Author: Andrew Lyon
Defining ROI for Your Small Business
Return on Investment (ROI) is one of the most important tools in a business leader's tool kit. By understanding ROI or return on investment, business owners and project managers can make more effective decisions for a business. From deciding whether to offer a specific new product or service line to determining how to best utilize the marketing tools at your...
Three Tips for Small Business Tax Preparation
Tax season is upon us. Is your small business ready? Tax season can be stressful, and it often seems as though it adds a lot of work for small business owners who are already balancing many different priorities. From dealing with human resources (HR) to marketing and operations initiatives, it seems easy to let tax preparation fall by the wayside....
Bookkeepers of the Future
Why are bookkeepers important? Bookkeepers have always been an integral part of successful, growing businesses, but their value is often discounted. To someone without an accounting background, the profession may seem straightforward and fairly static. While it is true that the foundations of performing the business' accounting rarely changes, the bookkeeping profession has been constantly evolving and expanding. This is...
Income Statement Confidence
15 Critical Questions to Answer Before Talking to a Business Investor
Developing your idea - answering the must know questions One of the biggest challenges that new company founders come up against is knowing what questions to prepare for when raising money. This can also inform how you build your pitch deck to take to business investors. It isn't easy to get ready for these sessions. What you can do though...
Taming the Beast That is Financial Reporting
The journey to understanding - Part II In the first part of this series we looked at the sources of financial data that your business generates, how to see them, and most importantly how to understand some of the errors that are inherent within it. In this post, we'll dive into analyzing your data to understand how you can derive...
Taming the Beast That is Financial Data
The journey to understanding Getting a handle on the financial data that your business produces is a monumental task, but once done, decisions with financial implications can be made with confidence and understanding. Making sense of your financial data is a long journey that requires diligence, patience and persistence. When engaged successfully your financial data can help you make more...