Creating an Effective Business Budget That Actually Matches Your Operations

Creating an Effective Business Budget That Actually Matches Your Operations A business budget is supposed to help you make better decisions. But many business owners create a budget once a year, save the spreadsheet somewhere, and rarely look at it again. The problem is usually not the idea of budgeting. The problem is that the […]

Bookkeeping Services for Contractors: Job Costing, Payroll and Cash Flow Basics

Bookkeeping Services for Contractors: Job Costing, Payroll and Cash Flow Basics Running a contracting business means managing projects, workers, materials, subcontractors, equipment, customer payments and bills at the same time. Your bookkeeping needs to keep up with all of it. For contractors, basic income and expense tracking is often not enough. You need to know […]

Cash Flow Management for Small Business: A Simple Operating Framework

Cash Flow Management for Small Business: A Simple Operating Framework A business can make sales and still feel short on cash. That usually happens because revenue and cash do not move at the same time. A customer may receive an invoice today but pay 30 or 60 days later. At the same time, payroll, rent, […]

Seasonal Business Cash Flow: How to Build a Reserve Strategy

Accounting and Advisory Services: More Than Just Bookkeeping A seasonal business can have a strong year and still face cash pressure. The reason is simple. Revenue may come in during only a few strong months, while payroll, rent, insurance, loan payments, software, utilities and other bills continue throughout the year. This creates a timing problem. […]