1. Filling the Gap: Pros and Cons of Hiring a Part-time Controller

    Filling the Gap: Pros and Cons of Hiring a Part-time Controller

    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

  2. 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

  3. Small Business Owners: Take Advantage of Private Equity Investments

    Small Business Owners: Take Advantage of Private Equity Investments

    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

  4. Should my Small Business Turn to Working Capital Loans?

    Should my Small Business Turn to Working Capital Loans?

    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

  5. 6 Topics Small Business Owners Should Discuss With Their Accountant

    6 Topics Small Business Owners Should Discuss With Their Accountant

    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

  6. 7 Tips to Effectively Managing Small Business Bookkeeping

    7 Tips to Effectively Managing Small Business Bookkeeping

    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

  7. Financial Statement Preparation: The Income Statement

    Financial Statement Preparation: The Income Statement

    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

  8. Using Outsourced Accounting Services as a Competitive Advantage

    In business, a competitive advantage is an attribute that allows an organization to outperform its competitors. Competitive advantages generate greater value for a firm and its shareholders because of certain strengths or conditions. The more sustainable the competitive advantage, the more difficult…Read More

  9. Improve Your Cash Flow by Hiring an Outsourced Financial Controller.

    When it comes to the financial management of any business, managing cash flow effectively is absolutely essential for survival. You have probably heard the statistic that 82% of small businesses fail due to poor cash flow management. So how does your small business avoid becoming a part of the stati…Read More