If your nonprofit must cut costs, be careful not to slash funding for fraud prevention. Fraud losses can be devastating, and expenditures for cybersecurity and outsourced accounting are recommended.
Construction business owners: Do you have the right mix of insurance policies in place to protect your company? Let’s review nine of the most essential coverage types.
The accounting rules for reporting prepaid expenses can be tricky, even for experienced bookkeepers. Here’s guidance to eliminate the guesswork and help you manage prepayments more effectively.
Does your business have room for improvement when it comes to accounts payable management? Here are some fundamentals for success.
Having the right accounting software in place is critical to running a profitable business. Here are some best practices for handling system upgrades.
Like many business owners, you may be hesitant to sponsor a qualified retirement plan for employees because of the complexities of plan administration. One potential solution is sponsoring a safe harbor 401(k).
If your nonprofit doesn’t engage accounting and financial professionals, mistakes are likely to happen. These are four common errors that can cause big problems for nonprofits that try to go it alone.
A mission statement and a vision statement may sound like “nice to haves” rather than “must haves” for your business. But they really do serve viable purposes. Here’s what they’re all about.
A consistent revenue stream is critical for your nonprofit’s short-term budgeting and its long-term sustainability. Take some tips from auditors and review your revenue now.
Construction business owners: Have you considered activity-based costing for your projects? Implementing it isn’t easy, but the results can be worthwhile.
Construction business owners: Could you use some help managing the complexities of payroll, benefits, and compliance? If so, partnering with a Professional Employer Organization (PEO) might be the right move.
Family business owners: Prudently planning the future of your company may call for weaving together estate planning and succession planning. Let’s talk strategy.