Fixed vs Variable Costs and Profitability
Profitability is a topic we address with our clients all the time. That’s just one area of our business advisory services, but it’s going to be a particularly important one…
Three More Ways to Maintain or Improve Profitability in 2023
Last year was very difficult for many smaller businesses, especially at the end of the year. And the economy did not improve just because the calendar changed. While the economy…
Three Tips if You’re Running a Family Business (or Plan to)
Are you running a family business or thinking about transferring the ownership of your company to a family member when you retire? If that describes you, these tips will help.…
Five Ways to Cut Business Costs This Year
Every business owner needs to be vigilant about costs under normal circumstances. This is even more true this year given inflation. How do you cut costs in your business without…
Improve Profitability with Better Project Risk Management
Project Management is probably not a topic you might expect to be speaking with an accountant about, but maybe you should be. While many accountants don’t get involved in managing…
Three Times You May Need Funding and How to Get It
If you are like many entrepreneurs, you started your business with your own cash and “bootstrapped” your business. You may have thought about funding for your company from day one,…
Exit Ahead: Are You Ready?
One of the activities small business owners delay most frequently is planning for their exit from the business. They feel that it’s too soon to plan an exit when they…
2022 Year End Checklist for Small Businesses
It’s December and that means it’s time for you to make a few key moves before the new year begins if you have not already done them. Make Sure Your…
Optimize Your Cash Flow
I know I don’t have to tell you about the importance of cash flow or optimizing it. I speak with a lot of business owners and leaders, and one thing…
Five Signs You’re About to Face a Major Cash Flow Issue
As a business owner, you need to have a clear picture of your cash flow at all times. When you have a healthy cash flow, you’ll have the funds you…