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4 Tips to Improve Your Accounting Practice

4 Tips to Improve Your Accounting Practice

Accurate budgeting, tracking expenses and timely payment of bills are always important to business success  Fortunately, accounting system automation has come a long way in ...
7 Tips for Getting Paid Faster

7 Tips for Getting Paid Faster

Cash flow relies on getting paid on time, and preferably early One tactic for improving cash flow is to look at the balance in accounts ...
How to Do a Cost-Benefit Analysis for Important Decisions

How to Do a Cost-Benefit Analysis for Important Decisions

Making decisions that affect a company’s financial position or require significant investment demands a thorough evaluation A cost-benefit analysis (CBA) details potential risks and gains ...
6 Metrics to Gauge Business Success

6 Metrics to Gauge Business Success

Sometimes, a business’ most telling numbers business aren’t on the monthly reports  Although the foundation of business finance revolves around the balance sheet and income ...
A Business Owner’s Toolbox, Part I: The Decision Matrix

A Business Owner’s Toolbox, Part I: The Decision Matrix

Just as wise decisions can make a business, poor decisions can break it Unfortunately, many business owners commit financial resources without properly compiling and analyzing ...
7 Secret Weapons for Cash Flow

7 Secret Weapons for Cash Flow

Cash flow is an occasional skirmish for some companies; for others, it’s an ongoing war Results from a Federal Reserve Bank report (March 2016) show ...
8 Risks for Small Business Financial Health

8 Risks for Small Business Financial Health

Running a small business is often about taking and managing risks Market risks are normal but business and tax risks are another thing altogether  Knowing ...
Your CPA Isn’t Your CFO

Your CPA Isn’t Your CFO

“I have a CPA; why do I need a CFO” is a common question we get from small business owners We agree that a good ...
Take 6 Steps to Be Ready for the New DOL Overtime Rule

Take 6 Steps to Be Ready for the New DOL Overtime Rule

The new US Department of Labor (DOL) ruling regarding overtime for exempt employees takes effect December 1, 2016 The revised minimum yearly salary to be ...
Mid-Year Milestones

Mid-Year Milestones

Many companies track financial data weekly, monthly, and quarterly, which is a good idea But time gets away, and it seems like all of a ...
How to Avoid Sales Tax Surprises

How to Avoid Sales Tax Surprises

Sales tax laws are constantly changing, and sales tax audits have increased since states and local agencies have become creative about finding new ways to ...
Think Outside the Box – 8 Ways to Delight Customers

Think Outside the Box – 8 Ways to Delight Customers

Most businesses have processes in place that keep the company moving forward each day But pausing to think about how a company provides service makes ...
6 Most Helpful Relationships for Small and Mid-size Business

6 Most Helpful Relationships for Small and Mid-size Business

The quality of a business’ external relationships make running the business easier Managed correctly, those relationships may also increase a company’s profitability Here’s how to ...
Social Media: Separating Business from Personal

Social Media: Separating Business from Personal

People tend to fall into one of two camps when it comes to the combination (or not) of business and personal on social media Some ...
Successfully Aligning Personal and Business Goals

Successfully Aligning Personal and Business Goals

Business owners often start or buy a company because of a passion for the work, and they want control and freedom However, it’s typical for ...
Avoid 4 Mistakes for Better Financial Health

Avoid 4 Mistakes for Better Financial Health

Small business owners have a lot on their plates While accounting may not be the primary function of the business owner, mistakes made in accounting ...
Using Accounts Receivable to Improve Cash Flow

Using Accounts Receivable to Improve Cash Flow

Technology lets businesses streamline and make substantial improvements in customer invoicing processes  The faster a business is able to generate an invoice, the sooner the ...
Cloud Accounting Benefits & Options

Cloud Accounting Benefits & Options

Companies who haven’t made a switch to cloud accounting may wonder if the benefits justify making a change As more and more people and companies ...