What is Bookkeeping? Bookkeeping is the recording of daily transactions that cyclically follow a defined process. Bookkeeping breaks down into parts such as Accounts Payable,… Read More »Financial Consultants: Bookkeeping vs. Accounting: Why You Should Care
Have you said of these things before? I’ve changed bookkeepers five times in the last few years. I just can’t seem to get the financial… Read More »Changing Bookkeeping Services Like You Change Your Underwear
Three Sections of the Cash Flow Statement Before we discuss the purpose of a cash flow statement, let’s first talk about what it is. The… Read More »Cash Flow Statement: What Is Its Purpose?
There are three major cash flow activities in each business. These consist of Operating, Financing, and Investing. You’ve heard these terms before, but you’re not… Read More »3 Major Cash Flow Activities
Most Common Cash Flow Mistakes Working with small businesses for the last 20 years has brought with it some exciting experiences. One of the most… Read More »7 Cash Flow Management Mistakes To Avoid
Chief Financial Officer (CFO) For Hire! I’ve been thinking about all the noise and distractions we have in our lives. I have begun to question… Read More »CFO For Hire: Please Turn Down The “Financial Noise”!
Are we there yet? I read a post recently on my friend Jean Summit-Riker’s blog titled “Lighten Your Journey with Laughter,” where she has this… Read More »Financial Review: Are We There Yet?
Lost Profits in Billing Processes My friend Susan Baylis at Medical Account Solutions lays out some essential points of lost profits in medical office billing… Read More »Cash Flow Management: Slow Accounts Receivables Woes?
Ideas for a new product line A client called me with their ideas for a new product line along with the statement, “We are going… Read More »Cash Flow Management For An Entrepreneur’s New Product Line
Every business owner must know their numbers. I know, I know you hate to look at the numbers. It’s boring. But really, is that an… Read More »Financial Reporting: 4 Core Monthly Reports For Business Owners
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