Outsourced accounting, small business bookkeeping, and outsourced controller services have become a more common solution for small businesses today. Why? The advantages, which once were only enjoyed by mid-market and enterprise companies, are becoming understood by smaller companies. With a remote, …Read More
Private equity investors aren't always the most obvious source of funding for startups and small businesses. But they're an increasingly important one, especially for entrepreneurs looking to scale beyond the startup phase. There comes a time when you need cash to grow--for new equipment, more inven…Read More
Working capital is a common measure of a company's efficiency when it comes to its day-to-day operations. It’s the difference between what you take in and what your payout. The problem for small businesses is that sometimes you don’t have the money you need. You could choose to skip paying your …Read More
A financial controller is a vital part of the accounting department for every business. They head up the accounting department and are responsible for supervising bookkeepers and accountants, producing month-end close reports and helping guide CEOs to make critical business decisions. While some com…Read More
As a business owner, you are faced with many choices. If you’re in start-up mode, you are managing just about everything in your business, from bookkeeping to sales, from rainmaking to employee management and probably even a little HR thrown in just to keep things interesting. As your business g…Read More
Starting a new business in the competitive business world is an exhilarating experience, but it is also risky. You need to deal with an endless stream of complex problems and administrative tasks, which require a lot of attention. Managing small business finances is one of them. Small business bookk…Read More
It's not a secret: Americans don't like Tax Day. A 2014 survey found 56% don't like doing their taxes, while 26% absolutely hate it. Doing your taxes is a complex process. You have to get all of your documents together, meet with your accountant, and potentially answer more questions. Even if you hi…Read More
Working capital is defined as current assets minus current liabilities. For example, if a company has current assets of $90,000 and its current liabilities are $80,000, the company has working capital of $10,000. Regardless of a company’s size or industry sector, working capital is an important me…Read More
How often do you seek out your accountant’s advice on other areas of your business excluding taxes? Small business accountants are savvy financial advisors who can assist you with more than just filing tax returns, and regular meetings with your outsourced accounting service provider can help you …Read More
Small business owners face a number of challenges every day, and accounting is a big one. Accounting is probably not your passion, but keeping your books organized is crucial for your small business. Some of these challenges have the power to influence business operations, profitability, efficiency,…Read More
