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Too often, too much time is spent in working within the business vs. on the business growth.  There’s confusion between profits and cash flow and it’s most often due to an understanding of revenue, expense drivers and product or service margins.  This is tough stuff to manage appropriately, even for experienced business owners.  There will always come a time when the businesses success grows beyond the capability of the owner or business principal to comprehend
In recent years, cloud-based technology has transformed our lives and given us an opportunity to effectively manage our business and personal needs.  Whether you’re paying bills online or posting pictures on social media, you are technically in “the cloud”.  What is cloud-based accounting? A cloud-based accounting solution uses a virtual server installed on your devices to manage your company’s financial data.  This remote server is housed off site with the selected hosting company.  Your data
Hiring a tax professional to help with tax strategies for small business: 5 important considerations. You’re busy, you’re dealing with day-to-day operations of your particular business and a skill set you have to excel in your field.  But do you: a) really have time to do your tax planning strategy? b) do you have the expertise to do it right?  Most likely, you answered “no” to both questions and that’s the case with most small