Tips and Insights to Help You Better Navigate Your Business Finances

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Effective Budgeting to Drive Profitability

Budgeting for your business or business department may seem scary, but the goal is worthwhile, and the budgeting process does not have to be complicated.

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The Best Cash Flow KPI

There are many helpful cash flow KPIs that range from relatively simple to complicated. However, I’d like to focus on the best cash flow KPI

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Direct vs Indirect Cost

I will focus on how analyzing direct vs indirect costs can help you make better decisions and be more operationally profitable. Therefore, I will skip

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What Does Revenue Mean?

Most directly put, revenue is “top-line” sales. However, technically for accounting and analysis purposes, revenue is equal to recognized cash inflows created by the sale

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Net Income Vs. Revenue

What matters the most, Net Income or Revenue? Any financial measurement or metric should be to help you as the business owner (or unit manager)

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Cloud Accounting Vs. Traditional Accounting

There will be endless volumes (justifiably so) written on the data/storage/security advantages of cloud accounting versus traditional accounting software.  For me, data storage advantage considerations

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Understanding Drivers of Revenue

Making better decisions, in both goods and services businesses alike, starts with understanding what drives revenue as well as cost drivers, which is critical to

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What is a Forecasting Report?

I’ve talked in previous blog posts about Dynamic Forecasting, and how it is different from a standard budget. In this post, we will revisit that

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What is a CFO?

By Kyle Smith, CPA This is a very common question we get, you can check out our other common questions and answers in the FAQs. Without

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Cashflow Tips for Leveraging Your Float

Cashflow Tips I’ve spent time working for various companies in accounts receivable as a Controller. One of the most immediate ways I’ve seen business owners