5 Common Accounting Mistakes (and How to Avoid Them)

As half of the year has passed us, and summer is approaching, now is the time for you as a business owner to look back and reflect on how your business has done thus far. While reviewing your financial health, it’s crucial to ensure your accounting practices are on point. Many small businesses unintentionally make […]
Midyear Financial Checkup: Ensuring Your Business’s Financial Health

As we approach the halfway mark of the year, it’s crucial to evaluate your company’s financial health through interim financial reporting. These midyear financial statements provide valuable insights, but it’s important to be aware of their limitations. Unless a CPA prepares them or performs agreed-upon procedures on specific accounts, these reports might not be as […]
Four Cost-Cutting Strategies to Boost Business Profits

Many businesses aim to increase profitability by boosting sales of products and services. However, higher sales volumes don’t always lead to higher net profits, especially if your expense structure is inefficient. This is why it’s essential to focus on expenses as well as sales to improve profitability. Conducting a formal expense review can be a […]