1. Small Business Accounting: The Balance Sheet Provides Value

    Small Business Accounting: The Balance Sheet Provides Value

    Many small businesses reliably produce a set of financial statements each year, listing assets and liabilities, revenue and expenses, cash flow and shareholder equity. Often, outsourced bookkeeping services prepare these reports, but the documents are quickly forgotten by business leaders as they fo…Read More

  2. Myth vs. Reality: What You Need To Know About Outsourced Accounting Services

    Myth vs. Reality: What You Need To Know About Outsourced Accounting Services

    On a regular basis, I speak with business owners who are reluctant to outsource their accounting and financial responsibilities. Often their reasons are based on myths surrounding the idea of outsourcing or even just the term itself. For the companies that do embrace this option, I’ve seen them ex…Read More

  3. outsourced financial controllers do so much more than simply running the numbers.

    Small Business Budgeting Tips for 2020

    The world around us is changing at a rapid pace. Just look at the past decade and think about how much of a technological revolution we’ve experienced. The amount of information, technology, and progress that we’ve made in such a short period of time is quite overwhelming. With all of that being…Read More

  4. What to Ask When Outsourcing Payroll There are a few key questions to ask any payroll provider prior to outsourcing, to minimize any issues with service quality: What are the basic and/or add-on services offered? How do they secure confidential employee and payroll data? How many clients do they have and for how long? Do you calculate tax withholding for each employee? What rates do you charge for running payroll per employee, and is there different pricing for higher volume? Do you assist with generating tax forms for local tax filing purposes?

    7 Signs Your Business is Financially Unhealthy

    As a business owner, your company’s financial health is of the utmost importance. There is more to measuring your financial health, however than simply looking at how much money is in the bank. Business accounting services are essential for most businesses to stay on the right track. Let’s take …Read More

  5. Small Business Accounting: Red Flags in Your Income Statement

    Small Business Accounting: Red Flags in Your Income Statement

    Financial statements show not only where a company stands financially, but also where it may be headed. Contractors who work with their financial advisors to analyze their statements can often catch problems early on before they turn into bigger issues. The income statement is one of a company’s m…Read More

  6. When To Hire a Small Business Accountant

    When To Hire a Small Business Accountant | Detroit

    Small business accountants can help out at various stages during the growth of your business. They can handle much more than just your payroll and tax returns. So when should you consider hiring an accountant for your small business? Accounting and bookkeeping are often the first places business own…Read More

  7. Don’t Let Ghost Assets Haunt Your Books This Halloween Season

    Don’t Let Ghost Assets Haunt Your Books This Halloween Season

    Ever wonder what happened to that laptop you know you saw around the office last year?  Or a desk you’re certain was put into storage?  They’re listed on your fixed asset ledger but are nowhere to be found. Perhaps you feel like you’re going a little crazy because it seems these items have m…Read More

  8. What Your Business Can Expect From Small Business CFO Services

    What Your Business Can Expect From Small Business CFO Services

    There’s no doubt that the historical tasks of the finance function such as books and records, financial reporting and statutory compliance are still of fundamental importance. These tasks continue to be mission-critical and fall squarely under the responsibility of the finance team, and consequent…Read More

  9. 7 Warning Signs You Should Use Outsourced Accounting Services

    7 Warning Signs Your Organization Should Use Outsourced Accounting Services

    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