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Blogs by Lori Kunkel


Case Study: A Mainstay During a Period of Impressive Growth

August 15, 2019 / by Lori Kunkel posted in Southern New Hampshire, Bookkeeping Services, Case Study Blogs

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In 2006, Extension Engine was a $1.2 million business offering outsourced software development services. Fast-forward to 2019, and the company now focuses on creating custom online learning experiences and is projecting $15 million in revenue for the year.

Supporting Strategies has been there every step of the way, serving as the bookkeeping arm for Extension Engine's U.S. operations. We handle everything from data entry to financial analysis, providing accurate, up-to-date financials to guide leadership's strategic decisions.

Furqan Nazeeri, Partner at Extension Engine, explains that the business has undergone major changes in its bookkeeping over the past 13 years. "We've switched to new systems for time tracking and for expense tracking, and we've moved from QuickBooks Desktop to QuickBooks Online," he says. "Throughout those and other transitions, Supporting Strategies has been great. They've always been flexible and always managed to figure things out."

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Bookkeeping Services 101 | Making Use of the Best Business Apps

April 6, 2016 / by Lori Kunkel posted in Southern New Hampshire, Bookkeeping Services, Bookkeeping 101

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Successful entrepreneurs are always looking for an edge and asking themselves “What new approaches can I take to make things run better, faster, and more efficiently?”  Many of the entrepreneurs that I see in my capacity as a bookkeeping services provider owe their success to this quality: they try to fix what’s not necessarily broken.  I tend to emphasize this to all my clients – one of the most important hallmarks of success is the ability to maximize personal productivity and to find streamlined ways to manage tasks and/or employees.  Keeping up with the latest technology might be a great way to do this.

Without a doubt, there’s a ton of great apps out there that will serve your specific industry.  But here are a few of my favorites that will definitely be useful and enriching for any kind of business:

1.  Tallie 
This is one of my go-to recommendations, and your bookkeeping services professionals will thank you for using Tallie's great service.  They offer an easy to use platform for tracking, recording, organizing and processing business expenses.  Not only will this make life easier for you and your bookkeeper – your employees will thank you too.  This is much easier than saving receipts and copying them over later.  This often leads to error and sometimes employees lose those receipts, which can create a big mess.  Now employees can simply snap a photo of the receipt right onto the app.

2. Confluence
Confluence is an amazing way to get your office all on the same page – literally.  It’s a platform that allows communication and sharing to occur quickly and easily between employees and across departments.  Basically it becomes the online mirror of your business, and keeps everything in one place (while still allowing different teams, projects and departments to store their work and organize their communications separately and easily).  It can be accessed on all your devices.

3.  LinkedIn
By now you probably know about LinkedIn.  It’s been a dominant force in online business networking for years, and I still find myself recommending it to any clients who haven’t yet gotten on board.  It’s recently been upgraded to be faster and imbued with some new features, but essentially has stuck with its original mission: to connect professionals all around the world.  They have over 400 million members, arguably the largest and most powerful business network in the world!

Finding new applications and software solutions can change the way you do business – eliminating old problems and opening new doors.  The key is to be curious about what’s out there, as the list is always expanding.  Start following the latest news in business technology.  Tech.co is a great resource for keeping up with latest tech trends for entrepreneurs.  And you can always check in with your bookkeeping services provider as well to get recommendations for great financial and accounting apps, as well as industry-specific solutions perfect for you.

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Being an Accidental Networker

March 15, 2016 / by Lori Kunkel posted in Southern New Hampshire, Business Advice

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As someone who runs a business providing bookkeeping services, networking is something I’ve always tried to prioritize, as it doesn’t necessarily come naturally to me.  It’s not that I don’t like meeting new people and forming new connections.  But when those meetings happen in the highly contrived context of a networking event – I find myself unable to drum up small talk.

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