Contact Us 800.405.6035
Contact Us 800.405.6035
Occupy Your Mind with These Tasks to Stay Positive A recent poll by the American Psychiatric Association found significant mental health effects on the population due to COVID-19. Here are some results from this poll: 36 percent of respondents agreed “coronavirus is having a serious impact on their mental health.” 59 percent of respondents “feel coronavirus…
10 Ways a Business Accountant Can Increase Your Profitability Business owners are often too busy with the day-to-day running of their business to sit down and analyze their accounts. But, those figures in your accounts could hold the key to higher profits. Your accountant will have a wealth of knowledge learned from other businesses in…
Ensure Your Company Has Cash Flow for Growth Cash flow problems are a major obstacle to business growth. Neglecting to solve the issue will make running your company increasingly difficult. If you are unable to contain the situation, your business may eventually have to close. Fortunately, there are some steps you can take to ease your…
A Comparison of Business Financing Methods From inventory and equipment to insurance and marketing, you purchase a variety of goods and services to run your business. That means you’ll need plenty of cash flow or have to secure funding to pay for it. While there are dozens of ways to finance your business, most are…
Track Trends and Look for Unusual Movements in Your Numbers No matter the size of your company, business owners are busy people. Even so, it’s important for business owners to keep their finger on the pulse of their company. So, don’t ignore that pile of reports that your accountant hands you at the end of…
Maximizing Profits in Your Small Business Whether you are evaluating your investment returns or trying to improve your small business, it’s not how much you make but how much you get to keep. If your small business makes $500,000 a year but you lose more than half to taxes, you could end up just…
Explore these Avenues to Maintain Healthy Cash Flow Financing for small businesses can be difficult to obtain through traditional lenders. Most banks require you to have excellent credit and high annual revenues. They also require your business to have been in operation for more than two years. Even then, most banks approve less than half…
How Efficiently is Your Business Using its Assets to Create Profit? One way of assessing how well a business is performing is by analyzing asset turnover ratios. These ratios show how effectively the business’ assets are being used to create profits. Also known as asset utilization or management ratios, asset turnover ratios are of particular…
Accurate and timely accounting is an important feature at your business. If things go wrong on the accounting front, it can create detrimental consequences for your business. The importance of accounting makes it valuable to have a great system put into practice. With the risk of errors and oversight present, there are several things to…
Make Cash Flow Management Your Top Priority Cash management plays an important role in the success of a small business. Even a business that has a good product or service can fall by the wayside due to poor cash management. While growth in sales is something to cheer about, this does not necessarily represent immediate…