Do You Know How Hard Your Employees Are Working for You?

Do You Know How Hard Your Employees Are Working for You?

“We hate keeping track of time,” the business owner told me, shaking her head. “We really suck at it. But I want to know how efficiently our employees are working. I’d also like to see how our billable hours stack up against our competitors. Isn’t there another way...
How You Can Change “The Worst Part of Owning a Small Business”

How You Can Change “The Worst Part of Owning a Small Business”

I recognize our company is an outlier. Everyone here loves the busyness of January: closing out our clients’ year-end books and getting things ready for tax preparation. (To be clear, we don’t prepare taxes: our CPA friends do. We tidy up the books and make the final...
30 Minutes to Break-Even

30 Minutes to Break-Even

It’s a brand-new year, full of promise and potential. I hope you’re rolling up your sleeves to improve cash flow this year. Wait, that wasn’t one of your new year’s resolutions? Your current year budget isn’t in place? Don’t despair, it’s not too late. The best way to...
Find Break-Even Before You’re Broke

Find Break-Even Before You’re Broke

You know you’re an accountant when — during the turkey dinner, holiday shopping, and assorted festivities — your brain turns to budgeting. That’s on my mind a lot right now, as our firm guides clients through exercises and calculations to give them a detailed forecast...
Do You Have a “Splitting “Headache?

Do You Have a “Splitting “Headache?

An accountant walks into a bar . . . No, it’s not the beginning of a corny joke. It describes a visit I once made to a client. Her books were in shambles. She was bouncing checks right and left. She never had as much money in the bank as she thought she should. And...
Making Friends with Your Numbers

Making Friends with Your Numbers

Have you hesitated about rolling up your sleeves and digging into the financial side of your company? Then read on. This information will add years to the life your business—and make sense of your conversations with accountants and other trusted advisors. Let’s Start...