How to Prevent Your Staff from Stealing Your Hard-Earned Dollars

How to Prevent Your Staff from Stealing Your Hard-Earned Dollars

We already looked at a profile to help identify thieving employees. Now let’s talk about prevention. That Won’t Happen in My Company! The first hurdle you need to overcome is this mindset. It’s why so many thieves get away with stealing so much for so long. Here’s the...
Gross Profit Margin – Gateway to Sustainable Positive Cash Flow

Gross Profit Margin – Gateway to Sustainable Positive Cash Flow

True story ahead. Years ago I was at a client’s office closing up the books for the month. I’ll call this client Fred to save him some embarrassment. Fred ran a successful business, with consistent positive cash flow. He had recently implemented some pricing changes...
Drafting a strong accounting team

Drafting a strong accounting team

I was watching a few innings of a baseball game the other day.  I was taken back to a time when I tried to explain the game to one of my kids.  My daughter had played one season of soccer.  In that game, everybody’s job was to kick the ball in the goal.  Pretty...