Small Business Accounting Terms Top CFO's Say You Should Know Now

Outsourced CFO Business Advisory Services · 4 min read

Virtual CFO Services: What Should You Expect

Virtual CFO services are more than a person behind a computer, crunching numbers and running reports. They are an extension of your business; an additional team…

Small Business Accounting Terms · 6 min read

The Cash Flow Statement Primer

Every business owner is aware of the concept of cash flow. It is, afterall, the ultimate measure of how a business is doing. The ways that…

Business Accounting Guides · 4 min read

Demystifying Accounting Roles: CFO and Controller

The structure of a small business is often intricate. Finance and accounting teams are made up of many roles with different levels of authority and responsibilities. …

Small Business Accounting Terms · 6 min read

Who cares about GAAP? Unfortunately, Franchisors must

GAAP is the four-letter acronym for Generally Accepted Accounting Principles….most non-accountants have other four-letter words they might use to describe it. Most entrepreneurs and business owners…

Small Business Accounting Terms · 3 min read

Crash Course: Budgeting for Profit

The last time you budgeted for your business, I am sure you did it the way 99% of owners do. You projected your revenue based on…

Small Business Accounting Terms · 9 min read

Decoding Accounting: A Crash Course in Inventory Management

I love Under Armour. I am very brand loyal and it is not uncommon to see me in multiple Under Armour outfits throughout the week. As…

Small Business Accounting Terms · 6 min read

Decoding Accounting: Cash vs. Accrual

I was meeting with a business owner last week who told me they were interested in moving to accrual-based accounting method. They were currently on the…

Small Business Accounting Terms · 12 min read

Decoding Accounting: Old 401(k) Math + New Rules

The Department of Labor released a new rule to make it easier for small businesses to band together to create joint 401(k) retirement plans for workers. …

Small Business Accounting Terms · 7 min read

The Business Owners Guide to Analyzing Your Small Business Income Statement

Small business owners hate reviewing their financial statements. A combination of it being a reality check and the general disdain for numbers give owners heartburn at…

Small Business Accounting Terms · 6 min read

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…

Small Business Accounting Terms · 6 min read

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…