Research
Work-in-Progress Reports
The purpose of the Work-In-Progress (WIP) report is to allow the company to properly report it's financial results. This is a critical part of your financial reporting and needs to be accurate to make sure you are making the correct decisions.
Succession Planning
What is a successful succession plan for an organization? It's is a key strategy for identifying and developing people who can move up if a key employee suddenly leaves.
Learning From the Balance Sheet
Most small businesses look at the Profit and Loss Statement regularly, but many don’t understand the importance of the balance sheet.
Accounting is the Secret Language of Business!
Does your company prepare monthly financial information? Do they analyze and use the information to improve the company or their business? I am often surprised by the answers to this question!
Cost of Customers
“You can’t manage what you can’t measure.”
This well-worn business saying holds truer than ever when it comes to the cost of gaining new customers, known in financial terms as Customer Acquisition Cost (professional service firms can substitute 'client' for 'customer').
Your business's Customer …
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