When purchasing a new vehicle, the driver gets the fun of riding around in a new car with the new car smell! …
5 Ways To Speed Up Cash Flow
One of the biggest challenges for small businesses is managing cash flow. If it seems like there is never enough cash to …
CFO Does Not Equal No! A Strategic Approach to Transformative Financial Leadership
Perhaps the most important and dynamic relationship within a business is between the Owner/CEO and the CFO. The Chief Financial Officer is …
Recruiting Incentives – When Should You Consider Hiring Bonuses
Remaining competitive as a business requires more than just careful budgeting and a keen eye for marketing and industry trends. Leaders also …
A Report Card for Your Business Financials
We all remember the days when we got a report card from school? Now that we have a business, it has a …
Cash Flow for Small Business: The First Step to Financial Clarity
For a small business to succeed in today’s marketplace, it’s imperative that the owner or management team know its numbers. Creating a …
Business Planning Made Easy for 2019
2019 is here, which makes today the perfect time to think about business goals and where the company should be one year …
How to Survive a Worker’s Comp Audit
Small businesses with employees have the distinct honor once per year of being part of a worker’s compensation audit. Worker’s compensation is …
How to Plan for Large Purchases
Small business owners often struggle with knowing when it’s the right time to make that next big purchase for their company. Sometimes, …
How to Cut Costs with Fixed Assets Management
Fixed assets include land, buildings, equipment, furniture and vehicles the company owns. While expenses are frequently evaluated to cut costs, fixed asset …
When to Revisit Your Budget
A small business’s budget should be a fluid document. At no point in time should an entrepreneur adopt the “set it, and …
Five Tips to Deal with Seasonal Cash Flow Issues
Maintaining a consistent cash flow can be a struggle for some small business owners, especially if their business is seasonal in nature …
Don’t Nickel and Dime Clients
Unexpected fees are frustrating. Mention car dealer fees or the convenience fees associated with buying concert tickets online and a heated discussion …
How to staff an accounting team
When hiring an accounting team, it’s important to first look at the business’s needs. What a company requires from an accounting perspective …
Five Common Mistakes to Avoid When Hiring for Your Accounting Department
There’s a lot more to accounting than crunching numbers. It’s a highly complex profession that requires an individual who not only excels …
When to Hire a CFO
For some entrepreneurs, it may take years to achieve a sustainable cash flow, while others experience rapid growth and expansion within months. …
Word of the Year: Pricing
It’s simple. Companies are in business to make money. They do this by: providing a service; producing a product. Many companies struggle …
Top 5 Financial Mistakes in Manufacturing – Tips for All Businesses
By Kurt Dyck The average small business manufacturing company produces anywhere from dozens to hundreds of thousands of products a day. It’s …
Financial Due Diligence Steps to Take When Purchasing a Business
Buying a business is no simple task. It’s a complex undertaking that includes a multi-step due diligence process to ensure the investment …
Five Ways to Streamline Your Payroll Process
For business owners with employees, payroll is a necessary task that can often takes a lot of time. To make payroll less …
How performance measurement drives business success
All businesses strive to be profitable. However, achieving success can be difficult, especially with multiple lines of business. Selling a high-margin product …