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The Top 5 Financial Reports Every Business Owner Should Review

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 effectively run your...
Managing Your Revenue Cycle: 6 Accounts Receivable Best Practices

Managing Your Revenue Cycle: 6 Accounts Receivable Best Practices

It’s simple… run out of cash and your business fails. That is why good cash flow management is so imperative to the success of your company. A common source of cash flow problems (especially for small and mid-size businesses) is poorly managed accounts receivable. The...
10 Tips to Help Improve Your Company’s Cash Flow

10 Tips to Help Improve Your Company’s Cash Flow

In our last article, we discussed the importance of cash flow management for small and mid-size businesses. Now, you know why it’s important to monitor and analyze your cash inflows and outflows. We thought you would also like a few quick tips to help improve...

What Should Small and Mid-size Businesses Expect From Their CFO?

The role of a CFO within a company will depend on several factors, including the CEO and/or board of directors’ expectations, the industry, corporate strategy and business aspirations. A company’s size will also have a significant influence on the CFO’s role; however,...
When Should You Consider Outsourcing Your Accounting Operations?

When Should You Consider Outsourcing Your Accounting Operations?

Do you spend late nights and weekends struggling to keep up with your company’s accounting records? Or worse, does this time intervene with the time spent running the operations of your business? Are you unable to assess the profitability of your business or perhaps...