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An essential component for successful growth is the utilization of proper benchmarking. Benchmarking allows you to compare current financial performance against several key metrics to gain an understanding of how your business stacks up in a…
Expense management can be one of the most time-consuming and cumbersome tasks for an accounting team and this function is critical to any business, large or small.
Most small businesses would have considerable difficulty operating without their employees. Whether your business offers a product or service, a dedicated labor force helps drive growth and profitability in addition to managing day-to-day operations…
This may be a surprise to hear, but there are many different—yet appropriate—accounting methods for small and midsize businesses.
Accounts payable (AP) is an accounting term used to describe the money owed to vendors or supplies for goods or services purchased on credit.
Budgeting and forecasting can be simple or advanced. Learn the questions to ask as you start planning for your small business’s financial future.
Fixed assets often represent one of the most significant sources of organizational capital investment, but specifically identifying what a fixed asset is and tracking it over time can be a challenging process.
As we close in on tax filing season, this article discusses five of the most common tax credits for individual taxpayers. Read more.
“Digital Transformation” is a buzzword thrown around in today’s business environment, but what does it really mean?
With U.S. private companies adopting ASC 842, see how the new standard may affect M&A transactions.