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Get Organized Now With This Year-End Checklist

Get Organized Now With This Year-End Checklist

A great way to make a wonderful start to 2020 is to wrap up 2019 feeling organized and on top of the world. Here’s a ...
Frequently Asked Questions – October

Frequently Asked Questions – October

In the decades we have spent with our clients, we often see the same questions come up. We thought it would be helpful to include ...
Understanding Cost of Goods Sold (COGS)

Understanding Cost of Goods Sold (COGS)

The account on the income statement called Cost of Goods Sold (abbreviated as COGS) can be confusing to non-accountants. In this article, we’ll attempt to ...
Cost allocation theory and practice PART 2

Cost allocation theory and practice PART 2

In our last month’s article, we went through the basics of job costing, how it can give management a better perspective into the operations of ...
Cost allocation theory and practice

Cost allocation theory and practice

Accounting for project-based businesses can be particularly challenging for inexperienced financial managers since there are far more considerations than just capturing revenue and expenditures on ...
Buying a Car or Truck for the Business?

Buying a Car or Truck for the Business?

When purchasing a new vehicle, the driver gets the fun of riding around in a new car with the new car smell! However accounting’s job ...
Accounting Related Policies

Accounting Related Policies

Setting customer expectations in business is essential to gain the trust of customers, avoid conflicts, and maintain a high degree of customer satisfaction. This is ...
5 Ways To Speed Up Cash Flow

5 Ways To Speed Up Cash Flow

One of the biggest challenges for small businesses is managing cash flow. If it seems like there is never enough cash to meet all of ...
CFO Does Not Equal No! A Strategic Approach to Transformative Financial Leadership

CFO Does Not Equal No! A Strategic Approach to Transformative Financial Leadership

Perhaps the most important and dynamic relationship within a business is between the Owner/CEO and the CFO. The Chief Financial Officer is one of the ...
Recruiting Incentives – When Should You Consider Hiring Bonuses

Recruiting Incentives – When Should You Consider Hiring Bonuses

Remaining competitive as a business requires more than just careful budgeting and a keen eye for marketing and industry trends.  Leaders also need to keep ...
A Report Card for Your Business Financials

A Report Card for Your Business Financials

We all remember the days when we got a report card from school? Now that we have a business, it has a report card as ...
Word of the Year: Cash Flow

Word of the Year: Cash Flow

For a small business to succeed in today’s marketplace, it’s imperative that the owner or management team know its numbers. Creating a robust and accurate ...
Business Planning Made Easy for 2019

Business Planning Made Easy for 2019

2019 is here, which makes today the perfect time to think about business goals and where the company should be one year from now. Now ...
Showing Gratitude in the Office & Why It’s Important

Showing Gratitude in the Office & Why It’s Important

It’s the time of year where a lot of people think about what’s important to them and how thankful they are for the people in ...
How to Effectively Communicate with Clients

How to Effectively Communicate with Clients

In business, maintaining strong client relationships is vital. On any given day, it’s not uncommon for all levels of employees to regularly speak with clients ...
Should You Have a Financial Dashboard?

Should You Have a Financial Dashboard?

A quick glance is all that is needed to check a vehicle’s fuel gauge, engine temperature or RPM when driving down a road. A car’s ...
When Should You Outsource?

When Should You Outsource?

Outsourcing has become a popular business practice. That’s because today’s marketplace is teaming with contractors who offer a variety of specialty services, ranging from marketing ...
How to Survive a Worker’s Comp Audit

How to Survive a Worker’s Comp Audit

Small businesses with employees have the distinct honor once per year of being part of a worker’s compensation audit. Worker’s compensation is an insurance program ...