Demystifying the Bookkeeping Process

Our regular listeners know this, but 2 Regular Guys are all about garment decorating, a bit of fun, and no rants or lectures or selling. We are not doing this for our employers, but rather for our industry. Since February 2013, The 2 Regular Guys have been the first and the most listened to garment decorating industry podcast on this planet! We are humbled by all of you tuning in each week. We work hard to bring you information that will make your business better, and our industry better. Take a look at our incredible weekly guest list and you’ll understand where this industry goes for news, interviews and the heartbeat of garment decorating. Thanks for listening!

News

• President Trump announces that the U.S. plans to delay the latest tariff increases on Chinese imports. Instead of the levies being effective Oct. 1, the President pushed them out to Oct. 15. The news comes after a 15% U.S. tariff went into effect on Sept. 1 for $112 billion of Chinese imports.

• Anchor Bookkeeping offers the Regulators a 20% discount if they sign up for Anchor Bookkeeping using offer code 2RegGuys20 (www.anchorbookkeeping.com)

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?