Why Your New Business Needs an Accounting Advisor from Day 1
When new businesses form, the accounting and finance work is often an afterthought. Most of the team’s time is spent on sales & marketing, product development, capital raising, and building relationships. The last thing anyone wants to do is tedious finance and accounting work. However, having strong accounting operations, software, and processes in place from […]
Roadmap to Recovery: The Key Financial Pieces
Many small businesses have altered business plans and implemented cost-cutting measures to keep their doors open during the COVID-19 pandemic. During this unprecedented time, business owners have quickly realized the importance of their finance and accounting operations. However, these operations are often overlooked during a business’ recovery and growth phases. By implementing and maintaining proper […]
Outdated Books? The Benefits of Current and Accurate Financial Records
When you are busy running your business, and you do not have a dedicated controller or bookkeeper, it’s easy to let your books go. Difficult to use ERP systems, uncertainty about how to handle tricky accounting procedures like inventory or fixed assets, and lack of accounting interest make it easy to neglect your financial records. […]