeper and an accountant for 20 years now, working for many different types of businesses, hotels, spas, equestrian facilities, trainers, and restaurants, as well as helping to run a family-owned scenic float-trip company. She started organizing and hosting equestrian camps when she was the Area IX Adult Rider Coordinator from 2003-2005. This later led to the formation of Four Star Management where Ashley combined her bookkeeping skills and her love for horsemanship. She currently manages several equestrian businesses, including Amy Tryon’s and Stephen Bradley’s.
Ashley began riding at the age of 5, taking Western pleasure lessons. When her family moved to Texas, they couldn’t locate a Western riding instructor, but found a Pony Club trainer, and her passion for eventing was born. She has competed through the Intermediate level with her OTTB TB, Numero Uno. They have been together for 12 years now. 




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