accounting-resources

Accounts Receivable Cash Flow Swing Factors Part One We’ve spent the last few months talking about cash flow drivers. By now you should be surfing the Cash Flow River all the way to the Ocean of the Ridiculously Wealthy. Or you should at least be feeling more confident and informed. If you’re going to be […]

Can Your Accounting Staff Take You To The Next Level? When you start a company you’re not thinking about the skills and talents your employees will need years down the road. You’re focused on survival, and that often means hiring just about anyone who will take the leap of faith with you at the pay

A Commonsense Approach to Budgets Remember when eggs had such a bad rap because of their cholesterol content that many Americans banned them from their diet entirely? Then came the Atkins revolution and suddenly eggs fried in butter with a side of bacon was considered a healthy choice. Both extremes ignored the option for a

Harvesting The Bounty Cash Crop for Business Owners Part Three Why you should be evaluating the crop and not just eating the produce. You’ve planted the seeds, watered and fertilized them, and now they are starting to bear some fruit (or vegetables…or profit margins). Now what? It’s time to assess your harvest. When you planted

Marketing Budgets and Metrics Marketing isn’t usually comfortable speaking about money. But being able to prove monetary worth in a corporation ensures gold will rain down upon your head. Okay, maybe that’s a bit much. But credibility and a seat at the leadership table will certainly be more likely. In this article I’ll cover marketing

Managing Receivables To be successful in business you must be paid in a timely manner. If you’re like most businesses, you sell on credit, asking your customer to pay an invoice within a set time, like 30 days. During those 30 days you are essentially lending money to your customer, with the expectation that you

How To Find a Bookkeeper or CFO Six Steps For Finding a Great Part-Time Bookkeeper or CFO 1) Choose a person who is experienced, professional, trustworthy, and fully vetted. Make sure that you (or someone) has interviewed thoroughly, skill-tested, and background checked the person you choose. This person will be handling your money. Make sure

How To Improve Your Hiring Process Growing Your Business Through Smart Hiring: This Five-Step “Hiring Tune-Up” Will Help You Stay One Step Ahead of Your Competition Quick Links Don’t Assume Your Employees Are Staying Put Review Your Current Staffing Model Build A Pipeline For Good Talent Review Your Hiring Process Manage The “Fragile Time” About

Getting the Best From Your Bank A strong relationship with an interested bank is an important part of your business. But for many entrepreneurs, banking relationships can be confusing, frustrating, and intimidating. Here are some tips for fostering a healthy partnership and getting the best from your bank. Know What your Banker is Looking For

Customer Profitability Logic would tell you that attracting a large number of customers and providing the highest quality of service is a sound formula for success. However, what that formula doesn’t take into account is customer profitability. Satisfying the needs of all customers with little or no account taken of the value of each customer