Insights
Building Strong Tax Habits for Small Business Success
⏱️ 3 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ Find practical steps to build strong tax habits for small business success. Organize financial records, understand obligations, plan estimated taxes, and consider professional help with a fractional CFO for compliance and optimization.
Is Accounts Receivable an Asset for Small Business Success?
⏱️ 2 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ Master accounts receivable management to improve your small business’s financial stability. Get expert tips on invoicing, collections, and strategic accounting!
CPA Consulting: Why is it important to separate personal and business finances?
⏱️ 2 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ Many small business owners find themselves asking, “Why is it important to separate personal and business finances?” This is an important question that can safeguard your business’s financial health and make your life much easier.
What is Top and Bottom Line in Business? Essential Knowledge for Success
⏱️ 2 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ In business, the “top line” refers to a company’s total revenue or gross sales. It’s called the top line because it’s the first line item on an income statement. The “bottom line,” on the other hand, refers to a company’s net income or profit. It’s the last line item on an income statement, hence the name.
Mapping the Future of Your Business with Year 1 Financial Projections
⏱️ 4 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ Creating a financial projection helps you to develop a strategy and contingency plan for twists in the road.
5 Financial Health Indicators That Matter for New Small Businesses
⏱️ 2 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ In the fast-paced business world, understanding your financial health is crucial for long-term success.
The Risks and Realities of Using Company Funds for Personal Use
⏱️ 2 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ The allure of dipping into company funds for personal use can be tempting, especially for small business owners who often juggle multiple financial responsibilities.
Why Cash Management Matters: A Strategic Accounting Perspective
⏱️ 3 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ As a fractional CFO and strategic accountant, I’ve seen firsthand how effective cash management can be the lifeblood of any organization. It’s not just about
The Best Financing Model for Your Small Startup: Insights for the Ambitious Business Owner
⏱️ 3 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ Small business owners often find themselves perplexed when choosing the best financial model for their startup. Is there a one-size-fits-all solution? Not necessarily, but understanding your options is the key to making a sound decision.