Providing Professional Accounting, tax & Small Business Consulting services
Your Trusted Business Advisors
Bayside Accounting & Consulting is now Nicholynn Advisors
What is Nicholynn?
Adam and I recently celebrated our SEVENTH YEAR in business! Woohoo!
Did you know that 51% of small businesses are 10 years old or less? Or that roughly 1/3 of new businesses exit within their first two years, and half exit within their first five years? I think it's safe to say that Adam and I have made it and are on our way!
We have some pretty exciting news to share, but before we get to that, we think you should know a little about the story of how we got to where we are today.
In August 2013, while I was still working full time in DC, Adam looked at me one night and said "Why? Why are you working for someone else, commuting two hours into work, when you could be doing this yourself?"
"Why?", I answered. "Because that's what you do when you're an adult with responsibilities - you work for someone else. Someone else takes the risk of failing, of not making it, and all I have to do if they fail, is find another job." Well... let's just say that wasn't the response Adam was looking for, but that was my honest reaction - I was scared. Terrified. I was a beancounter, not a business owner.
Adam said "Let's just start small with some bookkeeping clients, something that is simple and that you can do in your sleep". I didn't immediately jump up and say, "Yeah! Let's do this!", much to Adam's chagrin, but we started the business anyway with the intention that we would start small and maybe, one day, it would be our full time gig.
We lived on Bayside Road in Chesapeake Beach, Maryland at the time, and so was born Bayside Bookkeeping. We decided from the very beginning that we were going to be a primarily virtual firm so we put out an ad on Craigslist to find bookkeeping clients. We took anyone at all who needed bookkeeping work, even if it was an industry we'd never worked with before. We learned that we liked working with certain industries better than others and as we narrowed down that list, we became more efficient in our work.
We learned A LOT over the next four years about what it meant to run a business - customer service, marketing, networking, selling. I'd never had to sell myself to someone before! The learning wasn't all pretty either - there were definitely some hard lessons we encountered. As every single one of you know, being a small business owner takes grit, perseverance and hard work. In 2016, we moved from Chesapeake Beach to Annapolis, Maryland, which opened several doors for us both personally and professionally.
We decided to start really honing in on what our business model was, who we were serving and why we were serving them. After five years, we were so much more than "bookkeepers" and in September 2018, we changed our name to Bayside Accounting and Consulting. This was also the same month that I stopped working in DC for someone else and Bayside became our full time gig. For the last two years, Adam and I have continually improved on our skills, better defined our offerings and the kinds of clients we work with, and now we feel that we've "graduated" to being a real business.
What is Nicholynn??
Nicholynn is a combination of our middle names. Adam's middle name is Nicholas and my middle name (as well as our daughter's middle name) is Lynn - so Nicho-lynn.
We also have a brick and mortar office!
We live on Kent Island now (just across the Chesapeake Bay from Annnapolis on the Eastern Shore) and our office is in Stevensville, MD
New Website Coming Soon!
For now, this will still be the main place to book your appointments and to get information about our services. As soon as the new website is live, we'll post it here.
Services We Offer
Entrepreneurial Accounting
Part Time CFO/Business Consultant
Part Time CFO/Business Consultant
Clients of Bayside Accounting grow their revenue by 18% a year on average. Want to hear more about how we can help your business?
Part Time CFO/Business Consultant
Part Time CFO/Business Consultant
Part Time CFO/Business Consultant
We provide more than balanced books. We can help smooth cash flow, analyze profit margins, and look for ways to increase revenues and profits.
Tax Planning and Preparation
Part Time CFO/Business Consultant
Tax Planning and Preparation
Let us take your tax deadline headaches away so you can get back to running your business. We actually like doing taxes so you don’t have to.
Non-Profit Accounting
Training and Setup for QuickBooks®
Tax Planning and Preparation
Our goal is to give your leaders and board members greater insight into the key performance indicators that drive your mission as well as the peace of mind of being in compliance.
Payroll
Training and Setup for QuickBooks®
Training and Setup for QuickBooks®
We make it our business to stay up to date with changing payroll laws and compliance so you don't have to.
Training and Setup for QuickBooks®
Training and Setup for QuickBooks®
Training and Setup for QuickBooks®
With our knowledge of QuickBooks®, we help you speed through your learning curve so you can be productive fast. We tailor a training session to your exact needs. Check out some of the other accounting related software we are certified in!
Profit Advisory Services
Profit Advisory Services
Profit Advisory Services
Are you ready to understand your expenses and increase/create profit? Yes? Awesome! To learn more about a proven cash management system and how it can help you, click the button below.