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 | 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 18, 2020 | financial tips
An overwhelming number of businesses across the U.S. are facing the financial strain of the COVID-19 pandemic after being forced to close their doors to follow quarantine laws set throughout the state, as well as social distancing practices recommended by the Centers...
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...
by Admin | Mar 30, 2020 | Accounting Standard
In order to help meet the needs of U.S. citizens in this difficult time, the U.S. government has passed a relief package and put in place certain rules and regulations that guide how businesses should or can react to the COVID-19 crisis. Changes in bureaucracy and...
