by tracey | Feb 13, 2025 | Accounting Software, Bookkeeping, Business Development, Business Growth, Business Tips, Cost-Savings Tips, News, Profitability Tips, Technology
Running a successful small business takes more than just passion and hard work. It requires a clear understanding of your finances and the ability to measure performance accurately. This is where financial metrics come in. Regularly monitoring key financial metrics...
by tracey | Feb 6, 2025 | Accounting, Cost-Savings Tips
Financial statements are the cornerstone of any business’s economic health, offering a snapshot of performance and guiding decision-making. However, for managers without a background in finance, these documents can feel like deciphering a foreign language. By breaking...
by tracey | Jan 30, 2025 | Accounting Software, Bookkeeping, Business Growth, Business Tips, Cost-Savings Tips, News, Technology
Every business decision has financial implications, shaping the business’s trajectory. Whether deciding how to allocate resources, manage cash flow, or invest in growth opportunities, financial choices play a pivotal role in determining success. Missteps can lead to...
by Fran McCully | Apr 13, 2020 | Business Tips, Cost-Savings Tips, Expense Reduction Tips, Profitability Tips
For many small businesses, it’s time to get scrappy and entrepreneurial when it comes to cash flow. Here are dozens of ideas to make it through the next few weeks or months. Rearrange your 2020 budget. There are lots of things you won’t need to spend money on this...
by Fran McCully | May 18, 2017 | Business Tips, Cost-Savings Tips, Profitability Tips
Assets and expenses both have a “debit” balance on the financial statements, but that’s where their similarities end. Spending on one can make you rich and spend too much on the other and it can leave you broke. An expense is best-described as...
by Fran McCully | Feb 2, 2017 | Accounting, Bookkeeping Tips, Cloud Accounting, Cost-Savings Tips, QuickBooks Software
Have you ever tried on a shirt or jeans and found they didn’t fit at all? They looked great on the hangar, but that was the end of it. Accounting systems come in all sizes, shapes, and colors just like clothing; and just like clothing, some accounting systems...
