Published August 18, 2023 – Financial management is a critical aspect of any organization’s success. To make informed decisions and steer the company toward its goals, businesses rely on various tools and techniques. Two such essential tools are financial forecasting and budgeting. While these terms might appear synonymous, they have distinct purposes and functions within […]
Published August 18, 2023 – Effectively managing cash is crucial for the success of any small business. Here are some practical tips to help you make the most of your cash. Monitor Cash Flow Monitor Cash Flow: Regularly track your incoming and outgoing cash flow. Use accounting software or spreadsheets to create cash flow statements. […]
Published August 18, 2023 Understanding the Crucial Role of a Certified Public Accountant (CPA) in Business Operations What is the role of a CPA in a business? Here’s what Steve Steward, CPA has to say, “I am your trusted advisor to give independent professional advice on accounting, taxes and general business issues.” Steve Steward, CPA […]
Published August 17, 2023 When it comes to acquiring a vehicle for your business, you may find yourself facing the decision of whether to lease or buy. This is an important choice that can have long-term implications for your business’s finances and operations. In this comprehensive guide, we will explore the factors you need to […]
What is the first difference between cash basis and accrual basis?
Published August 17, 2023 – We’ll learn about something called Employee Retention Credit (ERC). It’s like a helping hand for roofing companies when things are tough due to the pandemic. This guide will show how roofing companies can use the ERC to help them. We’ll talk about who can use it, why it’s important for […]