Blog
Category: Business Finance
How to Identify and Avoid Obsolete Inventory
Whether you are in retail, the supply chain, or are a manufacturer you have inventory. Ensuring that your inventory is “fresh” is a key to…
Key Financial Processes Questions and Answers
In the early days of your business, you might have managed your books single handedly or hired an outside accountant to take a peek at…
3 Paths to Making Your Independent CPA Audit a Success
Why Audits Matter For many middle market, closely-held businesses, the annual independent financial statement audit is an important part of the financial reporting process. Lenders,…
Corporate Social Responsibility Makes Good Business Sense
Think of giving not as a duty but as a privilege. – John D. Rockefeller Jr. Being recognized for Corporate Philanthropy has long been thought…
A Business Owner’s Perspective on Financial Statements
Don’t ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.” – Tilman J. Fertitta When…
Common Small Business Bookkeeping Problems and Solutions
It’s a tough environment for small businesses in the United States, particularly new ones. The Bureau of Labor Statistics reports that almost 20% fail in their first…
Accounting is a Team Sport
Repeat after me… Accounting is a team sport.” This has been my mantra for the past 30 years and it’s as important and true now…
How to Close a Business Successfully
I have not failed. I’ve just found 10,000 ways that won’t work. – Thomas A. Edison For whatever reason, you’ve determined that it’s time to…
Top 10 Federal Tax Compliance Issues for Businesses
We recently covered the cost of tax compliance in this recent article. The costs are a direct result of how companies face a myriad of…
Business Drivers: Monitor, Measure & Leverage for Future Performance
What senior manager hasn’t looked into the future to plan the growth of their business? The forces that drive the market acceptance and commercial success…