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 8, 2020 | financial tips
The pandemic has put an unforgiving amount of pressure on families now more than ever. With millions of workers being laid off or temporarily furloughed and non-essential businesses being forced to close, there’s no question that finances could be a leading concern...
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...