- How much should you have in cash reserves? In standard
6 years ago we got a dog. She was the scrappiest thing we ever saw. Before getting to the shelter, and before we even saw her, we had agreed on a name — Chloe. But when we got to see her, well, let’s just say she didn’t look as refined as a “Chloe”. She was
Every so often I see an underlying theme start to converge in blog posts and LinkedIn. Most recently I’ve seen an influx of encouragement that you should use your bookkeeper to do analysis for you, to help you manage cash etc and improve your workflow. I think these people are making a big, big mistake.
“You’re getting too big for your britches!” I found those words spilling out of my mouth as I scolded my 10 year old, to which he responded perplexed, “Mom, what are britches?” I couldn’t help but laugh as his sincere curiosity made my admonishment more of a joke than a parenting win. How often did
“Well… that sucked.” That was the summation of a business owner’s experience filing his taxes this year. He finished working with his CPA feeling underserved, unimpressed and blind-sided by a big tax bill he didn’t know was coming. Before this turns into a gripe session about accountants, let’s set one thing straight. CPA firms are
Ever think of your accounting department as being quick, savvy, and fast? No? You’re not alone. Seriously– I can’t think of a bunch of more slow-moving meticulous, analytical people in the universe. (And I’m one of them, by the way.) If there is one complaint we hear from owners is that they never get information
Just as it’s time to clean out closets and wash windows it might be time to do a little spring cleaning on your balance sheet. Why is cleaning up your balance sheet important? It’s the first place most banks and investors (and you) look when you measuring the health of a business. If there’s a
I get mad in March. It’s not because I stink at my basketball picks, or that the weather can’t decide if its still winter or spring. I get mad in March because it’s when the CPAs’ adjusting journal entries come rolling in, and often blow up any kind of analysis one could do on the
Recently I attended a presentation about a new accounting technology that streamlines the AP and expense reporting process. I was impressed, and started running through in my mind how well this could improve the lives of our clients, give them better control over their travel spend and give them the ability to scale into
HIPPA compliance isn’t just for hospitals, doctors or surgical centers. It can also impact you if you serve any of these markets. Understanding what your responsibilities are when it comes to HIPPA compliance will keep you off the Department of Health and Human Services’ “Wall of Shame.” We interviewed Nelson Gomes for this week’s post.
One year after Valentine’s Day, I went to the store and saw that Valentines were on clearance. I don’t know what I was thinking, but I literally bought about four years’ worth of Valentines for my two kids that day. (Hey, they were only $0.25 a box!) We have all sorts of Valentines to give