June has been all about forecasting so you can meet your business goals. While forecasting can yield huge dividends, you probably noticed a thread of uncertainty in some of the assumptions. A sensitivity analysis is a way to overcome those issues. No, a sensitivity analysis isn’t about discovering your inner self or coming to grips…… Read More

Financial forecasting has been the focus of this blog all month, and this week, we will tackle what may be the trickiest forecast of all: revenue. Compared to expense projections, revenue forecasting can be challenging, especially for start-ups. But don’t worry. This post will clarify revenue forecasting, why you should do it, and how to…… Read More

Last week’s post on cash flows briefly touched on forecasting expenses, but this topic deserves a more in-depth look. Of course, expense forecasting is important, providing your business with insight that can help it grow and even outpace the competition. But there is some argument about whether it can be a do-it-yourself arrangement or if…… Read More

Cash flow is the lifeblood of a small business. It’s also one of the most misunderstood terms in the business world. Today’s post will not only clarify the confusion surrounding cash flow but also show you how to project it. That way, you can make smarter decisions about cash allocation and reach your business goals.…… Read More

You’ve worked hard and want to ensure your efforts live on after you’re gone. That’s where estate and trust tax planning comes in. Getting the basics down now will help build generational wealth and preserve your legacy. But there’s a lot that goes into it. So, this post will help you establish a foundational understanding…… Read More

Sales tax. Those two words can strike fear into the heart of even the most enthusiastic small business owner. Between figuring out rates, collecting from customers, and filing returns, it can feel like a never-ending headache. This post will focus on five ways sales tax services from a tax professional can help your business grow…… Read More

Picking the perfect accounting method for your business “Get the fundamentals down, and everything you do will rise” – Michael Jordan When he made this quote, Michael Jordan was talking about basketball, but it can easily apply to business.  Business fundamentals are crucial, and nothing is more basic than selecting the proper accounting method. If… Read More

When not to hire a CPA May 19th is National Accounting Day, but we like to celebrate it all month. And we will start the party by telling you when your business shouldn’t hire a CPA.   Yes, you can insert the record scratch here. Why would a CPA blog tell you when not to… Read More

You’ve heard all the slang terms for accountants: bean counter, number ninja, ledger lover. The list goes on and on. But you may not have heard the one that can help your business: strategic partner. That’s because if you only use your CPA to help you make tax deductions, balance the books, and keep you… Read More

Times are tight in the U.S. job market, with the unemployment rate at less than 4% since the start of 2024. So, how can a small business owner attract and retain quality talent? It’s no surprise that employee benefits are the difference for most prospective employees. But there’s a lot to consider, especially finances. So… Read More