I believe everyone has good intentions in life to start out with. We commit to reading so many books a year, finally starting that college degree, or simply taking out the trash before we go to bed at night. Quite often, good intentions fall short of their desired outcome. As a fallible human being, I am no different. Here are my good intentions for this blog, what I hope for it to become, etc.
Nobody proffers when a professional uses words that other people don't understand. It’s the classic case of going to the doctor, and instead of her telling you that you have a problem digesting your food, she uses words like gastrointestinal deficiency. Every professional does it: Accountants, Lawyers, doctors, etc. After all, it’s job security right? Well not here. The Dashboard Digest is a place for both the experienced business owner and the one right out of the gates to subscribe and learn everything they can about accounting in the most user friendly way possible. We have a policy of straight talking and simplicity. So here's how it will work:
I am going to choose a topic that I see business owners struggling with on a daily basis. Then I will write about it each morning from Monday to Friday (That’s the good intentions part. If I miss a day or two, well I'm only human right?). Each topic will be addressed for one week. When I write about a topic, I will avoid the use heavy jargon. I will use examples from my daily life to help the topic come across clearer. I have also opened the blog for you as readers to make comments to each post or to ask me and the community on the blog questions.
So, make sure to subscribe and tell all of your friends to subscribe. Why? Because almost everyone has wanted to own a business at one time and if that’s the case you need to be able to understand the language of business...numbers and accounting. It will be one of those blogs with a purpose. We will learn together, improve our businesses together, and hopefully you'll be able to sleep better at night when it comes to understanding the accounting that takes place, or should be taking place for that matter, within your company.
So what’s next week’s topic? Come Monday, we are going to start talking about why dates are so important. I'm not talking about the ones with your significant other, stay with me everyone. I'm talking about the Accounting Date you assign to an entry in your books. It may not sound like a big deal, but it is. If you get your dates wrong, your books are wrong. There is something accountants like to call the "matching principal". It’s the idea of matching up your revenue and expenses at the right times to reflect what actually happened. So that's next week’s ditty of discussion.
Speaking of taking your significant others on a date, I will be gone from June 1 to June 9. My wife and I are going on a cruise! I will be trying to blog from somewhere in the middle of the pacific ocean so forgive me if my posts that week are a little short.
See you next week!
