How to Read a Financial Statement

Whether you’re an aspiring entrepreneur, director, or CEO, understanding your company’s financial health is a vital skill you must develop. Building your knowledge about this domain is the most potent skill in your arsenal to identify potential opportunities better and avoid undue risks. Financial statements give you a quick sneak peek into your company’s monetary […]

Why Outsource Your Accounting

Accounting is a specialized domain in the corporate world and has some kind of presence in almost every business. From small businesses to blue-chip companies like Apple and Microsoft, companies rely on their accounts department to better manage their financial affairs. However, in today’s fast-paced world, businesses would prefer to focus on boosting their returns […]

4 Basic Financial Statements – What Are They and What Do They Tell You

Whether you are a director of a small business or a CEO of a multinational, you will be dealing with lots of facts, figures, and financial statements to make some critical decisions. For that, it is of utmost importance that you understand the basics of financial statements. The best part is that you do not […]

Professional Bookkeeping: Why Hire an Accountant

Most business owners do not realize that poor financial management is one of the reasons why businesses fail. According to Forbes, 80 percent of businesses fail within the U.S. during their initial 18 months due to mismanagement of finances. Unfortunately, this happens when companies try to take matters into their own hands when it comes […]

Cash Flow is NOT King

Did you know 47 percent of retail businesses fail within the first four years?  Are you a CEO or Owner of the company wondering what’s wrong with your business? It may be because you’re looking at your bank statement [cash flow] instead of your books. Why you keep almost running out of cash? Or maybe you […]

Business Accounting, Payroll or Bookkeeping Services?

CPA Firms, Bookkeeping Services, Payroll Services, Outsourced CFO, and Contracted Accounting Services – What are the differences and what do I need to be successful? We get this question from almost every single client we meet. In order to make a good decision on choosing any or all of these services you’ve got to understand […]