A Q&A with Matthew Beck, Founder of Park East Bookkeeping in Cleveland, OH
We recently got an opportunity to talk with Matthew Beck of Park East Bookkeeping in Cleveland, Ohio and used it to gain insight on his business and get some information for students who are interested in a career as a bookkeeper.
- What is Park East Bookkeeping?
We enter all of the information into QuickBooks and then tell the owners if they are making or losing money. If they are losing money, we help them to correct the problem with a business plan.
- How long have you been in business in Cleveland?
- Why do you think small businesses should invest in bookkeeping services?
We take away the stress and burden from the business owner who has too much going on. We do the books and they don’t have to worry about it. Now they can focus on growing their business. That extra time they have to think makes them money because they are not trying to do so many important things at once.
We coach them on the best way to focus. Don’t multitask on important things. Imagine you are having an operation and your doctor decides to take a phone call from his mom instead of thinking about what he is doing. Bad, right? Same with running a business. If you don’t focus on what you are doing you may fail!
- Why would this be an important career for our students to consider?
It’s a great career as it lets you think and use the skills you have gained in school. Some jobs are pretty boring. But bookkeeping is like a big puzzle. A business will give you some information to help you determine if they are making money. But usually they forget to tell you everything.
They may forget to give you the wages or salary information. They may forget to give you loan documents. Sometimes they don’t even have any information at all. Your job is to put it all together so well that you know exactly how much money the business made so taxes can be done.
The people are great. The work is fun, and the pay is good.
- What types of industries/businesses do you work with?
- Professional services, including lawyers, doctors, and chiropractors
- Churches, homeless shelters, and nonprofit charities
- What advice would you have for our students who want to get into bookkeeping?
Meanwhile, enjoy each day. Be happy and don’t forget to smile. Don’t take it all so seriously that you neglect yourself or your family. I see it all the time. Very successful business people who never spend any time with their families, kids or friends. Live life in a balanced way. But when you are working on something, give it your best attention.
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