Do you have strong sales but still find yourself in a cash crunch? The solution could be shortening the amount of time it takes to collect your accounts receivable. Here’s what you should do. 1. Speed Up Your Invoicing Do you batch up invoices and send them all at the
Accounting Options for Growing Startups
As your business grows from a start-up to a full-fledged established company, you’ll have more decisions to make when it comes to accounting. See what options exist and how to determine which one is right for your company’s success. 1. Hiring An Internal Accounting Department Keeping a business running smoothly
10 Ways To Improve Your Budgeting & Forecasting
Budgeting and forecasting allow a business to plan accurately for its financial year. Below are 10 ways to improve these processes to create a strategic plan that meets your business’s financial goals. 1. Keep Budgeting and Forecasting Flexible Rigid forecasts and budgets aren’t very useful. Things change as the year
6 Tips for a Stress-free Payroll Process
On the surface, managing the payroll process may seem like a simple, straightforward task. You provide pay checks to all your employees on time, and everyone in your company is happy. That seems easy, right? In reality, there is a lot more to the process than meets the eye –
