You developed your business plan over the course of years. Since realizing your lifelong dream of becoming a business owner, your company has been profitable. However, due to cash flow problems, you’re barely keeping your head above water. If you can relate to this scenario, you’re not alone. According to Entrepreneur, as many as 82 percent of start-ups and small companies fail because of poor cash-flow management. If you’re like many business owners, you might not be well-versed in accounting practices. To fix your company’s cash flow problems, consider adhering to the following tried and true tips.
This year AccountingDepartment.com is celebrating 15 years - but there is a lesser known date which we feel needs to be.
Understanding your profit margins is a critical component of healthy financial management. With a product-oriented.
Topics: startups, outsourced bookkeeping services
As your business grows from a start-up to a full-fledged established company, you'll have more decisions to make when.
The accounting method you choose to use can determine how you show a profit in a given year. This directly affects.
As the owner of a small business, you've probably been getting by with piece-parting your financial and accounting.
JUNE 19, 2019—ACCOUNTINGDEPARTMENT.COM CEO Bill Gerber has won a Glassdoor Employees’ Choice Award honoring the Top.
