Category Archives for Improve Cash Flow
Where Did My Money Go? Part Two: Examining Your P&L Report
Where did my money go is such a common question that it gets back-to-back articles from us! Our last post looked at cash flow for small businesses. This time, we’re going to dig into your P&L report
Continue readingWhere Did My Money Go? Part 1: Protect Your Small Business Cash Flow
Where did my money go AGAIN? If you are a business owner, you have probably asked yourself this question at some point. Money is coming in, but you don’t know where it is now. It is far too easy for
Continue readingAre Professional Bookkeeping Services Essential For My Business?
As your business has grown, you’ve probably added staff to improve efficiency and profits. But are you still slogging through your own bookkeeping? Perhaps it’s time to consider adding professional
Continue reading4 Ways the Profit First Method Helps You Reach Your Financial Goals
Traditionally, business finance models have told us to subtract our expenses from our revenue, and whatever is left is profit. But the Profit First method from Mike Michalowicz changes that around, as
Continue readingWhat We’re Seeing with PPP Loan Forgiveness
For all the businesses that received PPP funds, and an EIDL Advance this year, we are seeing many ways to handle this revenue. We have been booking everything as a current liability. Then, as they are
Continue readingA Bookkeeper’s Journey Into Using Profit First
I am a professional bookkeeper who has years of experience working with small and midsize businesses. So, I always felt confident in my ability to manage my own company’s finances with success. And I
Continue reading