KPIs are critical across your business, but no more so than in your financials. They are the critical numbers that need to be maintained and measured daily, weekly, monthly, quarterly, annually or on a project-by-project by project basis, to help you monitor and predict the overall health and efficiency of your overall operations.
“Financial Management” for Small Business
Lawyer & Accountant Referral Services Information Sheet
This resource will help you find a professional in the accounting or legal field.
Avoiding the Boom-Bust Cycle: Best Techniques for Managing Market Fluctuations
All businesses experience market fluctuations. Periods of growth, and periods where business is more difficult. What matters is how you manage the cyclical nature of your business finances.
Why Protecting Cardholder Data is Good for Business
Providing customers with secure payment options is good for your brand and your bottom line. Afterall a data breach could result in fines from the payment card brands and remediation costs – this is in addition to loss of business and your brand reputation.
Avoiding Business Failure by Improving Cash Flow
Why is cash flow so important for a business? A simple answer to this question is that without proper cash management, no business can survive. By understanding your cash flow it allows you to make wise investments and protect your company’s growth.
Are You Ready to Quit Your Job and Work in Your Startup Full Time?
One of the most important decisions an entrepreneur can make is the decision to quit their job. It is a critical transition that can have longstanding consequences. Quit too early or without the right preparation and your business may never get the chance to succeed.
How to Collect Invoices the Right Way and Get Paid on Time
Do you hate collecting invoices? The truth is that most business owners dislike making collections calls because they’re tedious and risky. They create tension with clients and can put the relationship on unsure footing. Fortunately, it doesn’t have to be this way. Here are seven easy steps to help you get paid on time.
Accounting Myths vs. Facts
Accounting can be an intimidating and often dreaded part of business for many entrepreneurs. To make it harder, there are many false facts flying around the internet that it can be hard to distinguish the facts from fiction. To help dispel some of those myths, here are four of the most common myths, BUSTED.
How Can Small Business Owners Control Costs?
When just starting out, small business owners tend to be very conscious about their capital, where it’s going, how much is coming in and what corners can be cut. However when sales begin, and revenue starts to grow, it can take a toll on your costs.
How to Protect Your Small Business from Fraud
A recent survey found that 33% of B.C. businesses report being victims of fraud. From accounting processes to information security, it’s more important than ever for you protect your business from the potential risks.