General Accounting

Learn more about general accounting strategies from Krieger Analytics

Unlocking the Power of Data Analytics in Accounting: A Comprehensive Guide for 2024

In today’s fast-paced business world, understanding how to leverage data is no longer a luxury—it’s a necessity. The role of data analytics in accounting has evolved dramatically over the last decade, transitioning from basic financial reporting to driving strategic decision-making across entire organizations. With the right approach, businesses can harness accounting data to optimize revenue, […]

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The Changing Landscape of Small Business Accounting: Why Outsourcing is the Future

In the early 2000s, Marvel Comics was facing a financial crisis. The company, now known for its blockbuster superhero movies, was struggling with massive debt and had even filed for bankruptcy in 1996. Despite having popular comic book characters, Marvel’s financial mismanagement and lack of strategic oversight had brought it to the brink of collapse.

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Why Net Promoter Score (NPS) Matters for Small Businesses: Insights from an Outsourced CFO

Several years ago, while running my own business, I developed a small obsession with the Net Promoter Score metric. This metric, developed by experts at Harvard Business School, provides profound insights into customer satisfaction and loyalty. If you don’t have time to read an entire article, here is a quick background. Net Promoter Score (NPS)

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From the CFOs Desk: Articulating Value in Franchise Sales

It’s a common practice for franchisors to overlook their CFO’s potential in sales. However, it’s crucial to consider their unique expertise. After all, a franchise’s sales are about articulating value. And who better understands the intricacies of building financial and articulating value in a company than a CFO? Seeking their assistance could be a game-changer

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Small Business Accounting

Maximizing Value in Your Finance Department: Cost-Effective Strategies for Small Business Owners

We live in a world where every dollar counts. Small business owners grapple with the dilemma of balancing cost-effective finance and accounting solutions with the need for more expertise. The key question is, how can you get the most out of your financial operations without breaking the bank? This article will explore strategies to set

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financial planning and forecasting

Advantages of Financial Planning and Forecasting

Financial planning and forecasting play a crucial role in the success and growth of any business. By utilizing these strategic tools, businesses can gain valuable insights into their financial future and make informed decisions.  In this blog post, we will explore the numerous benefits of financial planning and forecasting, demonstrating why they are essential for

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Accounting Software to Save Small Business Owner Time

In today’s fast-paced business world, time is of the essence. For small business owners, managing accounting tasks can be time-consuming and overwhelming. However, with the right tools and accounting software add-ons, owners can streamline their financial processes and save valuable time. Most small business owners don’t spend enough time with their small business accounting software

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