Blog

Month End Close: Key Reasons for Financial Statement Analysis

Wouldn’t you like to know how healthy your business actually is? For small business owners, this information is more important than ever before. What if we told you that there is a tested process of uncovering the secrets about your business that has been passed on through generations and generations of accountants?!

Financial statement analysis is one of the best ways to accurately gauge the health and status of your business. In this post, we will discuss some of the benefits of using financial statement analysis in your small business.

Topics: Accounting Growing Your Business Financial Reporting Accounting procedures Advice

Time Management for Leaders: 12 Habits of Productive People

We all wish that we could waste less time and accomplish more with the time we are given. Even focused-minded professionals find themselves sidetracked with time-wasting activities. As a business owner and leader within your company, time management is of the utmost importance.

Topics: Advice Business Advice Leadership

Coronavirus: How Small Businesses are Effected and What You Can Do

One of the most heartwarming things we have heard in the midst of the COVID-19 pandemic is efforts of big businesses. The corporate giants of the world are contributing with aid funds, emergency pay, prioritized essentials, and some are even opening their doors as shelters and hospitals. But these efforts are for businesses that have billions, maybe trillions, of dollars in the rainy-day fund.

Topics: Business News Advice Business Advice Leadership

COVID-19 & the Economic Response: What To Expect in the Next Weeks

The COVID-19 pandemic will be effecting economies on every level for the next several months, possibly even a year or more. From the tiniest niche markets and local economies, through states, nations and around the globe, a severe economic slump is inevitable. It's going to be a struggle, but eventually, business will get better.

Topics: Entrepreneurship Strategic Planning Business News Advice Business Advice

How To Get Better Insight Into Your Company's Cash Flow

There are many components that go into running a successful small business. It comes as no surprise that financial health can either make or break a business. A lot more determines the financial health of your business than just whether or not you're making more money than you are spending.

Cash flow is one of the most important financial components of your business that you must understand and carefully manage to ensure a successful future. The use of software to gain understanding and insight on the cash flow of your business is crucial to not only keeping your business afloat but helping it thrive.

This is your guide to the importance of understanding the future cash flow of your business and software that can help you achieve this. 

Topics: Accounting Best practices Advice Business Advice Bookkeeping