As a business owner, you’re often deep into the work for your customers and clients. You have a decent idea about your objectives and growth plan. Over the years, you’ve developed something you’re really proud of and hope to build even more. Every quarter you take a look at revenues, expenses and upcoming decisions. If […] Read more “What Are Your Personal Financial Goals For 2021?”
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There are key metrics for saas companies that can make the difference between success and failure. Is your company tracking these metrics? Even though the SAAS model of business has grown in popularity in recent years, the concept itself was born over 60 years ago. It started when major players in the computing world like […] Read more “9 Key Metrics for Saas Companies”
The most important asset for every business is the people that are a part of it. Every business owner knows this, and for this reason, one of the biggest aspects of making sure your business grows consistently is having the right talent. The problem then becomes a matter of being able to afford the talent […] Read more “How A Modern CFO Helps With Forward Planning”
When it comes to handling tax planning, most people behave reactively. Unfortunately, most businesses handle their taxes like most people. Perhaps this vignette sounds familiar. For these reactive people and entities, the tax year starts in January and tends to go like this: Scramble to put together all necessary documentation on time in order to […] Read more “What’s The Difference In Proactive Vs Reactive Tax Planning?”
As we get ready to close out 2020, planning your 2021 startup budget becomes more critical every day. While it’s important to take a little time to look back, your focus should now be fixed on what’s to come. And given what we know now, 2021 could be a challenging year. The purpose of setting […] Read more “7 Tips for Building your 2021 Startup Budget”
Can KPI reporting really make a difference for your business next year? With the new year upon us, every business needs to get ready to tackle it full on. 2020 has been full of surprises, to say the least. This year quite simply made every single business on the planet re-think what matters and put […] Read more “KPI Reporting When Planning for 2021”
Annual planning means it’s time for optimism! After reaching Q4 of the calendar, the end of 2020 and the beginning of next year is finally in sight. This means it’s time (or about time) to make your annual financial plan. The plan that will guide your business for the next 12 months. Needless to say, […] Read more “4 Common Mistakes in Annual Planning”
For those looking at accounting solutions, there is a spectrum of services available for businesses. On the basic end there is; bookkeeping, cash flow statements and tax preparation. A mid-range of service would be budget creation, tax planning and advisory meetings. At the top end is a relatively newer category — Outsourced CFO services. An […] Read more “Complete Guide to Outsourced CFO Services”
When you are running a business employment taxes can be time-consuming and confusing. You must follow all the IRS filing requirements, deadlines, and proper forms. Violations may result in expensive penalties that severely impact business finances. As a small business owner or startup business, you likely have a lot of accounting and tax questions. One of those […] Read more “What Are the Differences in Payroll Providers? An Overview of Gusto and Rippling”
Most relegate the thought of having a “Chief Financial Officer (CFO)” to Fortune 500s and large businesses. While it’s true that virtually all of those have someone dedicated to overseeing the financial prognosis of the organization, it’s not exclusively for them. The benefits of having a dedicated financial officer have many startups and small businesses […] Read more “When Do You Need a Fractional CFO?”
Choosing the best entity structure for your business may seem like something you just come up with and get started. However, there are major implications based on what you choose. Nobody wants to pay more than they need to, whether that’s for cable, insurance, or taxes. And that’s where having the right business structure comes […] Read more “What’s the Best Entity Structure for Your Business?”
Outsourced accounting has the potential to provide a business with the exact level of services needed for financial insights. The key is, how to properly execute it. It’s incredibly common for a business owner to not be able to “let go”. Understandably so, for an entrepreneur. Your business is literally like a non-human baby. It’s […] Read more “5 Success Factors in Outsourced Accounting”