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Patrick Accounting Blog

Your Financial Partner Through Tough Decisions

By Matt Patrick / March 18, 2020 / Comments Off on Your Financial Partner Through Tough Decisions

Through the uncertainties you are facing, we at Patrick Accounting and Whirks strive to be a guiding light, a sounding board, and a friend. We know you have tough decisions to make that will impact your team and your business. Here are some of the actions we are taking to help our clients, who are…

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How Your Bookkeeper Can Help Your Small Business Be More Profitable

By Matt Patrick / February 6, 2019 / Comments Off on How Your Bookkeeper Can Help Your Small Business Be More Profitable

This past Sunday, millions of people tuned in around the world to watch Super Bowl LIII. By now, it shouldn’t be a spoiler to let you know that the Patriots won (again), and quarterback Tom Brady will soon be fitted for ring number six. I like to say one for his other middle finger. Even…

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Top 3 Small Business Accounting Software Options Compared

By Matt Patrick / September 26, 2018 / Comments Off on Top 3 Small Business Accounting Software Options Compared

In last week’s blog, we talked about what to look for in accounting software. With so many software products out there, it can be pretty overwhelming as a small business owner to figure out which one is best for your needs. And with an actual business to run, do you really have time to wade…

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How to Understand Your Cash Flow Statement

By Matt Patrick / August 21, 2018 / Comments Off on How to Understand Your Cash Flow Statement

This is part four in a series of blogs we’ve created to help you, the small business owner, be able to better wrap your head around your essential financial reports. So far we’ve covered:   Blog #1: How to Make Sense of Your Most Important Financial Statements (an intro to the series) Blog #2: How…

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How To Understand Your Balance Sheet

By Matt Patrick / August 14, 2018 / Comments Off on How To Understand Your Balance Sheet

In last week’s article on understanding your most important financial statements, we kicked off a series of articles to help you, the small business owner, confidently understand your basic financial statements. We used the illustration of learning to ride a bike to show that even though learning how to read your numbers can seem daunting,…

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How To Make Sense of Your Most Important Business Financial Statements

By Matt Patrick / August 7, 2018 / Comments Off on How To Make Sense of Your Most Important Business Financial Statements

Understanding your financial statements is crucial for making good business decisions Many business owners avoid their financial statements because they lack the time to figure it all out There are three financial statements every business owner needs to understand We’ll help you get a better understanding of your statements so you have greater clarity in…

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How To Choose The Right Accountant & Bookkeeper For Your Business – 7 Questions To Ask

By Matt Patrick / July 31, 2018 / Comments Off on How To Choose The Right Accountant & Bookkeeper For Your Business – 7 Questions To Ask

If you feel like having a full-time live-in nanny (think: The Brady Bunch’s “Alice”) is a little pretentious, there’s a new trend among busy mommies: “Mother’s Helpers.” In case you’re already thinking, “Hold on, Matt. This is a bookkeeping/accounting blog, and you’re a guy. Why in the world are you talking about mommy topics?”…stay with…

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Patrick Accounting Announces Merger with the Massey CPA Group

By Matt Patrick / July 27, 2018 / Comments Off on Patrick Accounting Announces Merger with the Massey CPA Group

Patrick Accounting of Memphis and Massey CPA Group of Sherwood, Arkansas are pleased to announce their merger effective immediately. “I am eager for the opportunity to join forces with such a reputable firm,” says Matthew Patrick, CPA and Managing Member, Patrick Accounting and Patrick Payroll. “The Massey Group’s team and culture is very similar to…

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How to Know When to Outsource Your Small Business Accounting & Bookkeeping

By Matt Patrick / July 3, 2018 / Comments Off on How to Know When to Outsource Your Small Business Accounting & Bookkeeping

If you are reading this article, you are more than likely a small business owner who has recently said something to the effect of, “Aaagh! This accounting stuff is driving me crazy! I have got to find someone to help me with this!” Every small business hopefully reaches the point where things are growing beyond…

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