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Blog • Bookkeeping Tips
Business Advisory, What is it?
You may ask yourself, what does the term ‘Business Advisory Services’ mean? It’s a hot and sophisticated word used today by accountants, CPAs, consultants, advisors, coaches and wealth management folks. What …
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Blog • Bookkeeping Tips
Working on Your business
As a business owner you may be asking yourself the question, or you have heard the question…“What is the difference between working IN your company and working ON your …
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Blog • Bookkeeping Tips
Cash Flow vs Profits
Ask yourself the question, what is the difference between profit or net income, and cash flow? The difference is huge! Accountants and CPA’s put together three financial statements; one …
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Blog • The Market
Calculating a True Net Wealth
When calculating Net Wealth for business owners, there are a few important considerations many people don’t take into account with their business. This is especially important for business owners, …
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Blog • The Market
Unprepared for a Downturn
Any business that started in the past 10 years has only experienced one type of economy and one type of business environment. That would be a growing and healthy …
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Blog • Bookkeeping Tips
Great Time for Acquisitions
As with any economic downturn, a great opportunity arises for well managed and well capitalized companies. Many poorly run businesses will shut down, see their valuations drop, or be …
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Blog • Bookkeeping Tips
Cash Flow Woes
Cash flow. It’s the be-all end-all of any business. It’s what pays the bills. Over half of companies go out of business from a lack of cash flow—not a lack of profits.