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Cash or Accrual? Why should you care? cash flow financial best practices financial statements planning taxes

 

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Cash Method and Accrual Method

These are the two different methods that can be used to record transactions in your accounting system.

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Trust Your Financials in 6 Easy Steps accountability automation cash flow financial best practices financial statements planning process improvement taxes time management

 

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Ever feel like you’re making things more complicated than they should be?

You are!

Managing your financial data doesn’t have to...

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Avoid These 5 Financial Data Mistakes cash flow financial best practices financial statements process improvement

 

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Account reconciliation.

What is it and why should you care?

Account reconciliation is the process of comparing statements and other...

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Implementing Your Month End Close Process accountability cash flow financial best practices planning procedures process improvement

 

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It’s the beginning of a new month.

In sales, this is an exciting time because you have another chance to meet, or even better, exceed...

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My bookkeeping is really behind. What do I do? cash flow financial best practices financial statements planning process improvement time management

 

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When I met one of my clients for the first time, she was really concerned.

She wasn’t sure her taxes had been filed correctly the prior...

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4 Step Process to Prepare for Your Unplanned Absence from Your Business cash flow financial best practices planning

 

What happens to your business when you’re a party of 1 and you get sick?

So sick that you can’t just push through it?

Prior to December, I’d been fortunate to not...

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Planning for a Successful 2023 Part 2 cash flow financial best practices planning scale your business

 

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Last week, we talked about setting yourself up for success for next year by creating a structure to start your planning and gathering some...

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Planning for a Successful 2023 Part 1 cash flow planning process improvement scale your business

 

[Listen to the Podcast version here]

 

4th quarter has arrived!

It’s that time of year that business owners enjoy the most – planning for the next year!

You can read...

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My Framework For Scaling Your Small Business cash flow planning scale your business

 

If you’re thinking of scaling your small business, you’re likely utilizing your Google research wizardry skills. That may even be how you came across this blog!

By now, you know...

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Thinking About Scaling Your Small Business? Access The Steps To Scale Successfully Here cash flow financial best practices scale your business

 

Many small business owners think of their business like their very own baby that they nurture and care for to help grow.

And, honestly, I get it!

You went from having an idea to putting it...

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Think Like A CEO: 8 Questions To Ask Your Bookkeeper cash flow financial best practices planning

 

A few things in life are certain: death, taxes, and the importance of a good bookkeeper for your business.

However, you should be aware that there is no industry standard for bookkeeping....

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What Does A Small Business CFO Do? accountability cash flow financial best practices planning process improvement

 

When you hear the title Chief Financial Officer (CFO), do you automatically think of Fortune 500s and their skyrise corner office suites?

Well, I’d be willing to bet that successful...

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Unleash Your Cash Flow Potential

 

Ready to see how the Cash Flow Ignition Method can turbocharge your cash flow and put you on the fast-track to success?

Learn how my method can help you:

  • Develop a clear picture of what success means for you
  • Make snappy, confident decisions that kick your cash flow into high gear
  • Run your operations like a well-oiled machine, no firefighting needed
  • Shift gears with ease as business needs change