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Tag Archives: Cash Flow Management

5 Ways a Delayed Payroll Can Negatively Affect Your Business

When you’re a small business owner, there are a lot of things on your plate. You’re in charge of the business operations, the quality control, the accounting, the product/service development, and everything else in between. While that in itself may be a fulfilling experience, you can’t help but admit that there are times when there’s … Continue reading

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What Payroll Schedule is Best for Your Business?

Every business has to decide which payroll schedule is best for their outfit and employees. The most common frequencies in the U.S. are monthly, semi-monthly (twice a month), biweekly (every two weeks) and weekly. State laws typically require a minimum pay period — you can always pay more frequently but not less. Each pay schedule … Continue reading

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Why You Should Hire Your Kids During Summer

Do you need some extra help in your business this summer and an excellent tax write-off? Having your children to work in your business, even if only for the summer, is one of the most underutilized tax-saving strategies today. It can also be a great way to teach your kids some work ethic, money-management skills, … Continue reading

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How Outsourcing Can Help You Manage Your Cash Flow

People have a way of forgetting that cash flow involves a whole lot more than just money coming into your business. In many ways, it’s a crystal ball that lets you see into the future. If you know where you want to be, the cash flow is the pivotal roadmap that lets you know how … Continue reading

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An Ingredient to Success! Five Reasons Why Small Businesses Need to Hire an Accounting Firm

“Don’t ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.” —Tilman J. Fertitta Many business owners view accountants as an unnecessary and expensive luxury, believing that they can manage the business’ finances on their own. It is time to stop this kind of thinking. According … Continue reading

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