You can only make informed decisions about your business when you have a full picture of your current financial situation. That means knowing how much money is in your accounts, what your cash flow forecast predicts, and how much money you owe. Without that information, it’s much more difficult to know when you can afford […]
3 Reasons to Prioritize Bookkeeping Read More »
Accounting/Bookkeeping
The key to achieving success in any partnership is, of course, strong communication. At your next meeting, be sure to ask the accountant these four important questions. 1. What’s my best strategy for increasing revenue? Every business owner strives to improve profit margins, but the best way to quickly and sustainably grow revenue will vary
Four Questions to Ask the Accountant Read More »
Accounting/Bookkeeping, CFO Consulting, Tax
An established, growth-focused company will employ the services of both an accountant and bookkeeper. The two professionals work in tandem to ensure business financials are up to date, accurate, and carefully monitored. If you are in the early stages of your business, you might choose to do the bookkeeping yourself or hire a bookkeeper part
What’s the difference between a bookkeeper and an accountant? Read More »
Accounting/Bookkeeping
Want to increase your accounting knowledge so you can have more informed, insightful discussions with your account this quarter? Start right now, with this list of 6 essential accounting terms for small business owners. 1. Cash Flow Do you have more cash flowing into your business each month than you pay out to cover costs
Six Essential Accounting Terms for Small Businesses Read More »
Accounting/Bookkeeping, CFO Consulting
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