Financial forecasts assist in managing your finances. They are future predictions of your business finances, as compared to statements, which provide details of actual results of progress.
As accountants, we need to understand our clients’ business models. In very simple terms, a business model refers to “the way a business makes money”. Take a retailer, for example, who buys and [...]
Financial forecasting can drive growth and profitability! Read the example below on how Busy Bee’s Cleaning Service increased their profitability with help from their CPA.
Measuring return on investment is critically important as you consider your marketing spend. Do you know which marketing activities work, and which don’t?
Success in sales is based on many things: good salespeople, good leads, good marketing, good products, good market conditions and so on. But what about sales management? That’s important too and [...]
Imagine you decide to sell your business and a prospective buyer asks you to show them how things are done in your business. Would you bring out your fully documented systems manual with every [...]