In business, due diligence is a critical phase when each of a company’s documents and records are scrutinized. This process plays an important part in mergers, acquisitions, and fundraising when determining the worthiness and risk of a deal. However, this phase can be daunting and is often marked by various challenges for companies, particularly when […] Read more “Why Companies Need to Have a Data Room”
Category: Accounting
In the realm of business finance, each and every transaction is significant, not just for the immediate financial health of the company, but also for its long-term stability and compliance with laws and regulations. As a business owner, you are responsible for maintaining financial integrity by meticulously tracking receipts and bills for every transaction that […] Read more “The Importance of Matching Receipts and Bills for Every Transaction”
A budget is an essential financial tool for your business, but creating an actionable budget is often difficult. Many business owners create a budget at the start of the year–only to stray from it within a few months. This article will go over some tips and tricks for creating a business budget that you can […] Read more “How to Create Your Budget So You’ll Actually Use It”
Launching a startup is an exhilarating and often difficult journey. Successfully navigating the complexities and curveballs that are thrown your way is what will set you apart on your path to creating and running your business. One major aspect of running your startup is successfully managing your cap table. A cap table, short for capitalization […] Read more “Cap Tables for Startups”
Cash flow is critical to the success of your business – it determines your ability to meet short-term obligations and your ability to invest in growth. If you find yourself wanting to improve your cash flow in 2024, then this article is a great starting point to get your business on the right track. As […] Read more “5 Steps to Improving Cash Flow in 2024”
As 2023 draws to a close, we find ourselves at that time of year again – the time to complete your year-end review. Your year-end review is more than just a reflection on the past year; if done correctly, it will also serve as a roadmap for your business to follow in the year ahead. […] Read more “What to Look for During a 2023 Year-End Review”
Starting a business can come with a plethora of financial challenges, but a budget forecast can serve as a valuable tool for creating solutions. In this article, we will take a look at what budget forecasting is, the many benefits of using a budget forecast, and why you should consider implementing it into your business […] Read more “Why You Need a Budget Forecast”
I’ve always had an interest in investments. Whether it’s in the form of stocks, a 401k, certificates of deposit, or any other investment vehicle, I firmly believe the key to preparing for your future is investing early. With that being said, I feel there is a significant lack of education on the topic. So, I’ve […] Read more “Invest Early to Jumpstart Your Financial Journey”
If your business needs financial management or other financial services, then CFO advisory services may be worth looking into. For businesses today, the role of a Chief Financial Officer (CFO) has evolved beyond a traditional financial manager. A CFO not only oversees traditional financial operations, but also helps to guide the direction of the company […] Read more “Does Your Business Need CFO Advisory Services?”
Creating and tracking financial goals for a business is crucial for long-term growth and success. By setting clear objectives and goals, developing a budget, monitoring cash flow, using key performance indicators (KPIs), and regularly reviewing and adjusting goals, your business can run optimally and make informed decisions as needed to improve your financial situation over […] Read more “How to Track Financial Goals for a Business”
Automated bookkeeping and a focus on strategy go hand in hand. Why? Because strong bookkeeping is the foundation of all of the numbers you need to improve your business and make the right decisions, it has a direct impact on the success or failure of that business. This is why efficient and accurate bookkeeping is […] Read more “How We Use Automated Bookkeeping to Focus on Strategy”
Not only is preparing a budget important for your business, but it is also imperative that your business regularly monitors and analyzes your budget to actual results. The results of this report give you the insight you need to make important budget changes when and where they are needed. The ability to pivot quickly based […] Read more “How to Analyze Your Budget to Actual Results”