<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0"><channel><title><![CDATA[Succeed With Speed]]></title><description><![CDATA[ImpossibleJenny]]></description><link>https://www.succeedwithspeed.com/businessblog</link><generator>RSS for Node</generator><lastBuildDate>Mon, 03 Aug 2026 16:04:58 GMT</lastBuildDate><atom:link href="https://www.impossiblejenny.com/blog-feed.xml" rel="self" type="application/rss+xml"/><item><title><![CDATA[Our Frequently Asked Questions About Bookkeeping Services]]></title><description><![CDATA[When new businesses start, owners frequently overlook bookkeeping because they are managing various tasks or trying to manage it on their own to save money. By the time they reach out to us, there are numerous issues to address, and they don't understand why. Here are the questions we are most often asked about clean-ups and our services. If you still have a lingering question after reading this, please contact us. "How much are your services? Just give me a rough estimate?" I'm not sure what...]]></description><link>https://www.impossiblejenny.com/post/our-frequently-asked-questions-about-bookkeeping-services</link><guid isPermaLink="false">67e5da6389f652c76e8d748d</guid><category><![CDATA[Money]]></category><pubDate>Fri, 28 Mar 2025 11:25:46 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_0fb2d2bfcfac45b6b29514f9c82bbddd~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[What is our Financial Strategy Service and Why Do You Need It?]]></title><description><![CDATA["Financial"  means relating to money, especially how it is managed, spent, saved, earned, or invested and "strategy" means a plan of action or policy designed to achieve a major or overall goal. I will describe in full detail what this service is and why it is vital to growing a small business. We look at the big picture and work with the owner to create financial strategies. Financial Strategy The service is designed to help you make money, save money and increase profit. We analyze your...]]></description><link>https://www.impossiblejenny.com/post/what-is-our-financial-strategy-service-and-why-do-you-need-it</link><guid isPermaLink="false">67ce3412acd704b88b1b5f58</guid><category><![CDATA[Money]]></category><category><![CDATA[Organizing]]></category><pubDate>Mon, 10 Mar 2025 14:00:25 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_f3e1f28a989a40f3b3444dcc35260b86~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[The Benefits and Drawbacks of Hiring an In-House Bookkeeper]]></title><description><![CDATA[The benefits and drawbacks of hiring an in-house bookkeeper. Pros of Hiring In-House For larger companies with a high volume of transactions, employing an in-house bookkeeper can be beneficial. If you're handling 2,000 to 3,000 transactions a month, daily management for reporting is crucial. Managers often rely on daily reports instead of weekly or monthly ones. Many businesses assign additional responsibilities to the bookkeeper, making the payroll cost more justifiable. However, this often...]]></description><link>https://www.impossiblejenny.com/post/choosing-between-a-professional-bookkeeper-and-an-in-house-employee</link><guid isPermaLink="false">693ee858cea0ed7614d686c5</guid><category><![CDATA[Money]]></category><pubDate>Sun, 14 Dec 2025 18:16:29 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_234b724b24d14d7fbcc31a52af1205f2~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[Transform Your Business and Brand by Aligning Goals and Purposes]]></title><description><![CDATA[This post draws from a powerful business and life tool I utilize to streamline my business plans and accelerate success. Those familiar with it will recognize why the changes I'm sharing significantly impact achieving targets and goals. Aligning your goals and purposes Clearly saying what you want to be, do, and have helps reinforce it every time you check back to tweak your plans and actions. Before, my goal was:  To become a one-stop-shop business who creates a community which helps members...]]></description><link>https://www.impossiblejenny.com/post/transform-your-business-and-brand-by-aligning-goals-and-purposes</link><guid isPermaLink="false">68b64027bf96fd6299150c3c</guid><category><![CDATA[Marketing]]></category><category><![CDATA[Organizing]]></category><pubDate>Tue, 02 Sep 2025 01:41:36 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/965121_0b11bca4dc4c465abd1a179cae991f03~mv2.jpg/v1/fit/w_1000,h_896,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[PRODUCT: Definition, Meaning, and Why It Matters]]></title><description><![CDATA[In business, PRODUCT has a specific and practical meaning. Understanding what a product is will help you sell more effectively and create something people want to buy. Your "product" is the result you provide to the customer. Definition of PRODUCT A product is a good idea, method, information, object, or service created and designed to serve a need or want. Here are examples of each of those: Idea  – A new way to reduce food waste (sold as an idea for licensing). Method  – A step-by-step...]]></description><link>https://www.impossiblejenny.com/post/product-definition-meaning-and-why-it-matters</link><guid isPermaLink="false">68581d8601c622a34dd0251f</guid><category><![CDATA[Definitions]]></category><category><![CDATA[Marketing]]></category><pubDate>Sun, 22 Jun 2025 15:53:51 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_d15bd9c5bc2d4f11b8f81a4ddd2a8d02~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[Behind the Business: The Inspiring Journey of Jenny Marie, Founder of Succeed With Speed]]></title><description><![CDATA[Efficiency has always been second nature to her. In every job after college, she found herself finishing tasks faster than expected, often turning full-time roles into part-time work. But instead of being rewarded for improving systems and boosting productivity, she was left bored, underutilized, and searching for bigger challenges. Jenny Marie, Founder Encouraged by friends and driven by her ambition, she stepped away from traditional employment and built something better: a business that...]]></description><link>https://www.impossiblejenny.com/post/behind-the-business-the-inspiring-journey-of-jenny-marie-founder-of-succeed-with-speed</link><guid isPermaLink="false">67f993d9e2fa4bec3f114a8a</guid><pubDate>Fri, 11 Apr 2025 23:22:18 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/965121_a6c5e516ec7c420cbc54fc0d7f02ca53~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[A Step-by-Step Guide to Paying Off Debt]]></title><description><![CDATA[One of the most common challenges we hear from potential clients is: How do I pay off my debt?  It’s one of the top goals they list during our free consultations, and for good reason. Figuring Out Debt Solutions Getting out of debt provides financial freedom, reduces stress, and allows for better financial planning. But where do you start? There’s no one-size-fits-all solution, but there are key variables to consider. Below, we break down an effective, step-by-step strategy to help you pay...]]></description><link>https://www.impossiblejenny.com/post/a-step-by-step-guide-to-paying-off-debt</link><guid isPermaLink="false">67f58e232dbeaa202d744ec6</guid><category><![CDATA[Money]]></category><pubDate>Tue, 08 Apr 2025 21:32:08 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_58c93c3cc0254845a5b17f52732256d0~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[ACCOUNTING: Definition, Meaning, and Why It Matters]]></title><description><![CDATA[The observation I've made in the real world over and over again is the misunderstanding of roles when the word "accounting" is used in addition to the word "accountant". Woman providing accounting for the local business Definition of ACCOUNTING Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions. It provides businesses and individuals with a clear picture of their financial scene and helps with decision-making. Without accounting, businesses...]]></description><link>https://www.impossiblejenny.com/post/accounting-definition-meaning-and-why-it-matters</link><guid isPermaLink="false">67f45163aaf502ad8a8f5a7c</guid><category><![CDATA[Money]]></category><category><![CDATA[Definitions]]></category><pubDate>Mon, 07 Apr 2025 23:04:22 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_7b49c6cf6479419782f959a0b7c035f0~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[COSTS OF GOODS SOLD: Definition, Meaning, and Why It Matters]]></title><description><![CDATA[COGS (Costs of Goods Sold) are the direct costs  involved in producing or purchasing the "goods" that a business sells. Goods  refer to both physical and digital products and services.  Job Supplies are COGS (Cost of Goods Sold) Examples Retail Store (Physical Products): Clothing, accessories, shoes. The cost of the fabric and labor to make the clothes would be COGS. The cost of the shoes they pay to then sell them, would also be COGS.   Course Creator (Digital Service/Product): Online...]]></description><link>https://www.impossiblejenny.com/post/costs-of-goods-sold-definition-meaning-and-why-it-matters</link><guid isPermaLink="false">67f138f1cbac1441ac41ce7c</guid><category><![CDATA[Definitions]]></category><category><![CDATA[Money]]></category><pubDate>Sat, 05 Apr 2025 15:17:47 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_08c011e14e09456cbc8a5dda468afdcf~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[10 Common Mistakes That Lead to Business Failure and How to Avoid Them]]></title><description><![CDATA[Have you ever come across the saying that 50% of businesses fail within five years? I wanted to discuss the updated statistics for business failure, the reasons behind them, and how you can prevent them by not making the same mistakes. Avoid Business Mistakes that Lead to Failure That statistic (a number compared to another number of the same type) has decreased slightly as of 2023 reporting. However, business failure in the first year has risen. The old statistics were:  approximately 20%...]]></description><link>https://www.impossiblejenny.com/post/10-common-mistakes-that-lead-to-business-failure-and-how-to-avoid-them</link><guid isPermaLink="false">67e7d09189f652c76e936c65</guid><category><![CDATA[Money]]></category><pubDate>Sun, 30 Mar 2025 14:30:15 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/804c18c8464044daa438b6b945afad94.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[How Can Budgeting Services and Financial Strategy Benefit You?]]></title><description><![CDATA[Due to my 16+ years in Business Consulting, I cannot just allow my team to offer bookkeeping services and that's it. Budgeting Services vs Basic Bookkeeping I know all too well, how much budgeting and financial strategy contribute to achieving an entrepreneur's goals. This is why we offer our Financial Strategy  service. M any business owners assume that bookkeeping and budgeting are one and the same. However, there are significant differences between what we do with budgeting and what a...]]></description><link>https://www.impossiblejenny.com/post/how-can-budgeting-services-and-financial-strategy-benefit-you</link><guid isPermaLink="false">67e155e43c375dc43baf13f0</guid><category><![CDATA[Money]]></category><category><![CDATA[Tax-Related]]></category><pubDate>Mon, 24 Mar 2025 13:35:52 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_ef9712a9c92847bc96513e87dd36c78c~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[ACCOUNT: Definition, Meaning, and Why It Matters in Bookkeeping]]></title><description><![CDATA[In bookkeeping, ACCOUNT has a specific and crucial meaning. Understanding what an account is and how it functions is essential for managing finances effectively. ACCOUNTS IN BOOKKEEPING Definition of ACCOUNT An account is a record that tracks financial transactions related to a specific category, such as specific types of income or specific types of expenses. These are the foundation of financial reporting and help businesses keep track of their information in a specific way for tax returns...]]></description><link>https://www.impossiblejenny.com/post/accounts-in-bookkeeping</link><guid isPermaLink="false">67e0513c5a47b47069af6fff</guid><category><![CDATA[Money]]></category><category><![CDATA[Definitions]]></category><pubDate>Sun, 23 Mar 2025 13:35:52 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_8b1a04c8cacf4304a00d35496958b1a5~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[RECONCILE: Definition, Meaning, and Why It Matters in Bookkeeping]]></title><description><![CDATA[Reconciling ensures that accounting software records (such as Quickbooks®) and bank statements match which maintains correct financial data for a business owner to base decisions off or file correct tax returns. Reconciling Accounts Online Definition of RECONCILE Reconcile means to bring things into agreement, harmony, or consistency. In financial and accounting terms, reconciling refers to the process of ensuring that two sets of records match, such as comparing bank statements with...]]></description><link>https://www.impossiblejenny.com/post/reconciling-in-bookkeeping</link><guid isPermaLink="false">67e08575b47656399411abaa</guid><category><![CDATA[Money]]></category><category><![CDATA[Definitions]]></category><pubDate>Sun, 23 Mar 2025 13:35:52 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_c8768f6afc9e4dda899df6d670f58365~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[How Organizing Your Business Can Increase Profit and Income]]></title><description><![CDATA[Most business owners know that they need to get more organized. The problem they run into is they do not have the time. Most are overwhelmed with trying to wear all the "hats" and keep their business afloat. Doesn't matter if they are a one man band or a twenty employee company. I've observed the same trends no matter the size. Organizing your business to increase profit and income I will use real life examples of two clients I helped. Due to the nature of the example and it involving their...]]></description><link>https://www.impossiblejenny.com/post/how-organizing-your-business-can-increase-profit-and-income</link><guid isPermaLink="false">67cd98e49eca22eca53a13a5</guid><category><![CDATA[Organizing]]></category><category><![CDATA[Money]]></category><pubDate>Thu, 13 Mar 2025 14:00:15 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_7268f8b636de4e319b5bacb9c4c2dfc3~mv2.jpeg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[How to Avoid 1099 Reporting Headaches with Duplicate Vendors]]></title><description><![CDATA[One of the reasons, duplicate vendors happen in the first place is because a Bookkeeper doesn't check to see if that vendor already exists. Searching for the vendor first before categorizing, will help eliminate duplicates Suppose the vendor "Tony Smith" is already in the system. Then, a new vendor named "Tony's Flooring" is added, but they refer to the same individual. When the Bookkeeper reviews the reports to identify contractors who have been paid over $600, a discrepancy may arise...]]></description><link>https://www.impossiblejenny.com/post/how-to-avoid-1099-reporting-headaches-with-duplicate-vendors</link><guid isPermaLink="false">67cdd2e89eca22eca53acfdf</guid><category><![CDATA[Money]]></category><category><![CDATA[Tax-Related]]></category><pubDate>Wed, 12 Mar 2025 14:02:05 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_7d8bd1818dfc4011a69acff103531282~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[The Importance of Specialized Bookkeeping for GC Businesses]]></title><description><![CDATA[Given the numerous details that pass through a GC business, impacting both the bottom line and IRS requirements, it is essential to hire an experienced Bookkeeper and ensure all these necessary tasks are being completed. While the owner is often focused on production, an expert should be focused on the finances. I will use two examples of businesses that we've helped where when we took over the books, the company became more compliant and knew exactly where they stood financially. In the...]]></description><link>https://www.impossiblejenny.com/post/the-importance-of-specialized-bookkeeping-for-gc-businesses</link><guid isPermaLink="false">67cdc89672b158f473bbf970</guid><category><![CDATA[Money]]></category><pubDate>Tue, 11 Mar 2025 14:00:11 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/b36cca3bdcbf4812873c0d288c8fb74d.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[When Clients Add New Credit Cards, What They Need to Know]]></title><description><![CDATA[On one hand, it can be beneficial to get the points or lower interest but on the other hand, there are other factors involved which one should consider. When getting a new credit card Number one, as their Bookkeeper, we have several tasks we have to do on our end when a new credit card is added to the "collection":  Client needs to give us the name of the bank and last 4 digits of the card Client needs to give us the login. You get this from the bank. We will need to sync that account to...]]></description><link>https://www.impossiblejenny.com/post/when-clients-add-new-credit-cards-what-they-need-to-know</link><guid isPermaLink="false">65dde1d9a25a60603dab9625</guid><category><![CDATA[Money]]></category><pubDate>Sun, 09 Mar 2025 12:46:38 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_e60cc896ff80401eacc8d5b313349625~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[The Importance of Reconciling Your Accounts in Quickbooks for Financial Accuracy]]></title><description><![CDATA[A while ago I had someone tell me they weren't worried about reconciling their accounts in Quickbooks. My eyes almost popped out of my head! I couldn't comprehend why this person would believe doing this action wasn't vital for tax reporting or managing their business! You should reconcile and know how to reconcile accurately Reconciling simply means comparing what’s on your bank statement to what’s recorded in QuickBooks® (or whatever accounting system you use). It ensures that your records...]]></description><link>https://www.impossiblejenny.com/post/reconciling-your-accounts-in-quickbooks</link><guid isPermaLink="false">67e15e891e406a39f40b6374</guid><category><![CDATA[Money]]></category><pubDate>Fri, 08 Nov 2024 14:35:52 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_40ea75c33ab94646895392cd683d4f7b~mv2.jpeg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[Why Doing Your Own Bookkeeping Can Cost Thousands]]></title><description><![CDATA[When new businesses start up, the owner either doesn't keep up with the bookkeeping due to wearing so many hats or tries to do it themselves to save money. Don't do your own bookkeeping Their skills and abilities are in the service or product they offer and produce. Most of the time, they are in the production and sales areas of the business. They should not be in the treasury area as it's not their expertise. W hat happens is, they either do it erroneously or don't do it at all and the...]]></description><link>https://www.impossiblejenny.com/post/doing-your-own-bookkeeping-can-cost-you-thousands</link><guid isPermaLink="false">672e1a2e93e01fa90895ff04</guid><category><![CDATA[Money]]></category><pubDate>Fri, 08 Nov 2024 14:35:52 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/11062b_7b49c6cf6479419782f959a0b7c035f0~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item><item><title><![CDATA[How Can Effective Communication Improve Business Success?]]></title><description><![CDATA[At the moment, I'm on a business trip in Kansas City, Kansas, staying at a newly constructed apartment building that is conveniently situated near the downtown area, grocery stores, and shops. Recently, a resident meeting was held with the owners because of a mistake in their communication system that enabled all residents to view each other's emails and send messages to the entire group. Effective communication can solve many problems In addition to the disgruntled residents, the meeting was...]]></description><link>https://www.impossiblejenny.com/post/how-can-effective-communication-improve-business-success</link><guid isPermaLink="false">67e16648da30493f05002da0</guid><pubDate>Fri, 08 Nov 2024 14:35:52 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/965121_00f94b0631f543369afc5bb2c7d57ed5~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Jenny Marie</dc:creator></item></channel></rss>