Furthermore, the vendor often fails to understand the huge impact on the value that relates directly to this issue. Ask any seasoned observer of the SME deals market to name one major obstacle towards success, and a consistent response will be owner-operator dependency. The vulnerability or otherwise, of these items, will...

For Where’s the Beef, let’s say you invested $2,500 to launch the business last year, and another $2,500 this year. You’ve also taken $9,000 out of the business to pay yourself and you’ve left some profit in the bank. You record the account name on the left side of the...

Whether you have long-term debts, the cash impact on your business needs constant supervision. Let’s say that a company’s balance sheet has long-term liabilities of $10 million at the beginning of the year and $11 million at the end of the year. Certified Financial Planner (CFP®) is the only designation...

With this approach, companies can navigate the financial landscape confidently, ensuring each financial step aligns with their overarching goals. Outsourced accounting professionals offer detailed financial insights and custom reports tailored to a business’s unique needs, enabling well-informed decisions. Bookkeeping may seem easy but trust me it is way more than...