Why audited financials matter
An external audit requires an investment of time and money. But the payoff can be significant when it comes to the long-term success of your business.
Construction business owners: Prepare now for possible tax law changes
Construction businesses face many distinctive tax issues. Complicating matters, some key provisions of the Tax Cuts and Jobs Act are scheduled to expire after 2025. Let’s discuss.
4 ways businesses can better control cash flow
Business owners: The struggle for strong cash flow is real. Let’s talk about four ways you can win the battle.
Timelines: 3 ways business owners should look at succession planning
Business owners: When creating a succession plan for your company, you’ll ideally want to account for three separate timelines. Here’s a brief look at each.
4 bookkeeping pitfalls for small businesses to avoid
Some entrepreneurs underestimate the importance of maintaining organized books and records for financial reporting purposes. Here are four tips for building a solid bookkeeping foundation.
Construction companies should keep an eye on AI
Construction business owners: Are you curious about how artificial intelligence could positively affect the industry and your company? Here are five examples to consider.
Businesses must face the reality of cyberattacks and continue fighting back
Business owners: It’s likely only a matter of time before your company suffers some sort of cyberattack or cyber-related incident. But don’t give up hope, you can still protect yourself.
Construction business owners: Avoid these two common accounting problems
Construction business owners: Are your accounting processes as good as they could be? Here are two common problems that tend to cause contractors to struggle in this area.
It’s almost time for a midyear checkup on your company’s financial health
Time flies when you’re busy running a business. It’s important to pause at midyear and assess interim financial performance. Otherwise, you could be surprised by your company’s year-end results.
4 cost-cutting areas to help your business boost profits
When was the last time your business performed a formal expense review? This exercise can pay off by lowering costs and raising profits.
Are your volunteers risking legal and tax liability?
Most charitable volunteers don’t think about potential legal and tax liabilities resulting from their volunteer activities. As a nonprofit leader, it’s your responsibility to ensure they never have to worry about such risks.
How to communicate accounting information to laypeople
Stakeholders want accurate, transparent information about your organization’s financial performance. It’s up to you to supply them with information they fully understand to make informed decisions.