6 ways contractors can better manage accounts receivable
For contractors, getting paid shouldn’t be a major project. Strengthening accounts receivable practices today can reduce slow-payment headaches tomorrow. Here are six handy tips to consider.
News & Insights
Where to look when you need to improve profit margins
Smart cost-cutting starts with knowing which operating expenses support business growth — and which ones quietly drain profits. Here’s how to take a targeted approach.
Approaching nonprofit mergers with intentionality
Merging with another nonprofit can expand mission impact while strengthening operations and improving financial resilience. But it can also create challenges. Before you take the leap, consider these critical issues.
Stress testing: A smart way to manage today’s business risks
Stress tests won’t eliminate all business risks, but they can help you plan for disruptions before they strain your cash flow or force hasty decisions. Here’s how to put stress testing to work for your business.
How a financial statement audit strengthens your fraud defenses
An external audit can do more than present your financial results. It can also be an effective antifraud control. Find out how audits may help reveal control gaps and warning signs of suspicious activity.
Weighing the financial impact of nonprofit mission drift
Can your nonprofit turn unintended mission drift into an intentional mission shift? And does it even matter?
Looking for funding? Consider SBA loans
It can be tough for startups and other small businesses to borrow money at favorable terms. The Small Business Administration can help. Learn about its loan programs and how to apply.
Use non-GAAP measures without losing transparency
Not all financial metrics play by the same rules. Discover what non-GAAP measures reveal — and what stakeholders should know before relying on them.
New Court Case May Affect Certain Federal Tax Deadlines
A recent federal court decision, Kwong v. United States, may create an opportunity for some taxpayers to seek refunds or other relief for certain IRS penalties and interest connected to the COVID-19 period.
How to make financial reports easier for stakeholders to understand
When it comes to financial reporting, accuracy matters. But so does clarity. If your financial reports often leave stakeholders confused, there’s a better way forward.
4 reasons contractors should exceed safety expectations
For contractors, going beyond OSHA compliance can do more than reduce accidents. It may help you protect profit margins, avoid costly delays and stand out in a crowded market. Here’s why it pays to go overboard on safety.
What you can do to protect your business from rising costs
Although inflation is rising, businesses can manage higher prices and even thrive by lowering costs and enhancing cash flow. We suggest several ideas for fighting the effects of inflation.