These Financial Data Points Are Critical To Strategic Business Planning...
A company's current and past financial health are key indicators of its long-term growth potential. Further, financial data point analysis is critical...
5 Ways to Better Manage Your Company’s Travel Expenses...
Expansions, mobility, and globalization have resulted in increased travel expenses for companies nationwide. The challenges presented by each can be c...
Accrual Accounting vs. Cash Basis Accounting: What's the Difference?
Most small businesses use the cash method of accounting. You record transactions when you receive a payment or when you pay an expense. The main diffe...
How To Forecast Small Business Return on Investment (ROI)...
The return on investment ratio (ROI), also known as the return on assets ratio, is a profitability measure that evaluates the performance or potential...
Key Financial Performance Indicators That Will Help You Grow Your Business...
Your business KPI (Key Performance Indicators) are your tools for measuring and tracking progress in essential areas of company performance. Your KPIs...
Some Business Owners Fear Outsourced Accounting and It's Impeding Their Growth...
Business owners face a number of challenges every day, and accounting is a big one. Businesses are often held back by fear of one or more things such...
The IRS matches 1099s with your tax return, so if you fail to report one, it will pursue you for taxes owed. The deadline to mail 1099s to taxpayers i...
What Types of Business Records Should Kept On File and For How Long?...
Good business recordkeeping lets you prepare financial statements helps you keep tabs on your expenses, and comes in handy if you ever get sued or aud...
11 Of the Most Used Accounting Terms Defined and Explained...
Effective accountants ensure that their organizations understand their legal obligations and financial performance and that they can develop budgets a...
5 Ways That Poor Accounting Processes Hurt The Effectiveness and Bottom-lines of Small And Medium Sized Businesses...
Unfortunately, many small and medium sized businesses (SMBs) often decide accounting systems are nice to have rather than a must-have. Often resources...
Would Your Business Benefit From Outsourced Accounting Services?...
There are advantages and disadvantages that come with outsourcing your accounting services versus using an internal accounting department. Exceptional...
Profit margin gauges the degree to which your business activity makes money, essentially by dividing income by revenues. When your profit margin is no...
