Are you measuring the right key performance indicators and watching the right metrics? Do you have the time and resources to focus on the financial functions your business needs for success?
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Automated accounting software and tools used to cost a fortune, and they were typically reserved for large corporations with money to burn. Thankfully, accounting systems have come a long way in recent years and are more cost effective than ever.
Playing the “what if” game can be dangerous, but sometimes it is a necessity. Pro forma financial statements enable businesses to perform at their best by preparing for the worst. Whether a company is going to market or introducing a new product, both the ideal and worst-case scenarios should be considered. Developing pro forma financial....
Paycheck Protection Program (PPP) loans have helped many small businesses stay in operation during the COVID-19 pandemic. As the impact of the pandemic is still being felt across the country, new measures are being taken for small business relief. More than $284 billion is budgeted for a new round of PPP loans through the CARES....
For most startups, the focus is on growth. Unfortunately, many entrepreneurs are not well-versed in accounting methods and early financial decisions can greatly impact the long-term success of a business. When starting a business, it is crucial to establish strong, sustainable financial practices from the beginning. Leaving these decisions for later can cause significant challenges....