“Cash combined with courage in a time of crisis is priceless.” – Warren Buffett “Never take your eyes off the cash flow because it’s the lifeblood of business.” – Richard Branson When we want to do something well, we are wise to look for advice from those...
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Here Are the Top Ways to Maximize Your Cash Flow Management
As children, we all look forward to the day when we can 1. Have a job, so that we can 2. Make some money, from which we can 3. Buy our own car or truck. It seems like such an easy equation to a child’s mind. All you have to do is get a job, then boom! You get a car....
Should You Make Loan Payments During the Pandemic?
The COVID-19 era has spared few people financially. From job losses and furloughs, hourly cut-backs, and general uneasiness about the future leading to spending cuts, we have all in some way felt the economic burden that the effects of this virus has brought on us. A...
Save Your Business Money: 4 Ways to Trim Your Budget
Things are tough for many businesses right now. The sudden economic shutdown in the spring has moved on to stuttered reopenings this summer. While the government’s PPP Loans have been helpful to those who applied and received them (see our update here), for...
Is Summer the Best Time of Year to Finance a Big Purchase?
Due to the overall financial climate brought about COVID-19, many of us put on hold the plans that we had to make large purchases. The allure of a new car seemed to lose its shininess in the midst of the pandemic taking hold, and many people didn’t want to think about...
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Entry-Level Accounting Positions: How To Start Your Career On The Right Foot
Attention, job seekers! Are you interested in the best way to secure entry-level accounting positions? Then this post is for you. We’ll explore what hiring managers are looking for, what a good starting salary would be, what kind of experience you need (or don’t...
Operating Lease vs Finance Lease: How New Rules Will Affect Your Small Business
In an earlier post on new lease accounting standards and how they can impact your business, we discussed a couple of different types of leases. Because most business owners are involved with renting some type of property or equipment regularly, we thought it might be...
9 Types of Accounting Jobs To Consider If You’re Looking For An Interesting Career
If you’re wondering what types of accounting jobs are available to college grads and job seekers with accounting degrees, you’ve come to the right place. We’re a CPA firm that’s been around a while (40 years and counting), so we’ve seen a thing or two. One thing we...
How Farm Bookkeeping Can Sow Seeds of Success In Your Ag Business
Farm bookkeeping isn’t exactly like bookkeeping for ordinary businesses. In the “non-ag” world, tracking transactions is fairly straightforward. But on the farm, things move at a different pace. The physical aspects of running a successful farm are tough enough....
New Lease Accounting Standards (And How They Can Impact Your Business)
Many businesses are involved with some type of leasing or rent-to-own transactions. Some lease property while others lease equipment to run their operations. Others are the ones leasing those things out to others as a source of revenue. New lease accounting...