If you’re like many small business owners and CEOs, more than likely you are a natural leader. Furthermore, you’re probably a skilled salesperson able to accurately assess the competitive landscape and focus on the overall big picture, which is crucial [...]
On the Hunt for Bookkeeping Services Near Me? Having a competent bookkeeper should be a top priority for growing your small business. Many CEOs of small businesses are also the founder of their business. They can sometimes fall into the [...]
There’s one thing that all small businesses have in common - every one of them seeks to make a profit by offering a product or service in exchange for payment. Another commonality is that all companies must keep track of [...]
As we discussed in a previous blog, managing your gross profit margins is an important key to achieving maximum profitability. Going hand in hand with margin management is controlling expenses. When operating expenses are not closely monitored, there can be [...]
Gross Margin Is a Term That’s Often Misunderstood. It’s essentially interchangeable with both gross profit and gross trading margin—and, sometimes, all three are misused. Then we expand on these terms adding the use of percentages and come up with the [...]
Which Type of Accountant Do You Need? You are a small business owner. Your business is profitable and growing and you need to hire an accountant or an accounting firm to handle your books. You recognize the value and insight [...]
One of the challenges many business owners face is when growth reaches the point where the business needs the input of a CFO, but cashflow cannot yet support one. It’s been said that a seasoned CFO (Chief Financial Officer) can [...]
