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 Jill Tavey | May 18, 2021 | About, Finance Knowledge, Financial Controllers, General Business
The terms “controller” and “comptroller,” as well as the positions they define, may seem strikingly similar. Indeed, the word “comptroller” is believed to stem from a 15th Century misspelling of “controller.” However, despite the similarity in titles and functions,...
by Curtis Bigelow | May 4, 2021 | Finance Knowledge, Financial Systems, General Business
As companies grow and their operations become more complex, they tend to outgrow their existing software. Expanding business units or segments tend to become more independent over time. This makes interdepartmental communications and resource allocation more difficult...
