If you run a business, then you already know how important cash flow is to your operations. You need cash flow to keep the lights on, pay your employees, and cover material costs. You have to spend money to make money, right? And the only way you can spend money is if you have a healthy cash flow in your business. Good cash flow has two primary characteristics: it's positive and predictable. If your business sometimes gets slowed down by negative cash flow (more money going out of your business than coming in) or you sometimes get tripped up by unexpected cash flow shortages, then you could be in danger of going out of business. Improve cash flow to keep the doors open and free up cash to reinvest and grow your business.
Passing on the accounting and bookkeeping responsibilities of your company is a big task that requires a lot of trust.
Financial forecasting is always important for any business. It allows you to know what's coming down the road..
When you are a contractor for the government, it is very important that you follow various federal rules and regulations
Business owners and CEOs approach us daily regarding their outsourced accounting and bookkeeping because that's our job.
At this point in the year, budget season is here (or already begun for you) and 2022 planning is underway. Financial.
AccountingDepartment.com Co-founder, Dennis Najjar, had the opportunity to join Ami Kassar, Business Strategist, on the.
