Does Your Small Business Need a CFO or Controller?
For your small business to operate at a high level, you need to have clearly defined roles in your finance department. Ideally, this means that [...]
Benefits of Outsourced Bookkeeping Services
Small businesses don’t have the luxury of having an entire team of employees in their accounting department. That’s why so many business owners try to [...]
Beginner’s Guide to the Accounting Cycle
The accounting cycle is a critical component of accurate bookkeeping and healthy financial management. When properly applied, the accounting cycle provides the information required to [...]
Accounts Receivable vs. Accounts Payable
Every business needs to understand accounts receivables and accounts payables. These two terms are the foundation for buying and selling on credit. Without a proper [...]
8 Ways to Fix Cash Flow Problems
Cash flow is the lifeblood of any business. According to a recent study by NFIB, 82% of companies fail because of poor cash flow management. [...]
8 Financial Mistakes Every Small Business Needs to Avoid
Everyone makes mistakes. Whether you’re a startup company, business that has been around for decades or a small business that falls somewhere in the middle, [...]
How to Set Up a Finance Department for Your Startup
Launching a startup is exciting. It’s also a huge accomplishment. Anyone who is starting their own business deserves recognition for their achievement, so let me [...]
7 Misconceptions About Bookkeeping Services
There’s lots of misinformation about bookkeepers and outsourced bookkeeping services on the web. Over the years, I’ve heard just about every possible rumor and stereotype [...]
7 Bookkeeping Benefits of Outsourcing Payroll
Payroll is arguably the most important responsibility of an employer. But running payroll in-house can be a frustrating task, especially for small business owners. While [...]
7 Benefits of a Virtual CFO
Every business can benefit from a CFO. This statement holds true for startups, small businesses, large corporations, and nonprofit organizations alike. The problem is that [...]
