Businesses owners have to be prepared to handle their monthly small business expenses. Do you ever get slammed with monthly bills because you're unprepared? Most small business owners aren’t strangers to unexpected business expenses, especially in 2021 when the small business landscape has major u…Read More
The Secret To Understanding Cash Flow When operating a small business, positive cash flow is essential to survival. Many business owners underestimate just how vital managing cash flow is to their business's success. Your cash flow provides you with a better understanding of your business’s liquid…Read More
When you’re running a business, your income statement should be the financial statement you’re most familiar with. You use an income statement to track revenues and expenses so that you can determine the operating performance of your business over a period of time. Small business owners use thes…Read More
Outsourced accounting services can be a great resource to improve your financial systems and boost your business results. There’s no doubt that your company will benefit from experienced advice and guidance to help with cash flow and profit evaluation. But, how do you know which outsourced account…Read More
Financial controllers are responsible for all of the day-to-day operations in the finance department, reporting directly to the finance director. This is a role that requires balancing the hands-on financial management of a company with decision-making at the highest level. Small businesses in Phoen…Read More
A business valuation is a general process of determining the economic value of a whole business or company unit. The first thing to keep in mind regarding the valuation of a business is that there are many different methodologies for valuation. Some methods may weigh income more heavily as a factor,…Read More
Small business owners often wear many hats while running their business such as being responsible for sales, customer service, and accounting. Small business bookkeeping is especially important to the stability and growth of businesses, and although their transactions may not be as large as some big…Read More
As businesses expand and become more dynamic, the need for a senior-level financial expert such as a part-time CFO becomes critical. Companies are faced with more complex financial decisions and can benefit from a part-time CFO’s expertise to help them navigate the path to achieving their strategi…Read More
Small business tax preparation can be complicated, especially for small business owners unfamiliar with tax law. A simple mistake or slight exaggeration could warrant an audit from the Internal Revenue Service which could be extremely costly for your small business. The best way to minimize your cha…Read More
Small business accounting can be time-consuming, especially for entrepreneurs without an accounting background. Managing accounts payable and accounts receivable is an important skill to master. You need to be able to track what you owe a supplier, what you’ve sold and what your customer owes you,…Read More
