With so much economic, political, and trade uncertainty looming, it's a good idea to build a "recession preparation plan" before you need it. Declines in consumer confidence and decreased sales threaten all businesses, but small businesses are particularly vulnerable as they often don't have the res…Read More
Good bookkeeping is essential to keep your business thriving—not just surviving. Bad bookkeeping can cause your business a multitude of problems, from poor cash flow to improper tax filings and beyond. These issues will put your business at serious risk, which is why good bookkeeping habits for st…Read More
Now more than ever, startups and corporates are looking for ways to run lean. There is pressure to make cuts to staff and outsource when possible, and this has led to a trend of hiring virtual CFO services over the more traditional in-house full-time CFO. The role of a Virtual CFO is to be a forward…Read More
Business owners would do well to assess their business value on a yearly basis on three fronts: market competition, asset values, and income values. The business valuation services conducted by a professional expert will provide an assessment backed with facts and figures to arrive at the actual wor…Read More
Your small business accountant may be doing all the typical stuff- reviewing your books on a quarterly basis, preparing financial statements and doing the year-end tax returns. But is your current accountant adding value to your small business? Your accountant is in a great position to help you sign…Read More
Hiring a Chief Financial Officer may seem like a far-fetched and expensive option for your small business. However, when your business experiences unexpected and rapid growth or becomes large enough that the financial responsibilities are becoming too much for the owner and staff you may start to wo…Read More
Growth is an essential part of your small business. If you are not growing, you may be losing customers to your competition. In order to grow, a small business owner must have the tools in place to help this process and succeed. Bookkeeping services are one of these tools that can significantly help…Read More
For small business owners, cash flow problems are a common and dangerous threat to the survival of their companies. Start-up businesses often find themselves short of cash right off the mark. Cash is the single most important element of survival for a small business, however, small businesses often …Read More
The value of working with a bookkeeper is undisputed; bookkeepers are professionals at managing the day-to-day financial transactions of business, providing the business owner with the information necessary to make sound financial decisions for the future. Outsourced accounting, bookkeeping, and con…Read More
It’s a growing pain that many small businesses have. Company founders and CEOs are rarely equipped to handle financing strategies, budgets and dealing with investors. But bringing on a chief financial officer is not cheap. If your company’s revenue is growing quickly, you have new investors and/…Read More
