Managing the finances of a small business can be, and often is, a full-time job. For many companies, hiring a full-time, qualified Controller can help alleviate many of the pressures placed on small business owners and upper management. But is that always the best solution? What if there was a more …Read More
It doesn’t matter how motivated and prepared you are: taking the leap into entrepreneurship is always going to be at least slightly terrifying. It’s always a risk, and it can be particularly overwhelming if you are coming off the back of a comfortable, stable career. However, like many terrifyin…Read More
Private equity investors aren't always the most obvious source of funding for startups and small businesses. But they're an increasingly important one, especially for entrepreneurs looking to scale beyond the startup phase. There comes a time when you need cash to grow--for new equipment, more inven…Read More
Working capital is a common measure of a company's efficiency when it comes to its day-to-day operations. It’s the difference between what you take in and what your payout. The problem for small businesses is that sometimes you don’t have the money you need. You could choose to skip paying your …Read More
How often do you seek out your accountant’s advice on other areas of your business excluding taxes? Small business accountants are savvy financial advisors who can assist you with more than just filing tax returns, and regular meetings with your outsourced accounting service provider can help you …Read More
Regardless of what kind of small business you own or plan to start you need to stay on top of your accounting. Small business bookkeeping can be a tedious, detail-oriented and time-consuming task but it is essential and necessary. Failing to do so can and will result in unnecessary issues and obstac…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
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
The day may soon arrive when you’re ready to sell your business. You may even have a price in mind, based on similar businesses that have sold recently in your area. Even if your not quite ready to sell, knowing the value of your business can be highly useful if the right buyer comes along. Beside…Read More
Small business owners often get by with various members of the organization completing your financial and accounting tasks. As your small business grows, there will come a time when owners need to address the issue of when to hire a company financial controller. While bookkeepers and accounting mana…Read More
