There are some skills a new business can develop over time, getting better through practice. But there are other skills a business needs to excel at from day one or else it will face constant setbacks – which can be frustrating at best and catastrophic at worst. Cash flow forecasting falls squarely into the second category. It’s a skill every…
When it comes to IT, two issues dominate right now. First, the need to extend access to data and applications for people working remotely either temporarily or permanently. Second, the need to keep those data and applications secure as hackers ramp up campaigns of theft and disruption. Companies can address both those issues with one strategy: adopting cloud-based solutions. The…
One of the biggest obstacles facing any company, especially startups, is the need to balance staffing requirements with labor costs. Every company would love to fill the ranks with top talent, but hiring even an average employee on a part-time basis is expensive – not to mention time consuming in an era of widespread talent shortages. The Covid-19 outbreak only…
How do you prepare for the unexpected? The best answer might be cloud migration. Discover how it makes companies resilient to everything.
Accounting is almost as old as business itself, and mostly unchanged through the centuries. It’s still basically just a process of recording expenses and revenues then figuring up what you actually have in the bank. Simple, right? Not necessarily. Even the most basic bookkeeping requires more than simple arithmetic. Someone also needs to track the numbers according to strategic objectives,…
COVID-19 accelerated the trend of remote work and now offices will never be the same. Is yours set up to thrive even if people don’t return to their desks?
Incubators help nurture startups, but they don’t guarantee success. Explore what startups should do (and not do) upon leaving the incubator.
Outsourcing critical services lets startups stay lean and agile. But which services do they really need? Explore how to answer that question correctly.
Preparing annual financial statements and preparing for auditors can be a stressful time for companies and it’s account staff. But it doesn’t have to be stressful There are some preparatory steps most companies can to make the process easier , quicker and more efficient. The important thing is to prepare before year end. For folks with a December year end,…
Your specialty is running your business. Leave the financial detail to an accountant. If you and your accountant use cloud-based accounting software, you’ll be able to keep track of what your accountant does, and always be able to see your company’s financial situation at a glance. We have witnessed and/or either worked with companies that have attempted to do their…