Your Time, Your Money
Your Time, Your Money
Tips and tricks to save you time and money. Made by BLBK Solutions: blbksolutions.com. BLBK Solutions LLC, is a profit advising and bookkeeping firm that focuses on the dental industry.
Blog By:
Connie Jacox
Connie Jacox

Auto-Payments: The Silent Killer

Auto-Payments: The Silent Killer

2/9/2021 12:00:00 PM   |   Comments: 0   |   Views: 33

Auto-Payments are really convenient; you sign up for something, then forget about it. Unless of course you’re the bookkeeper and you’re wondering where all the money is going. Auto-payments can be sucking your business dry without you ever realizing it.

          One of the first things we do when we sign on new clients is check any subscriptions that may have that they don’t use. Be aware of the subscriptions you have and ask yourself if they are still a good investment. They might be, but it never hurts to check.

          Here’s a recommendation, take some time, at least quarterly, to check all your subscription payments. Ask yourself if any of them have become unnecessary or too expensive for their worth. This will help you be aware of where your money is going and help you be more profitable. Remember: a recurring payment you’re not tracking is potentially the most dangerous thing to your bottom line.

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