Accounting Strategies For Small Business

Take ideas and strategies that you think might only apply to bigger companies, and relate them to small businesses.

forecasting

Why Bookkeeping Fails – Forecasting: The Future Is More Important Than the Past

2 Comments / Accounting Strategies For Small Business, General Accounting / By

For many small business owners, accounting can be intimidating. Many owners are strong with numbers and record keeping, but few are financial professionals. Concepts like enhanced bookkeeping or cash flow management can seem difficult and unapproachable. Financial forecasting, in particular, can conjure up feelings of dread for business owners. But, as the saying goes, ignoring […]

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Enhanced Bookkeeping and Outsourced CFO Services

Why Bookkeeping Fails: Traditional vs. Enhanced Solutions

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As a small business owner you are very aware of just how little time there seems to be each workday. Running a business isn’t easy, and requires a real investment of time and energy. Business owners can find themselves putting out fires or dedicating time to more pressing problems. Accounting, finance, and bookkeeping are activities

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Traditional Bookkeeping Doesn’t Work Today

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When asked, almost any successful business owner would agree that bookkeeping is a vital part of keeping their business running. As a small business owner yourself, you probably value keeping a detailed and accurate account of your business’ financial data, and you may even dabble in bookkeeping yourself if the need arises. Nearly half of

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How to Find Investors for Small Business

Accounting Strategies For Small Business / By

While starting a business can be exciting, finding investment is often filled with uncertainty. What you might not know is just how important the right investor partnership could be for your small business. According to a study from the Harvard Business Review, investor money “has become an essential driver of economic value”.  What specifically does

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Thrive in the New Normal with Lessons from the Past

Accounting Strategies For Small Business / By

As most small business and franchise owners emerge from quarantine, multiple questions hang in the air. What does the future hold next? When will consumers feel comfortable again? When will we get back to “normal”? Early indications from China and other countries that have “reopened” are that consumers will be slow to come out as

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