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Do you wonder how your business is doing this year, but you are behind in your bookkeeping? Are you overwhelmed with organizing your business finances? Here are 4 reasons why investing in good bookkeeping can provide you more peace and guidance.
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Bill payments can be overwhelming with all their steps and processes. As a CFO, I am always looking for ways to improve processes and save time. If I can do this while improving internal controls, then this is a Win-Win. I've found the best way to do just this with bill payments!
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As you probably know, Congress passed, and President Trump signed a new $900 billion COVID-19 relief bill into law. I wanted to provide a quick recap of what this means for your business from a CFO's perspective.
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Fractional CFO’s have become increasingly important to most small businesses. Almost all businesses have a tax CPA to help them file their tax returns. As companies grow, they typically outsource to a bookkeeping firm or hire an entry-level office manager or accountant. So then why should any business need a fractional CFO? I have found that once a business is over $1-2 million in revenue, it makes sense to hire a fractional CFO, especially if you have these questions.
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There has been additional scrutiny over people that have taken the Paycheck Protection Program (PPP) loan in the last few weeks. It all boils down to one somewhat gray certification on the application.
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Have you wondered what Accounting Software would be best for your business? There are so many options to choose from. I have the most experience with using different versions of QuickBooks. Now the question is…what is better – QuickBooks Online or Desktop (Pro, Enterprise)?
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As we near the end of another year, I thought it would be good to give out a list of the top 10 financially-related things to do at year-end for a small business. Don’t be too stressed if you don’t do all of this in December. You can always start doing them in the new year. Just pick one thing to do and start small. I am going to do numbers 6-10 in this article, and the final 5 next time.