by Eric Dorfman | Oct 10, 2021 | Business Growth, Cash Flow, Financial Strategy, General Business, Inventory Strategy
For many businesses, product inventory is their biggest asset. Effectively managing the inflow, storage, and outflow of inventory is critical to the financial success of the company. When inventory management is done right, customers can place orders with confidence,...
by Jill Tavey | Jun 30, 2021 | Financial Strategy, General Business
The purpose of a business tax strategy is to maximize income by legally reducing the amount of taxes owed. Because tax laws and government regulations are constantly changing, your tax strategies need to evolve as well. A Certified Public Accountant (CPA) is a tax...
by Michael Flint | Jun 9, 2021 | Financial Forecasting, Financial Strategy, General Business
In order to make confident and effective business decisions, company executives need good data. They need to know how the business has performed in the past, where it stands financially right now, and what its prospects are for the future. They also need to be able to...
by Jerry Vance | Jun 2, 2021 | COVID-19, Finance Knowledge, Financial Forecasting, Financial Strategy, General Business
If there’s one thing we learned in 2020, it’s that change can happen—and it can come quickly, fiercely, and unexpectedly. In 2020, businesses were met with challenges they could never have predicted, and many had to shut their doors for good. Still others were...
by Jerry Vance | May 25, 2021 | About, Financial Controllers, Financial Strategy, Financial Systems
An outsourced controller is a financial expert who helps keep your books up-to-date. They also provide financial reporting and information in a timely manner. Controllers can be in-house or outsourced. If the controller is outsourced, this typically means they are an...
by Kyle Hill | Apr 8, 2021 | Finance Knowledge, Financial Strategy, General Business
Nearly every business has both fixed and variable costs. To ensure that your business remains fiscally solvent and profitable, it is important to understand the different types of costs and how to manage them. In general, variable costs relate to the number of items...
