Poor Financial Management [Infographic]

Poor Financial Management [Infographic]

Poor Financial Management: Negatively affects cash flow Causes late payments Damages relationships with business partners, customers and employees Prevents you from making timely strategic investments Hinders your growth Gets you in trouble with the IRS Bad Financial...
Importance of Bookkeeping and Accounting [Infographic]

Importance of Bookkeeping and Accounting [Infographic]

Importance of Bookkeeping Bookkeeping is the collection of financial data—the day-to-day recordkeeping of all of your company’s financial transactions. Your books hold the data you need to make all of your strategic financial decisions. If you don’t have a good grasp...
Accounting Tips for Strategy [Infographic]

Accounting Tips for Strategy [Infographic]

Business owners often equate bookkeeping and accounting to housekeeping—administration rather than strategy. But accounting is strategic. Accounting tips can make the different between success and failure. Here’s an infographic (below) with eight strategic...
Avoid These 2 Accounting Mistakes

Avoid These 2 Accounting Mistakes

Strategic accounting mistakes among small- and medium-sized businesses are not unusual. Often, it’s not an accountant keeping the books; rather, it’s the business owner themselves or even a family member or friend. But thorough, accurate accounting requires knowledge...
Does Your Accountant Evolve with Technology?

Does Your Accountant Evolve with Technology?

Technology is ushering in big changes to the accounting industry. Through accounting software and online banking, technology has made bookkeeping much easier than it used to be. So what does that mean for today’s accountants? Although technology can certainly help in...
2 Strategic Accounting Mistakes

2 Strategic Accounting Mistakes

For business owners, it’s easy to make accounting mistakes, not just in the accounting itself, but in the overall strategy. This is especially true for small- and medium-sized businesses, where folks tend to wear a lot of different hats. Here are two major ones to...