Empower Yourself With Business Knowledge

Diving into Cash Forecasting

We all know cash is king. Cash is also the number one reason companies go out of business. I’m always amazed by the number of business owners who don’t use a cash forecasting tool to manage their business. Unless you are one of the lucky businesses with plenty of cash in the bank, here are some simple steps you need to dive into managing your cash flow.

The Hidden Costs Behind Business Growth

Scaling operations is a buzz word in today’s business world. Everyone we talk to has plans to grow and scale their business. Most executives and management teams don’t understand the hidden costs behind their planned business growth. It’s not as … Read More

What is the Difference Between a Bookkeeper, Controller and CFO?

A bookkeeper answers to the controller who then answers to the CFO. Each position maintains an important level of financial accuracy within the business. With so many transactions happening at any given time, this system is put in place to strike a good balance and financial standing.

Time to Spring Clean your QuickBooks

Spring is here! Watching Mother Nature come back to life inspires many to partake in spring cleaning rituals. Have you ever thought about spring cleaning your business and financial statements? Don’t know where to start? Read on and I’ll share … Read More

The Dangers of Cutting Costs

Lowering expenses can be a good thing, if you’re cutting out non-value added extras. On the flip side, cutting costs can be detrimental to your business. I know, you think I’m crazy. Right? Think about it for a minute. Your business is successful because you offer a product or service that others value and want to purchase. Your customers have come to expect a certain standard from you and expect your product and/or service to meet or exceed this standard. Sadly, cutting costs can have a negative affect on your customers.