This blog includes 70+ bookkeeping and accounting articles about mastering and utilizing your financials for growth, like…
Start browsing, learning, and implementing these insights to grow your business.
Buying another company can help small business owners grow quickly, reach new customers, and improve how they operate. However, it also brings challenges like financial pressure, difficulties in combining the two businesses, and differences in workplace culture. It’s important to understand how to buy a business to handle these issues well and this article can
Read moreIntroduction CFO (Chief Financial Officer) reports are in-depth reports that show a variety of trends, metrics, and ratios that forecast and explain the financial performance of a company. This guide explains some of the basic CFO reports that a small business owner would use to understand their financial performance. This guide is also related to
Read moreA virtual CFO (Chief Financial Officer) provides expert financial advice and services remotely, offering a cost-effective solution for small businesses needing strategic financial guidance without the overhead of a full-time CFO. This article will explore how a virtual CFO can transform your business’s financial health, the services they offer, and how to decide if it’s
Read moreFiguring out what your small business is worth can be tricky, but knowing its value is crucial, whether you’re selling, seeking investment, or planning for the future. We’ll walk you through how to do just that, touching on methods from cash flow analysis to comparing similar businesses. This guide is also related to our articles
Read moreZero-based budgeting starts every budget from scratch, asking you to justify each dollar you plan to spend. It’s a method that can uncover inefficiencies and allocate resources more effectively. We’ll explain how zero-based budgeting works, its benefits, and how to implement it in your small business for better financial control. This guide is also related
Read moreCreating a budget is vital for small business owners looking to steer their business towards growth while keeping a tight grip on finances. A solid budget helps you plan for the future, manage cash flow, and make informed decisions. This article will cover why budgeting is essential, how to create a realistic budget, and ways
Read moreFinancial ratios give you tools to understand your business in a simple, direct way. While they don’t give a complete picture of your business, they’re very useful to, outline strengths and weaknesses, gauge financial health & evaluate profitability. This guide is also related to our articles on understanding the return on assets formula, how do
Read moreYou’ve found our guide to understanding, measuring, and improving Return on Assets! Return on Assets (ROA) is an important financial metric that measures a company’s ability to generate profit from its assets. Understanding and optimizing ROA can impact your business’s efficiency and profitability, making your business more attractive to lenders, investors, or buyers. In this
Read moreHere is our list of the best fractional CFOs. Fractional CFOs, or chief financial officers, are highly skilled finance leaders who provide business leaders with strategic financial and operational support for their companies. Fractional CFOs typically work on a part-time or per-contract basis. The purpose of this list is to provide high-rated fractional CFOs around
Read moreLiquidity, or the ability to meet short-term obligations, is the lifeblood of your small business. Just like a plant needs water to thrive, your business requires enough liquid assets to cover its immediate liabilities. Without this, even the most promising business can find itself in hot water. This guide is designed to explain the concept
Read moreRigits, LLC © 2024 All Rights Reserved