Operating a successful business is no easy task. It requires a great deal of time, energy, and extensive planning. One of most intimidating, yet essential, tasks that a business owner will undertake is the creation of a business budget. Even the most seasoned entrepreneurs dread it. Even so, they understand that creating and sticking to a business budget is critical...
Finance & Operation Resources
Free E-book: Cloud-Based Accounting Software
In this e-book you will learn: Why online accounting software is such a game-changer for small businesses The pros and cons of each of the 11 most popular accounting enterprise resource planning (ERPs) Which applications are best suited for your business and why The best application add-ons to help you further customize your accounting Detailed and unbiased user insight Download...
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
In financial reporting, there's nothing simpler than an income statement, or P&L (profit and loss statement). Without good, clear, bookkeeping and an income statement, it is hard to have the confidence to act and make the best business decisions. Get the scoop on putting income statements to work for you.
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...
Cash Flow Forecasting Template
Forecasting your cash flow can be a daunting adventure, one fraught with mistakes, uncertainty and confusion. It doesn't need to be. We've put together a cash flow template for you. Any business can use our template to get a handle on their cash flow on a week by week basis. This cash flow template will help you to foresee issues...
An Entrepreneur’s Guide to Financial Reporting Data
Taming the beast that is financial reporting data (part 2) 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...
Realizing the Importance of Cash Flow Analysis
Many companies become hyper focused on revenue metrics (sales & marketing), but miss cash flow analysis -- hurting business growth.
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...