Is your business struggling to keep up with invoices, expenses, and all other aspects of bookkeeping? Unsurprisingly, one of the most common reasons for small business failure is lack of cash. Simply put, having a proper accounting system and accurate bookkeeping can solve cash flow issues. When opt…Read More
In times of increasing volatility, decision-makers have an even greater need for meaningful, accurate, up-to-date financial projections so they can respond to changes in economic conditions rapidly. Improved forecasting capabilities provide the company with a competitive advantage because they enabl…Read More
Times are especially uncertain right now due to the pandemic, and small business owners are probably spending most of their day thinking about how to make their small business succeed. Most businesses are on a budget, and it is critical to figure out where you can cut business costs and do more on y…Read More
The coronavirus (COVID-19) pandemic has challenged your small business. It's forced you to shut your doors and have hard conversations with your staff. It's pushed you to get creative to connect with customers from a distance. It's driven you to quickly pivot and go virtual to keep your staff workin…Read More
Do you ever feel like the way you used to run your growing business no longer works? Here's Many companies do not know when its time to restructure. Instead, they wait until its too late and it becomes a liquidation event. Every company, throughout its lifecycle from inception to maturity, experienc…Read More
Running a startup involves lots of complexities, especially during a turbulent economy. Many of the startups fail in the first few years of their inception. Young entrepreneurs tend to make mistakes such as improper management, lack of knowledge of all domains, especially non-core activities, and po…Read More
The unpredictable ups and downs of an economy can really put small businesses through the wringer. The COVID-19 pandemic is an example of a turbulent economy that small businesses are struggling to survive in. Most businesses don’t emerge unscathed from a recession. But careful preparation can mea…Read More
As the COVID-19 repercussions linger into 2021, many small businesses are facing a cash crisis with major issues in their small business cash flow. No small business is able to operate over the long term without generating sufficient cash inflows. Finding ways during the pandemic to keep cash flowin…Read More
The CARES Act provides $10 billion for Emergency Economic Injury Grants of up to $10,000 to provide emergency funds for small businesses to cover immediate operating costs. The Bill is complex and can be intimidating for small business owners, so we outlined the following programs that may help your…Read More
The coronavirus is causing financial difficulties for businesses everywhere. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. The bill has allocated $350 billion to help small businesses struggling to cover payroll and operating expenses due to th…Read More
