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...
“Cash is King.” We hear this phrase time and time again, but why is it so important for small and mid-size businesses? The short answer – if you run out of cash, your business fails. Seems obvious, right? However, what may not be as obvious is that being...
The CFO role within an organization depends on several factors. These components may include the expectations coming from the CEO and board of directors, and may also vary depending on the industry, corporate strategy, and the goals of the business. A company’s size...
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...
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 important? Well, mostly...
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...
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...
Signature Analytics was engaged by a rapidly growing San Diego brewery which, at the time, did not have an internal accounting function. The brewery’s management team spent the majority of their time on the operations of the business, so it was not possible to...
