Running your company is a proactive process. You’re driving growth, improving efficiency, and setting goals. All for the purpose of taking performance to the next level. On the other hand, many business owners see the accounting side of things as reactive.  Scanning/recording receipts Collecting accounts receivable Paying people for the previous pay period  Even checking […]

A financial forecast provides companies with a glimpse into potential futures. The more accurate the projections, the better you’re able to pre-plan and make decisions that really move the needle for your business. A solid cash flow forecast: Gives you more confidence in your financials Highlights potential problems down the road Shows opportunities to improve […]

As a business owner or founder, you tend to focus on the big picture of where you are taking your business and on the day-to-day decisions that need to be made. Then, once everything that needs to be done is completed, you look at your financial statements.  If everything went well, you’d be pleasantly surprised. […]

Managing cash flow is one of the most important aspects of running a business. Cash is the essential life force of commerce, underpinning all types of B2B and B2C transactions. Without cash, your business (and much of the world’s economy) simply doesn’t run. You’d have trouble paying your vendors, employees, and yourself.  But managing cash […]

Businesses that track and manage their financials perform better.  That statement applies, of course, to major corporations. But it applies to small businesses and medium-sized enterprises as well. And thanks to modern technology, you don’t need a full-scale, in-house finance department to have robust monthly reporting and get a good handle on your business’s finances. […]

Small businesses have numbers and expectations flying in every direction. It can be complicated to keep everything straight, and once you do get it straight, there’s a good chance you’ll be unsure if the numbers you have are the numbers you need.  To be successful, you need to be confident in your business financials. They […]