Rigits Blog Articles

This blog includes 70+ bookkeeping and accounting articles about mastering and utilizing your financials for growth, like…

  • Guides on financial terms, statements and concepts
  • Accounting & bookkeeping software, books, and tools
  • How to find local bookkeepers, accountants and fractional CFOs

Start browsing, learning, and implementing these insights to grow your business.

21 Best Bookkeepers in Jacksonville, FL

Welcome to our list of the best bookkeeping services in Jacksonville, Florida. As one of Florida’s flourishing business hubs—from trendy Riverside startups to well‑established firms in San Marco—Jacksonville is home to a diverse and thriving small‑business community. And as we all know, behind most successful ventures are bookkeepers, providing the backup business owners need to

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22 Best Bookkeeping Services in Philadelphia, PA

Are you a solo entrepreneur, growing startup, or small business owner in the City of Brotherly Love? If so, this roundup is for you: we’ve researched the top bookkeeping services in Philadelphia, PA, so you don’t have to. From firms with deep QuickBooks know‑how to teams that serve up proactive financial advice, each one is

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21 Best Bookkeeping Services in Phoenix, AZ

Here is our list of the best bookkeeping services in Phoenix. Finding the right bookkeeper can make or break a business—especially in a growing city like Phoenix, where entrepreneurs, startups, and small businesses are thriving. From handling day-to-day financial records to preparing reports that help with decision-making and tax filing, the right bookkeeping service keeps

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21 Best Bookkeeping Services in San Antonio, TX

Welcome to our list of the top bookkeeping services in San Antonio. San Antonio is home to a thriving business community, and behind many of those successful operations are bookkeeping firms delivering clarity, confidence, and proactive support. These top firms go beyond basic number-crunching to provide clean, accurate financial records, seamless payroll and bill-pay systems,

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Understanding Goodwill

Goodwill in accounting is the premium a business holds over and above its tangible assets, typically arising from its reputation, customer relationships, and brand value. In this article, we’ll explore what goodwill is, how it differs from other intangible assets, and what it means for small business owners. This guide is also related to our

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Controller vs. CFO–What’s the Difference?

The short answer is that the controller manages day-to-day finances and reporting, while the CFO focuses on strategic planning and long-term financial health. In this article, we’ll break down the key differences and responsibilities, and how each role can impact your business growth. This guide is also related to our articles on CFO reports for

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Bookkeeping Essentials for Coffee Shops

Effective bookkeeping helps coffee shop owners manage finances, monitor cash flow, and track profitability. Key components include recording sales, managing expenses, and preparing financial statements. In this article, we’ll explore essential bookkeeping terms, best practices, and tips to help you streamline your financial processes, headache-free! This guide is also related to our articles on how

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Understanding Churn Rate

Churn rate measures the percentage of customers who stop using your product or service over a specific time frame, and directly impacts growth, revenue, and customer loyalty. In this article, we’ll learn how to calculate churn rate, why it matters for your business, and strategies to reduce it. This guide is also related to our

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Cash Flow: Direct vs. Indirect Methods

Two popular ways of looking at cash flow are the direct and indirect methods. Each comes with its own insights and advantages, so let’s explore what each method entails, their differences, and how to choose the right one for your situation. This guide is also related to our articles on how to do cash flow

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Year-Over-Year Growth Formula

Year-over-year (YoY) growth helps measure performance progression, with the formula being: (Value in Current Year − Value in Previous Year)/Value in Previous Year × 100. In this article, we will conduct a deep dive into the YoY growth formula, its significance, particularly to small businesses, and how to correctly calculate it and interpret the results–as

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