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business money tips

Business Money Management Tips for the New Year

Recently, we’ve mentioned making smart financial decisions in the New Year, to lead your business to success. And when it comes to the success of your business, it’s about more than the ability to make money. Generating revenue is a necessary step, but so is effectively managing the money coming into your business. That’s why […]

business financial decisions

Making Smart Business Financial Decisions in 2020

Financial decisions are among the most important decisions that business owners have to make. They affect everything from the company’s financial health to the company’s ability to grow, and they are important for major corporations and small businesses alike. Over half of small businesses fail within the first five years, and poor financial decision-making can […]

business financial statements

Understanding Your Business Financial Statements

A keen awareness of the financial health of your business is a prime concern for any business owner. It’s a signal of growth or of a need for change. It’s how you know you’re doing the right thing and making good choices. It provides valuable feedback that informs which direction the company should move. Financial […]

business's financial health

Understanding Your Business’s Financial Health

How can you tell whether a business is in good financial health? It’s tempting to answer this question simply: Look at the bottom line profit margin, of course. We gather that that the profitability of a business is probably the best standalone indicator of good financial health. And it’s also a predictor of long-term success. […]

business cash flow

Is Your Business Managing Cash Flow Effectively?

It never hurts to go over basics, especially when it comes to the financial health of your business. Let’s review some basics before we determine if your business is managing cash flow efficiently. What is Cash Flow? You could probably infer what it is just from the name. It refers to the movement of money […]

tax advisor

What to Ask and Look for When Finding a Tax Advisor

For business owners and wealthy individuals alike, taxes play a major role in managing financial health. Whatever your financial situation, tax preparation is an important part of the picture. About a third of people choose to employ a tax advisor to help them file tax returns and assist in tax planning, and there’s no guessing […]

business valuation

When to Get a Business Valuation vs Evaluation

Business valuation, business evaluation, and business appraisal: aren’t they all the same thing? The simple answer is no. You’ve heard the terms. Maybe you’ve even gone through one of the processes. But are you still unsure of the difference between the three? In this post, we’ll take a look at the difference between a business […]