by admin | Sep 1, 2020 | financial tips
When it comes to business planning, the best time to prepare for a recession is when things are going well. This allows you to act wisely, rather than reacting to circumstances and gives you the option to develop sound strategies to help ensure your business’s...
by admin | Jul 1, 2020 | financial tips, Taxes, Virtual CFO
Prior to COVID-19, business owners were already working with their financial teams to help prepare the company for uncertainty. Specifically, the business’s CFO takes on a role that ensures that your business will be able to weather unexpected events. Today,...
by admin | Jun 1, 2020 | Accounting Standard, International accounting, Virtual CFO
We are currently living through one of the worst economic crises in the past century, with many companies already losing more than 75% of their yearly profits within the first quarter of 2020. Some are laying staff off while others are trying to cope by cutting costs...
by admin | May 4, 2020 | Taxes
The majority of people who file taxes end up receiving a refund every year. However, if you fall under the percentage of filers who owe the IRS money, you may be wondering how to resolve the situation amidst the chaos of the COVID-19 pandemic. While this process is...
by admin | Apr 20, 2020 | Taxes
When it comes to running a small business, strong cash flow is crucial. Business owners tend to underestimate how important managing cash flow is for their business’s success. Your cash flow helps you monitor and understand your business’s liquidity, flexibility, and...