by Admin | Nov 10, 2021 | financial tips, Taxes
Since we’ve opened the toolbox to see what a Cash Flow Report looks like, let’s look around at some of the other tools in the bag. There’s one called an Income Report, and it has the word “Profit” on it! Will our vCFO be using this tool at all? Of course! What Is an...
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 | 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...
