Finance

Small Business Accounting in 2024: Outsourcing and Tech Strategies to Beat the Shortage

Accounting Strategies For Small Business / By

In the rapidly evolving landscape of small business entrepreneurship, a concerning trend around the accounting profession has emerged. The lack of accounting talent available signals potential challenges ahead for small business owners. A recent report from the American Institute of CPAs reveals a sharp decline in students earning U.S. post-secondary accounting degrees. In the 2021-22 […]

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Mid-Year Financial Goals Check: Reviewing Budget vs Actual 

Accounting Strategies For Small Business, Small Business Financial Reporting / By

Just about every business has goals, whether they’re informal targets or the product of a more formal plan. But just as important as setting the right goals is monitoring your organization’s progress, including a comparison of budget vs actual revenue and expenses.  Let’s look closer at how to properly conduct these vital reviews and why

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financial planning and forecasting

Advantages of Financial Planning and Forecasting

General Accounting / By

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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Small Business Financial Report Template

The CFO’s Approved Small Business Financial Report Template

Small Business Financial Reporting / By

Serious About Your Small Businesses Finances? You’ve come to the right place, with our CFO Approved Small Business Financial Report Template you get an in-depth review and explanation of all the important financial metrics for your business. Whether you’ve been running a business for a couple years or a couple of decades allow our certified

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Thoughts, Frustrations, and Strategies for Week 3 of PPP

General Accounting / By

The rollout of the Paycheck Protection Program (PPP) could be described in different ways.  I have heard from many, and their experiences have been vastly different.  Even within franchise systems, owners have had vastly different experiences depending on if they have a banking relationship and who it is with. As we sit here today, there

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Young and New Franchisors Should Crunch the Numbers on Online Ordering

Accounting Strategies For Small Business / By

While ordering food online through apps such as Grubhub or Uber Eats has only been around for a few years, it has made a huge impact.  That impact will only continue to grow, especially for franchisors.  According to a survey from orderTalk, 79% of Millennials ordered food last year via an app or a website. 

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Five Ways a CFO can Help you Stick Out in a Competitive Franchising Landscape

Accounting Strategies For Small Business, Outsourced CFO Business Advisory Services / By

While it is hard to get an exact count on how many franchise brands are in the United States, the number is somewhere between 3,500 and 4,000.  While many of the periodicals dedicated to covering franchising devote most of their efforts to brands that are in the uber-growth phase or have well over 150 units,

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