J. Oliver Bookkeeping is a full-service bookkeeping company that helps businesses simplify and keep more profits on the table. Check out my interview with the owner, Joy Oliver, to learn more.
- Hello! Please tell us about yourself?
Hello! I’m Joy Oliver. Well, I like “debits & credits” and I love helping people simplify & improve their businesses. Almost 3 years ago, I decided to do bookkeeping on the side. Made a bunch of mistakes and took time off to focus on what was the difference between what I did successfully as an employee, what successful companies did and what not-so-successful companies did that caused them to fall short. I believe in copying success, so I read books, took courses and came up with a system that I tested out on myself and a client and got great results. I found out the hard way that keeping things simple and the correct kind of communication was pretty much all that was needed.
- What services do you offer?
I focus on paying bills and getting paid (AP& AR) for small businesses, all the financial statements, journal entry adjustments & creating spreadsheets to track certain expenses. I also help create budgets & find ways to lower expenses without sacrificing quality and efficiency as well as finding ways to improve cash flow. Also, I am adding coaching to the mix for business owners who aren’t quite ready to hire a bookkeeper but need help when it comes to doing all the administrative work with the rest of their responsibilities..
- What inspired you to start your business?
I wanted to help people without having to punching a time clock. I like the flexibility of it and the fact that technology allows us to be more effective and reach more people. My first 2 clients were in different countries! It basically allows me to meet with like-minded entrepreneurs; business owners & entrepreneurs tend to be more willing to open their minds to different possibilities.
- Business owners have so much to keep up with from day to day. What are some of the primary benefits of hiring a bookkeeper?
You said it when you said “Business owners have so much to keep up with…” If you’re going to own a business, you need someone to help you. We’re all good at certain things and someone that is more experienced in a certain area can offer insight. I meet too many business owners who are terrified or simply perplexed when it comes to their bookkeeping/accounting. It really shouldn’t be that way. Bookkeeping and accounting are tools for the business owner to make the best financial decisions. The best thing any of us can do with our time is that which give us the best return on our investment of our time. We have to be as effective as we can be and if that means handing off the bookkeeping and accounting to a professional who can save you thousands of dollars annually vs losing out on sales and dreading tax season because you’re too busy to keep up with your bookkeeping, then that’s what needs to be done.
- You have an upcoming webinar (wonderful). Please tell us more about that?
Well, it’s an intentionally short webinar (I like to get to the point) designed to help business owners basically take care of themselves & their business first. People are “hoping” there is money leftover at the end of the week/month/year. And that isn’t the way it should be, so I basically dispel the myth that you have to get paid after everyone else gets paid, I also offer a gift at the end that can be used right away, especially since we’re about to close out 2016. I want to help small business owners, particularly those with fewer than 10 employees, to financially put their business & themselves first before they help other people. You cannot help other people “eat” if you’re starving. So, my 2017 goal is to help at least 30 small business owners boost their profit by at least 10% and make sure that when it comes to tax season, all they have to do is press a button: no digging for paperwork. Just send their CPA/tax preparer what they need and be done with it.
- Our readership mostly consists of business owners and aspiring business owners. If you had to give one expert tip to entrepreneurs, what would it be and why?
Keep things as simple as possible by eliminating anything & anyone that doesn’t help you reach your goal. It’s so easy to get distracted these days, but if you ask yourself when you feel like you’re off-track why you’re doing and how is it helping you reach your goal, after a few hundred times, you eventually start avoiding things that get in the way and eventually reach the goal you set or make adjustments to it.