Unfortunately in the world of startups and SMBs, efficient and proper accounting systems and processes are often seen as a nice-to-have rather than a must-have. While we all know that the ideal company infrastructure would include a robust back office, resources often end up focused on the areas that generate revenue. Except there is one problem in this logic—often areas that may not seem to be direct revenue generators can still have a tremendous impact on your bottom line.
Asking employees to report how much time they are spending on each project can significantly increase productivity,.
A DCAA audit includes a real-time labor evaluation to determine the accuracy of labor charges in regard to contracts,.
As a small government contractor you may be stretched for accounting resources, and if this is your first contract,.
Unless you're in a big Fortune 500 company, you probably equate the word "audit" with a letter from the IRS. However,.
As a business expands, a competent CEO realizes that the previously reliable accounting system has become a burden..
As a saavy bootstrapper your goal is to minimize costs while maximizing opportunities. This extends into each of the.
