Business Model

0

How to Avoid Inefficiency When Managing Your Business Accounting

By Anna Masker In standard6th August, 2018 How to Avoid Inefficiency When Managing Your Business Accounting

How to More Efficiently Manage Accounting Workflows   Stop inefficiencies from running rampant. Far too many businesses use outdated, highly-inefficient business accounting processes – and accounting departments are no exception. Let us give you tips on how to avoid these inefficiencies in your business accounting. Tracking and approving expenses, for example, are plagued by dysfunction

0

Most Entrepreneurs’ Dirty Little Secret

By Anna Masker In standard23rd July, 2018 Most Entrepreneurs’ Dirty Little Secret

What is most entrepreneurs’ dirty little secret? They don’t understand their financial statement. And without it, they miss key opportunities and dangers. It’s OK. We know. You may not know what to do with your financial statements or why you should even care. It’s most entrepreneurs’ dirty little secret – they don’t know what to

0

5 Reasons Your Business Needs a Budget

By Anna Masker In standard16th July, 2018 5 Reasons Your Business Needs a Budget

5 Reasons Your Business Needs a Budget   Yes. You need a business budget. “I run things by my gut. I don’t need a detailed business budget.” If we had a nickel for every time a client said that, we could all retire now to a sandy beach. Contrary to what that hotshot entrepreneur may

0

How to Select the Right Financial Professionals for Your Company

By Anna Masker In standard2nd July, 2018 How to Select the Right Financial Professionals for Your Company

BOOKKEEPER, CPA, CONTROLLER, CFO? WHAT DO I NEED? Selecting the right financial professionals for your company depends on your size, scope, and ambition. No matter how exciting your company’s product or service may be, in the end, someone needs to crunch the numbers. A business poised for growth needs a team of highly skilled professionals

0

Leveraging Your Vendor Relationships to Cut Costs

By Anna Masker In standard6th June, 2018 Leveraging Your Vendor Relationships to Cut Costs

Five key points to remember before you ask Of the many ways to cut business costs, vendor negotiation can be one of the simplest and quickest paths to improve cash flow. And it’s often overlooked. Sometimes a simple email to your sales rep asking if a lower price is available can yield instant savings. More

0

Can You Afford to Give Yourself a Raise?

By Anna Masker In standard15th May, 2018 Can You Afford to Give Yourself a Raise?

Not until you get your financial ducks in a row You had an idea. Just a germ, a spark. So, you threw caution to the wind and started a company. Things are going well. Really well. Maybe it’s time to give yourself a little reward in the form of a raise. Not so fast. Before

0

Be the Smart Guy, Not the Nice Guy

By Anna Masker In standard9th May, 2018 Be the Smart Guy, Not the Nice Guy

Don’t downplay the risks of extending credit to clients It’s tempting to be the nice guy. The one who gives a twenty to a lonely stranger at the bus station who just needs a ride. The one who lends the wacky uncle a couple thousand for that “can’t miss” investment opportunity. The one who funds

0

Is it Time to Expand Your Business?

By Anna Masker In standard2nd May, 2018 Is it Time to Expand Your Business?

Without proper cash-flow planning, growing, otherwise-profitable businesses can find themselves in big trouble Cash flow is your business’s lifeblood. Even if yours is growing and profitable, it can still go under if you don’t take the right precautions. In fact, lack of cash kills around a quarter of all small businesses, including many companies that would

0

It’s Okay – Walk Away

By Anna Masker In standard25th April, 2018 It’s Okay – Walk Away

When to get rid of a client (and why) Sometimes, a relationship comes to the end of the road. You’ve tried talking, cajoling, and maybe even shouting. But it’s clear that there is no fix. No therapist’s couch, no heart-to-heart, no intervention from friends. It’s over. It’s time to break up with your client. This

0

Thank You, Uncle Sam, for the New Hire Subsidy

By Anna Masker In standard17th April, 2018 Thank You, Uncle Sam, for the New Hire Subsidy

Ready to grow your business? The government may be able to help It’s an exciting and daunting moment when your small business is ready to grow. New staff can be expensive to hire and it can be tempting to keep things status quo, remain a lean-and-mean operation, and take on more than your current staff

Contact Us

90 East Halsey Road
Suite 327
Parsippany, NJ 07054

Tel: (973) 659-1430
Fax: (973) 659-1490
info@profitpointconsulting.com

Get Our Newsletter

Join our newsletter today by signing up using the below link.

* Required