Words From the Mind of a CFO
Gross Profit Margin – Gateway to Sustainable Positive Cash Flow
True story ahead. Years ago I was at a client’s office closing up the books for the month. I’ll call this client Fred to save him some...
Chart of accounts can deliver clarity to your numbers
As an English major who wandered into accounting, I often tell people I help clients understand the stories behind their numbers. Who’s the hero?...
Small business owners are too embarrassed to tell you they’re poorly compensated for all their work
I’ve been reading a lot about CEO pay lately. You’ve maybe read the same articles about the impending SEC requirement for disclosing the ratio...
QuickBooks – Desktop vs Online – Which is for you?
When I was a boy I recall asking my Dad questions like “Which is better - Cubs or Sox? Or mountains versus oceans for a vacation? Or stick shift or...
Drafting a strong accounting team
I was watching a few innings of a baseball game the other day. I was taken back to a time when I tried to explain the game to one of my kids. My...