Published October 3, 2023 – Maintaining a strong bottom line is one of the most crucial challenges that small businesses face. When over half of new businesses fail in the first year, it’s essential for owners to focus on building sustainable strategies for profit and re-engineering their business practices to prioritize profit margins. What are […]
October 3, 2023 – Where numbers dance and profits sing, the CFO waltzes at the heart of it all, orchestrating financial harmony and steering the company towards prosperity. Table of Contents IntroductionOutsourced CFO In-House CFODecision-Making Factors Introduction Explanation of CFO Role: The Chief Financial Officer (CFO) is a pivotal executive within an organization responsible for […]
Published October 3, 2023 – You understand your business might lose money sometimes. Let’s take a look look at the reasons why money can be lost and how accounting is used to keep track of losses. Table of contents IntroductionCauses of Capital LossesTax Implications of Capital lossesStrategies to Manage Capital LossesReporting Capital Losses Introduction Capital […]
Published October 2, 2023 – Understanding and operating efficient cash flow is a keystone to the buoyancy and expansion of my business venture. It’s a lifeline that keeps the heart of my business beating continuously – think about it, what’s more critical than ensuring that there’s always more money flowing in than out? In an […]
Published September 29, 2023 – Imagine a thriving community where businesses and local organizations collaborate to create a vibrant, prosperous environment. Now, picture a team of financial experts dedicated to helping these businesses thrive. Welcome to the world of JTC CPAs and their incredible partnership with the Arlington Chamber of Commerce! Table of Contents IntroductionThe […]
Published September 28, 2023 – So, you’ve probably heard about this thing called “Xero Accounting Software,” right? But maybe you’re not quite sure what it’s all about. Don’t worry; I got you covered! Let’s dive in and explore the world of Xero together. Table of Contents: What is Xero Accounting Software Introduction to Xero Accounting […]