If only it was just about your great idea. Most entrepreneurs are passionate about their product or service, but turning it into a successful business requires careful planning and execution. Start with a business plan that lays out your core objectives and follow it to achieve long-term success. It's easy to get caught up in the details, but always come back to three key points: the who, what and how of your business.
As your company grows, balanced operating cash flow becomes increasingly important. At the most basic level, cash.
There is an underlying stigma that management can tend to keep the accounting department separated from the operations.
Many small businesses reliably produce a set of financial statements each year, listing assets and liabilities, revenue.
Financial controllers and CFOs are moving past controller services and playing a more strategic role in company.
AccountingDepartment.com co-founder Dennis M. Najjar, CPA, CGMA presented his most recent installment of his Fridays.
