by Carson Group Tax & Accounting Advanced Solutions | Jul 1, 2020 | Bookkeeping Tips
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 forced to downsize and layoff a large portion of their employees. Good businesses can...
by Carson Group Tax & Accounting Advanced Solutions | Jun 1, 2020 | Bookkeeping Tips
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. The key metric to gauge cash flow is whether your receivables are coming in quicker than your...