Demystifying the Bookkeeping Process


Please find some links and notes from the 2 Regular Guys Podcast. Emil Abedian from Anchor Bookkeeping gives us tips and strategies for a more successful small business. He goes into detail on the importance of regular bookkeeping tasks and the five essential numbers every business owner should know and why it matters. Plus, he even shares some tax-saving ideas for small businesses.

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Demystifying the Bookkeeping Process

Aaron: Emil Abedian is Anchor Bookkeeping’s founder and CEO. He’s a member of the California Society of Certified Public Accountants (CalCPA), the American Institute of Certified Public Accountants (AICPA), and a board member and chief financial officer of The Swedish-American Chamber of Commerce of Los Angeles (SACC-LA). He earned his Master’s in Business and Economics from Uppsala University in Sweden.

As a Certified Public Accountant (CPA), Emil has worked alongside frustrated small business owners for more than a decade and has observed that approximately 80 percent of the books presented to him for tax preparation were inaccurate. He saw a need in the market for affordable yet personalized, one-on-one bookkeeping services for small business owners – thus, Anchor Bookkeeping was born.

Aaron: So not too long ago I saw on your social media a post with you on Daymond John. Since you are hanging out with shirt people here, tell us about that. 

Aaron: Let’s discuss improving a business’ finance workflow.

Aaron: Is a big part of demystifying the process as simple as not procrastinating until April 15th to try and build your books?

Kylene: What are some tax-saving tips we can do right now?

Aaron: Talk with us about business failures due to cash flow issues.

Kylene: You mentioned on Aaron’s Small Business Saturdays show that there are five financial numbers every business owner should know. What are they?

Aaron: Emil, how can our listeners find you? Can you tell us more about Anchor Bookkeeping?

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