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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 U.S. 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 ...
Time is Money – 12 Tips to Get More Done

Time is Money – 12 Tips to Get More Done

Time is one of the most precious resources on the planet, but most people don’t treat it that way.  In business, it’s important to get ...
The Word of the Year for 2016 is . . .

The Word of the Year for 2016 is . . .

Margin. I know, sounds pretty boring. But with a little explanation, margin is one of the most important statistics in our business and personal life.  ...
Don’t Let the Grinch Steal Christmas: 5 Internal Controls to Preserve Cash

Don’t Let the Grinch Steal Christmas: 5 Internal Controls to Preserve Cash

No business owner wants to think that internal theft is a possibility in their business. But the desire for additional cash may trigger temptation, especially ...