“The income statement that my accountant gave me says that I am making a nice profit, but I never seem to be able to have enough cash.” Does this sound familiar?
If this concerns you in your business, you are not alone. Here are some common issues that may affect the cash flow of a business:
- Invoices are not billed timely and promptly because supporting information has not been processed timely.
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B2B CFO®, the nation’s largest CFO and Exit Strategies firm for privately held businesses, announced today that award winning author and Inc. Magazine’s Editor-at-Large, Bo Burlingham will keynote the National Partners Meeting to be held April 28-30, 2016.
The invitation-only annual event that brings together all of B2B CFO®’s Partners from across the country along with sponsors and special guests will be hosted at the Scottsdale Resort and Conference Center in Scottsdale, Arizona.… Read more >
In my previous blog, I presented
In my September column , we looked at mistakes to avoid when forming a partnership. Many entrepreneurs, however, aren’t comfortable in remaining a sole entity and require a level of legal protection not afforded by a sole proprietorship.
That leaves a corporation or LLC as the next most viable option for a startup.
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Basically, there are three forms that one can use to start a business: a Sole Proprietor, a Partnership or a Corporation. Of course, there are variants to these forms.
Brad Sugars wrote a couple of articles for Entrepeneur magazine about this. This blog is about Partnerships, my next blog is on Corporations.… Read more >
A bookkeeping program for small business is more than asking and answering the question “which software should I use?” The accounting software is just the beginning of what a small, growing business needs to have in order to record the transactions, protect the interests of the owner(s) and help the business owner(s) achieve his/her goals.… Read more >