The Signature Analytics Blog

Insights and resources, articles and news. We write about the issues you face, from cash-flow shortfalls to business advisory topics that span industries. Grab a cup of coffee and read on…

top 5 business reports every business owner should know

The Top 5 Financial Reports Every Business Owner Should Review

There are several financial reports that will provide insight into the past, present, and future financial state of the business. As a business owner, it is critical to have an annual report of this financial data as it will allow you to more…

Cash Basis or Accrual Basis – Which Accounting Method is Right for Your Business?

Whether you own a small company or a large corporation it is important to maximize the value of your accounting records so you can make the most informed and appropriate decisions for your business. The accounting method your company uses can…

Importance of GAAP & Why We Use It

News

In 1971, Coca-Cola launched a campaign to unite the world by sharing a coke. GAAP, in the broadest sense, is similar but rather than joining the world through carbonated sugar water, the purpose of the Financial Accounting Standards Board (FASB)…

5 Ways to Improve Internal Accounting Controls and Oversight in Your Business

Accounting & Financial Analysis, News

Earlier this year, a company approached us after identifying some unusual checking activity while their bookkeeper was out of town for a week at training. They asked us to come in to look at all of the activity and determine if their accounting…

8 Things to Consider When Planning an Annual Budget for your Business

Cash Management & Forecasting, News, Planning for success

Crafting an annual budget is one of the most important financial aspects of a business, but often gets overlooked. Business budget planning is an essential task that is frequently neglected at small and mid-size companies. So why is it so…

Signs Your Company Needs to Hire a CFO

Accounting News & Guidance Updates, News

Once your company has achieved a certain level of success, there are hiring decisions that must be addressed to sustain and continue scalability into the future. For most small and midsize companies, hiring a full-time CFO is not within…

Top 6 Employee Engagement Killers

News

In 2007, when Elizabeth Holmes was leading doomed consumer healthcare technology company, Theranos, from startup to a multibillion-dollar empire, she approached her head of engineering and requested that the engineers work around the clock,…

Understanding Your Financial Statements

News

As a business owner, you have probably heard it a hundred times over: businesses fail due to poor cash flow management. However, knowing the cash inflows and outflows of your business are just one area of understanding the economic performance…

The benefits of forecasting

News

Every business can benefit from a forecast model. Not only does it tell you what to expect both seasonality-wise and cash-wise, but it’s also an excellent benchmark for measuring your actual activity. However, business owners are not always…

Creating A Budgeting Plan With The Most Overlooked Factors

News, Planning for success

Chances are, as a business owner or decision-maker, you are always running from point A to point B. You have a call with a prospect at 7:15, need to drop the kids at school, and somehow get in the office for a meeting at 8:00, and when you get…

Why your budget is failing and how to fix it

News

Your budget is a management tool that also helps your business plan for its financial growth. Planning alone is not enough. A budget can help manage your costs, determine whether profit goals are within reach, and monitor cash flow. Basically,…

Planning a strategic budget that sticks

News, Planning for success

A budget isn’t just a piece of paper; it’s a tool for your business. The majority of businesses out there don’t have a formal, written budget or plan. Maybe the business owner has put one together and then put it away in a drawer and…

4 things fractional employees want their clients to know

News

Over the past few years, fractional hiring has become a growing trend especially for fast-growing companies who lack the financial budget to hire seasoned, experienced employees. While many companies who hire fractional employees treat them…

Renewing Your Business Line of Credit

News

Every one to two years businesses is required to renew their line of credit. And while this shouldn’t be a surprise to many business owners out there, there are ways to ensure an even smoother, more efficient renewal process. Here’s…

5 Valuable Ways to Fund Your Growing Business

News

The challenges of growth can destroy your business, especially if you lack the funds to support it. There are plenty of funding options out there to support or accelerate the growth of your business. The key is choosing one that fits the business's…