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One blog post closer to clean books.
Each blog post from the Castle team is packed with practical tips, real-world experience, and clear answers to common bookkeeping questions. Whether you're sorting expenses or planning for tax time, you'll find guidance to help you run your business with clarity and confidence.
Terms of Service
Welcome to Castle! These terms of service outline the rules and regulations for the use of our bookkeeping services.
By accessing this website and using our services, you accept these terms and conditions in full. Do not continue to use Castle services if you do not accept all of the terms and conditions stated on this page.
Castle offers professional bookkeeping services including transaction categorization, reconciliations, financial reporting, GST/HST filing, and other related services as agreed upon with the client.
2. Billing and Payments
All services provided by Castle are billed on a recurring basis unless otherwise
agreed upon. Payments are due upon receipt of invoice. We accept payment via credit card, debit card, and electronic funds transfer.
3. Cancellation and Refund Policy
Clients may cancel services at any time by providing 30 days’ notice in writing or via email. Refunds for prepaid services will be prorated based on the remaining unused portion of the services.
4. Privacy Policy
Our privacy policy outlines how we collect, use, and protect your personal information. We do not sell or share your information with third parties without your consent, except as required by law.
5. Liability
Castle will perform all services with reasonable care and skill. However, we do not accept liability for losses resulting from acts of nature, third-party errors, or misuse of financial information or reports by the client.
6. Amendments
Castle reserves the right to amend these terms of service at any time. Amendments will be effective immediately upon posting on this website.
7. Contact Us
If you have any questions about this privacy policy or our privacy practices, please contact us at:
Castle
316 1st Ave NE
Phone: 587-872-0602
Email: info@bookwithcastle.com
One blog post closer to clean books.
Each blog post from the Castle team is packed with practical tips, real-world experience, and clear answers to common bookkeeping questions. Whether you're sorting expenses or planning for tax time, you'll find guidance to help you run your business with clarity and confidence.
Your Biggest Expense Might Be Hiding in Plain Sight
Most business owners know the big obvious expenses: rent, payroll, materials, tax.
Those are easy to spot on the bank statement.
But there’s another drain on your money — one that’s invisible until you look closely: wasted time.
🕰️ Time Is Money — Literally
Ever said: “I’ll just do it myself to save money”?
It sounds smart — until you’re doing bookkeeping at midnight, ordering supplies you could automate, or redoing sloppy work you rushed the first time.
The money you “save” turns into:
- Missed sales calls
- Projects that take twice as long
- Jobs you can’t take because you’re buried in admin
Your books track expenses in dollars — but your real profit leaks through hours you don’t track at all.
🔍 Where Wasted Time Hides
Some places to look:
✅ Manual admin:
Are you still chasing paper receipts, copying numbers between spreadsheets, or sending invoices one by one?
✅ Scope creep:
Are you doing “extra” work for clients — unpaid — because there’s no clear line in your quotes?
✅ Underpriced jobs:
Are you charging for 5 hours when the job always takes 8?
✅ Cheap shortcuts:
Are you patching up old equipment or software that eats more time than it saves in cash?
🧮 The Real Cost
A wasted hour is worse than an expense — you can’t bill it to anyone, and you never get it back.
Good books help here too:
- They show you where time and money don’t match.
- They help you spot which jobs always run over.
- They remind you that the cheapest option upfront is often the most expensive over time.
✅ How to Plug the Leak
1️⃣ Track your time like you track your money.
Where do your hours actually go? You might be shocked.
2️⃣ Raise prices to match reality.
If every project runs long, adjust your rates — or your contract.
3️⃣ Outsource your biggest time-sucks.
Bookkeeping, admin, scheduling — if it costs less to pay someone than your lost time is worth, it’s worth it.
4️⃣ Automate what you can.
Use software, templates, auto-reminders — so you’re not the bottleneck.
💡 The Bottom Line
Business owners love to watch their bank account — but time is harder to see.
If you ignore wasted hours, your “good month” can slip away without you knowing why.
Track it. Fix it.
Keep your time as tight as your books — and watch your profits grow without working 24/7.
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