Two popular accounting solutions are NetSuite and QuickBooks, both known for their powerful tools and user-friendly interfaces. But which one is better suited for your small business? Let's dive into the comparison of NetSuite vs. QuickBooks to find out.
In this EBITDA guide, we'll unravel what EBITDA is, why it's a useful measure of business performance, how it compares to net income, free cash flow and the EBITDA pitfalls to avoid. Plus, we've included an EBITDA calculator to jumpstart your financial analysis today.
Truthfully, the finance department is not always the first thing business owners think to scale as their company grows. More often than not, business owners come to this realization once they have seen a big jump in revenue and suddenly realize that some more strategic financial planning is in order. So which one should you hire first? A CFO or a Controller?
Your value proposition is more than simply defining your price structure. It is your brand’s narrative. To define your value proposition, begin with the obvious and work your way through to the nuanced.
When small problems affecting your business growth begin to seem anything but small, it may be time to examine whether it's time to switch accountants.
A common question we get asked: what does a fractional CFO do? So, you're in need of some financial guidance but don't want to break…
Taking the correct budget process steps play a crucial role in the success and growth of small businesses. It allows entrepreneurs and business owners to gain financial stability, make informed decisions, and set and track their financial goals. And yet, many small businesses still don't have a budget.
An outsourced controller is an experienced financial expert, outside of your own company structure, who handles a range of time-consuming tasks such as: supervising daily…
Create your own month-end closing checklist to close your books faster each month. Streamline Monthly Closing Processes One of the first things a client wants…
With inflation soaring to 8.6% in May, every business owner, no matter the industry, should update forecasts with the assumption of higher costs. There are two things that you can do as a business owner to prepare for inflation and protect your profit. The first thing is to monitor costs and secure your prices from suppliers, either over the short-term or long-term. The second thing is to raise your prices.
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