Here’s Why

When you first started your business, you hired a CPA to check the “tax compliance” box off of your to do list. Your CPA helped maintain your legal and financial obligations by submitting taxes and required financials to the government and doing periodic bookkeeping. It’s been five years and you have grown a lot. More […]

Since day one, your CPA has reported your inventory at tax time by taking your year end inventory balance and creating a quick adjustment. These adjustments were good enough for tax filing, and you didn’t need to worry about them for the time being. However, your business is growing and you’re starting to think about […]

You opened your own dental practice a few years ago. You have an administrator who manages customer payments and a CPA who does your taxes and bookkeeping at the end of the year. It’s been a couple of years, and you’re starting to think about expanding into a second office. You run a report from […]

Last year you purchased a new software to track and manage your inventory. It was rated 5 stars, and had a training package, to ensure your people are trained properly. Now, a year later, you’re having trouble making sense of the numbers reported. The numbers don’t seem to align with your understanding of your actual […]

You recently brought on a new team member, expecting to improve the total bandwidth of your team. With this additional bandwidth, you hope to be able to go on vacation soon. But three months later, it seems your people are busier than ever. You haven’t taken on that many more projects. You don’t understand how, […]

Your business is ramping up for growth, and you’re doubling down on all things financial. You’re looking to hire someone to help you with bookkeeping, auditing numbers, setting up systems, and cash flow management. After combing through resumes, you found someone with 15 years of bookkeeping experience who is excited to join your company. It’s […]

Last year, you brought in a CFO to create a business plan and projections so you could fundraise. They created a 5 year plan showing how you’ll spend and earn money. It looks like a budget sheet, so you use it as one. Now you’re not hitting your marks and you’re not sure why. Here’s the deal, you need to spend more time with the “real” projections.

You’re looking for a new point of sale software. You need something that records your transactions and collects data on your sales. You find one that’s user friendly and has a sleek interface. And look! It integrates with all your accounting software. That must mean it’s the best option, right? Here’s the deal. Integrating software does not always mean more efficient work.

You just settled a tough negotiation with a prominent client. You’re excited, and taking a lower profit margin in the hopes that this will open doors for you. The client gave you 50% up front as a retainer fee. It seems perfect, but here’s the deal. The client isn’t paying you until they accept your final project. Here’s the deal, that milestone based project could be detrimental to your cash flow.

You’re always a little uncertain when it comes to cash. Can you hire a new employee? Purchase that new technology? Every time you hit that “submit” button on payroll, you’re nervous- will your bank account be able to handle it? Your understanding of your cash situation is foggy. Here’s the deal, you need to establish a weekly cash flow sync up.