Are you carrying more responsibility than you need to within your small business? As a business owner, it can be hard to let go of the control of certain tasks that need to be done. Too often, business owners spend their time on busywork, resulting in a situation where there isn’t enough time left…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
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 bookkeeping can be complex and time-consuming. Your financial statements are essential to growing and maintaining your business. If you as the small business owner are spending hours and hours on your books, you can’t spend time in other areas of your business. Many people start a b…Read More
Running a small business can be extremely challenging. Often times, entrepreneurs don’t have the accounting or financial background necessary to manage small business finances. As your small business begins to grow, it is essential you understand your small business financials and are able to reco…Read More
When your small business started off, it may have been viable to record all your financials manually in a book kept in the drawer of your desk. As your business grows, having accounting processes and procedures in place is absolutely essential to ensure financial health. It is likely your competitio…Read More
Are you a small business owner frustrated with your messy accounting records? Keeping up with accounting can be tough, and many small business owners don’t prioritize it until they realize how important the data really is for their small business. Sound financial management is the key to growing a…Read More
Whether your a small startup focused on growing or a large business with a booming business, all companies have the same basic goals when it comes to accounting. Your business must be able to analyze costs, weigh major financial moves, and ensure best tax practices. In fact, accounting is so importa…Read More
Knowing how to work with the numbers in a company's financial statements is an essential skill for small business owners. The meaningful interpretation and analysis of balance sheets, income statements, and cash flow statements can help entrepreneurs determine the health of their business and make b…Read More
