Resources
Guide to Fractional CFO Services
CFO’s Small Business Financial Report Guide
Articles
Finance + Strategy – What You Need to Know
When I first purchased my small business, Monkey Bizness, I took a meeting with a small business strategist. I have to admit, I left the meeting and I turned to my Director of Marketing and asked: “Did you understand what that guy does for businesses?” It wasn’t that the meeting was fascinating and insightful (it
Decoding Accounting – Merchant Services
If you have started a new business, then you have been through the “merchant provider bombardment”. From listening to them, you would think there are huge variations in different providers. However, with a couple of exceptions, they are mostly the same. In this article, we’ll go over what those couple exceptions are, how to do
One Great Idea: Bookkeeping
Keeping your books in good order isn’t something a small business owner should do solely as a tax-savings strategy. It is true that small business owners miss billions of dollars of deductions each year due to messy books which often don’t include a complete detail of all expenses (yes, those $5 receipts you’re missing add
Accounting + Utilization Rate For Your Small Business
If you are a service based small business, you more than likely can measure the utilization rate of your employees. At a basic level, utilization rate measures what percentage of your employees time is spent on work that is billable to a project or client. Your accounting of finance department should be able to track
Decoding Accounting – The Cash Gap
Cash flow is vital to small businesses, more so than almost any other metric or measure. Working capital and positive operating cash flow are also areas where many small businesses struggle. In this article, we’ll take a somewhat simple concept and strategy called “cash gap” and explain how it can work for your business. The