Have you ever found yourself wondering if you’re getting the most out of your accountant? For the best results, you have to discuss your business goals and look for ways to create a profitable relationship that contributes to your success. Here’s how to start communicating more effectively to ensure the entire team is working [...]
If you find your business is providing a respectable income for yourself and your team members, it’s still important to review some bookkeeping basics to ensure you aren’t just running on autopilot. Take a minute to review these bookkeeping basics to ensure your financials serve you well. Know What To Automate and What [...]
Financial goal setting is tricky when you feel like there are so many priorities pulling for your attention. In the busyness, sometimes clear goals don’t even get set and if they are, they get pushed to the back burner. Or the noisiest aspects of your business start to drive your financial decisions instead of [...]
It’s not uncommon for entrepreneurs to miss important financial clues that tell them about their business’ future. After all, you have a lot on your plate. But, accounting numbers offer invaluable insights into what’s happening with your cash, for example glimpses at inefficiencies or if your salary doesn’t align with your business plan. When [...]
As your company grows, you may find yourself asking, “Is it time for my business to bring on a CFO?” This is a good question for an entrepreneur like you to be asking! It means you are expanding and want to have a better handle on your business financials in order to make the [...]
When you first started your business, being a jack of all trades was just part of the formula. But if you are to be successful over the long term, you need to fill certain key business roles. One of the roles that can provide much-needed expertise is an accountant or accounting coach who can [...]
The pandemic caught most businesses off guard as it turned the world upside down. For many entrepreneurs, this wakeup call pointed directly to the concept of cash planning. The complications and responsibilities of running a business such as growth investments or unexpected changes - like a pandemic - have a direct impact on cash [...]
That entrepreneurial spirit of yours is at the heart of your success. But it’s your financials that will help you keep your business (and spirit) alive. One of the areas many entrepreneurs drop the ball is in their approach to or lack of accounting know-how and more importantly focus. We want you to be [...]
So, your business is finally up and running and you’re starting to feel the excitement of success. This is good news, but not the time to sit back and relax. Establishing a business takes time, but maintaining it and keeping your eyes on long-term financial success is ongoing. It’s not enough to grow your [...]
Financial evaluation is a shudder worthy term. But evaluation provides insight into how your company performs and can’t be successfully overlooked. Ongoing evaluation helps you make better decisions in real-time and control where your money is going. If you aren’t sure what you should be looking at, or how often, here are some financial [...]
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