Learn more about general accounting strategies from Krieger Analytics
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 […]
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
Advantages of Financial Planning and Forecasting Read More »
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 »
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 »
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 »
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 »
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 »
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 »
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
Financial Dashboards and Scorecards for Small Business Owners Read More »
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 »
