Tag: small business consulting services

Today is Planning day. Like ocean tides, accountant work in a cycle. At the beginning of each month, the tide comes in with a tropical storm of reconciliations and mathematics while they work on month end close. At the end of the month, the tide goes back out and leaves accountants with time to catch up on projects and prepare for the next incoming tide.

It’s easy to think that accountants spend most of their time behind a computer analyzing data for clients they don’t get to know. What people don’t realize is that accountants spend sometimes years cultivating relationships with their clients. Over the course of five years, one accountants’ professional relationships transformed into a friendship.

Whether big or small, businesses can’t always accurately predict what’s going to happen in the future. However, through proper business forecasting, your business can for the most part run smoothly and avoid some problems that can come along the way. Let’s examine some things you can do to better your business’ chances in the future.

Cash flow is a commonly recurring problem throughout all stages of a business. No business ever gets off to a perfect start. Some of the issues you’ll likely encounter will have to do with your budget. As a business owner, you’re likely to measure expenses incorrectly or there won’t be enough money in your account to handle last-minute emergencies.