General Accounting

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 […]

Accounting Software to Save Small Business Owner Time Read More »

How to Implement Business Tax Planning Strategies Year Round

General Accounting / By Matt Krieger

Implementing effective business tax planning strategies is crucial for any company, but leaving tax planning until the end of the year can create stress and cause you to miss out on savings opportunities, which is why you should be focusing on it all year round. In this article, we will look at the advantages of

How to Implement Business Tax Planning Strategies Year Round Read More »

Using Agile Methods in Small Business Finance and Accounting

General Accounting / By Matt Krieger

In May of 2022 I attended a CFO conference put on by the American Institute of Certified Public Accountants. As is often the case, there are 3 to 4 themes that emerge throughout the week. At this particular conference, one of those themes was the use of agile methodologies in finance and accounting departments. At

Using Agile Methods in Small Business Finance and Accounting Read More »

The Cash Cushion Sweet Spot: The Right Amount of Cash Reserves for Your Small Business

General Accounting, Small Business Cash Flow Management / By Matt Krieger

Determining the Right Cash Reserves for Your Small Business: Insights from a CFO Running out of cash can spell disaster for a business. But hoarding too much can be a waste. So, how much is just right? In this article, I tackle the crucial question most frequently asked by current and prospective clients: How much

The Cash Cushion Sweet Spot: The Right Amount of Cash Reserves for Your Small Business Read More »

What to Expect from your Virtual CFO

General Accounting / By Matt Krieger

Check Out The Video An Introduction Starting and keeping a small business afloat is no small task. In most cases, you may lack experience in the financial and strategic processes involved in running a business. This can have you thinking you need a large accounting department to run things smoothly, but that’s not the case.

What to Expect from your Virtual CFO Read More »

The Best Approach For Conducting Market Research

General Accounting / By Matt Krieger

No matter your background, market research is key to any successful business venture. Today starting a business is easier then it has ever been. Nevertheless, those looking for long-term success must have a sound approach to information gathering. Maybe you are fresh out of business school, maybe you are a retiree who finally has the

The Best Approach For Conducting Market Research Read More »

Dashboard for Small Business: Financial Scorecards for Owners

General Accounting, Small Business Financial Reporting / By Matt Krieger

How far would you get into a road trip without your speedometer, gas gauge, map, or GPS? Likely not very far. So why are you still running your small business without a financial dashboard? I am not the first person to equate the financial dashboard to the dashboard of a car, but it is a

Dashboard for Small Business: Financial Scorecards for Owners Read More »

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

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

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

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

A Small Business Budget: Examples and Tips

General Accounting / By Matt Krieger

If you don’t have a budget for your small business, don’t worry. You’re not alone. In fact, half of small businesses run without a budget. Why? Because many business owners suspect that even if they make a budget, they won’t be able to stick to it and it will be a waste of time. Fortunately,

A Small Business Budget: Examples and Tips Read More »

Small Business Financial Reporting and Analysis

3 Comments / General Accounting / By Matt Krieger

What is Financial Reporting and Analysis? When people ask me this question, there are a few metaphors that I could use to describe financial reporting. Sometimes, I will explain financial reports as your company’s report card, while at other times, I will describe it as the roadmap. I particularly like the roadmap metaphor for financial

Small Business Financial Reporting and Analysis Read More »

Learn More About CFO & Controller Services