Wize Consulting

Wize Consulting Providing bookkeeping services to entrepreneurs and small to mid-sized businesses.

I save you time and give you financial data that enables you to focus on what really matters most, your business.

Thursday: Know Your NumbersOne good month doesn't necessarily mean your business is growing.Every business can have an u...
09/03/2026

Thursday: Know Your Numbers
One good month doesn't necessarily mean your business is growing.
Every business can have an unusually strong month, or a rough one. That's why looking at a single month by itself can give you an incomplete picture.
Instead, look for trends.
Compare several months and ask:
-Is revenue generally moving up, down, or staying steady?
-Are expenses growing along with revenue?
-Is profitability improving over time?
-Are certain months consistently stronger or weaker?
-How does this period compare with the same period last year?
The goal isn't to overreact to every high or low.
It's to understand the direction your business is moving so you can make decisions based on meaningful information, not just one month's results.
-Wize Consulting
We handle the books, you handle the business!

Wednesday Business Insight: Are You Keeping More of What You Earn?Sales growth is great, but here's another number worth...
09/03/2026

Wednesday Business Insight: Are You Keeping More of What You Earn?
Sales growth is great, but here's another number worth watching:
Your profit margin.
If your business earns $10,000 and keeps $3,000 in profit, that's a 30% profit margin.
If sales later grow to $15,000 but you only keep $3,000, you're making more sales—but your profit margin has dropped to 20%.
That's an important distinction.
Your business can get bigger without necessarily becoming more profitable.
As you grow, don't just ask: “How much did we sell?”
Also ask: “How much of every dollar are we actually keeping?”
-Wize Consulting
We handle the books, you handle the business!

Don't just compare revenue. Compare expenses too.Seeing your sales increase is exciting but increasing revenue doesn't a...
09/02/2026

Don't just compare revenue. Compare expenses too.
Seeing your sales increase is exciting but increasing revenue doesn't automatically mean your business is becoming more profitable.
For example, if revenue increases 20% while expenses increase 35%, you're bringing in more money, but you're also spending significantly more to earn it.
That's why it's important to look at the numbers together.
Ask yourself:
-Is revenue increasing?
-Are expenses increasing faster than revenue?
-Is my profit increasing or decreasing?
-Am I keeping more, or less, of every dollar I earn?
Growth isn't just about bringing in more. It's also about what you're able to keep.
-Wize Consulting
We handle the books, you handle the business!

"My sales are up… does that mean my business is growing?"Higher sales are certainly something to celebrate, but revenue ...
08/31/2026

"My sales are up… does that mean my business is growing?"

Higher sales are certainly something to celebrate, but revenue alone doesn’t tell the whole story.
If your sales increased, but your expenses increased even faster, what happened to your profit? Are you keeping more of what you earn? Are you making progress toward your business goals?
Those are the kinds of questions your numbers can help answer.
This week, we’re looking beyond revenue and talking about how to determine whether your business is actually growing.

-Wize Consulting
We handle the books, you handle the business!

Good bookkeeping needs more than transactions. It needs documentation.Bank feeds are incredibly useful, but they don't a...
08/28/2026

Good bookkeeping needs more than transactions. It needs documentation.

Bank feeds are incredibly useful, but they don't always provide enough information to properly understand every transaction.

Receipts, invoices, statements, and other supporting documents help provide the details behind the numbers.

At Wize Consulting, we don't just want your books to show that money moved.

We want them to accurately show what happened in your business.

-Wize Consulting
We handle the books, you handle the business!

“I'll remember what I bought.”You probably will...Until you're looking at an $86.47 transaction three months later, wond...
08/27/2026

“I'll remember what I bought.”

You probably will...

Until you're looking at an $86.47 transaction three months later, wondering:

“What in the world did I buy?”

Don't rely on your memory to do your bookkeeping.

Save the receipt and, when the business purpose isn't obvious, make a quick note while it's still fresh.

Your future self and your bookkeeper will appreciate it.

-Wize Consulting
We handle the books, you handle the business!

A receipt can tell a story your bank feed can't.Depending on the purchase, a receipt may provide:- Individual items purc...
08/26/2026

A receipt can tell a story your bank feed can't.

Depending on the purchase, a receipt may provide:

- Individual items purchased
- Quantity and price
- Sales tax
- Discounts or refunds
- Other transaction details

That information can make the difference between guessing how a transaction should be recorded and having documentation to support it.

Good bookkeeping isn't just about tracking money. It's about knowing what the transaction represents.

Wize Consulting
We handle the books, you handle the business!

Bookkeeping Tip TuesdayYour bank transaction might tell you WHERE you spent the money.Your receipt helps tell you WHAT y...
08/25/2026

Bookkeeping Tip Tuesday

Your bank transaction might tell you WHERE you spent the money.

Your receipt helps tell you WHAT you actually bought.

A $127 charge from Walmart, Amazon, Costco, or another retailer doesn't tell your bookkeeper whether you purchased office supplies, equipment, inventory, or something personal.

Don't make your bank feed tell a story it doesn't know. Keep the receipt.

-Wize Consulting
We handle the books, you handle the business!

If the transaction is already in my bank account, why do I need the receipt?Your bank or credit card statement shows tha...
08/24/2026

If the transaction is already in my bank account, why do I need the receipt?

Your bank or credit card statement shows that money was spent but it doesn't always tell the whole story.

A receipt can show what you purchased, how much each item cost, sales tax, and other details that may not appear in your bank feed.

This week, we're talking about why keeping good documentation matters for good bookkeeping.

Wize Consulting
*We handle the books, you handle the business!*

The bottom line: Did the business make a profit?After accounting for your income and expenses, your P&L shows whether yo...
08/20/2026

The bottom line: Did the business make a profit?

After accounting for your income and expenses, your P&L shows whether your business ended the period with a profit or a loss.

And remember, profit doesn't necessarily mean that's how much cash you have in the bank.

Your P&L tells you how the business performed. Understanding that bottom line, and what caused it, is where the report really becomes useful.

-Wize Consulting
We handle the books, you handle the business!

Address

Glendale, AZ

Telephone

+16238503331

Website

Alerts

Be the first to know and let us send you an email when Wize Consulting posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Wize Consulting:

Shortcuts

Share

Category