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The Recession Roller Coaster And Your Business: Questions To Provide A Path Forward

Roller coaster loop with blue sky and sunburst
Like it or not, as a business owner, you bought a ticket on a wild roller coaster. The only constant in today’s economy is information overload, often resulting in seemingly contradictory conclusions. More and more economists are pointing toward a recession, and perhaps a steeper one, yet, small businesses are, in many respects, not yet slowing down.… Read More
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Do Your Financials Match Your Business Narrative?

A hand is gesturing toward a glowing lightbulb illustration
As you’re studying your monthly financials and preparing for year-end reporting, and you find that your financials are not depicting the business narrative you know to be true, it could be a sign of bad accounting. Here are some best practices for reviewing your P&L and determining if there is an opportunity to enhance the accounting practices: Revenue If you’re having a great month and selling a ton of services or inventory, but revenue is not telling the same story, it’s likely revenue is not recorded in the proper period on your financials.… Read More
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Be Prepared for Tough Questions, and Ask Them Yourself

question marks
We are often asked by clients what we expect to happen in the near future. The answer is “uncertainty.” However, that does not mean all expectations are uncertain or that a business cannot plan. We are already seeing certain trends in the market that are likely to continue.… Read More
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Why the Budget Matters

Budget Season Blog
Ah, fall… the weather cools off, pumpkin flavors abound, the leaves change (or so I’m told; the cactus here pretty much stay the same), and for many companies, the start of “budget season”. That’s an accounting thing though, right? Not exactly.… Read More

The Fed, The S&P 500, and Your Business

Analyst pointing the chart.
Reading the financial news every day can be exhausting, confusing, frightening, or all the above. Making sense of the noise is even more challenging for a CEO. What does it mean to your business? Interest rates We read about rising interest rates – that is a broad characterization.… Read More
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Recession Or Not, Be Diligent And Move

Specialized Labor Company
There has been talk of a recession for some time. Depending on the data you look at, we may already be in one. CEO confidence has dropped to levels not seen since the beginning of the pandemic. Fear is plentiful, but bravery in the face of headwinds could result in tremendous opportunities.… Read More
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Do You Know Your Real Margins?

Financial Cost Analysis
For business owners, the business environment is constantly evolving. This makes it more important than ever to have a clear understanding of your margins and the true costs of producing and selling your product. Do you know what you net from every sale?… Read More
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How Small Businesses Can Win During Supply Chain Disruption: Sell Differently

Contractor - Business Transformation
Kinks in the supply chain have proven to be far more disruptive and lasting than most businesses have anticipated, and according to the latest survey by the National Federation of Independent Business, the outlook is not expected to improve in the near-term.… Read More
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Critical Headlines to Watch

Business And Finance Concept Of A Bull Market Trend
We are in uncertain times, with headwinds prevalent and daily headlines bombarding small business owners with potential worries. While talk of an economic slowdown or recession is common, the impact, should it occur, will vary by business, industry, and local market.… Read More
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Life after Budget

Finance, accounting and fintech, a man on a computer and calculator working out his business budget strategy. Businessman at his office desk, laptop, money management and financial investment online.
Hopefully by now the year’s budget was completed months ago and tracking results against it is ongoing.  Unfortunately, for many businesses, once complete, a budget finds its way into a drawer to not be seen again until it’s time for a new one the following year. … Read More