Why Business Owners Need to Know How to Forecast
Forecasting. Surprisingly overlooked, hugely strategic. This may come as a surprise. Our target market companies are making anywhere up to $25+ million in revenue per…
How to Calculate Your Debt-to-Equity Ratio (With Calculator)
Why should you care about your debt-to-equity ratio? Investors care about your liquidity (asset health) and solvency (debt health), and as a business owner, you should too. In financial metrics, that means tracking your current and quick ratio and your debt-to-equity ratio respectively. On the simplest terms, debt is what you owe, equity is what you own. Includes a debt-to-equity ratio calculator and infographic.
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Clean Up Your Books: 6 Bad Bookkeeping Habits to Break Now
The sooner you clean up your books, the sooner your cloud accounting team can focus on growth. Break these 6 bad bookkeeping habits before you find yourself drowning in disorganization. Growth is awesome, bad bookkeeping habits are not.
Financial Projections: 3 Mistakes You’re Making and How to Fix Them
Many entrepreneurs know they need financial projections to secure a business loan. But not all understand the building blocks necessary to create more reliable financial projections.
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6 Ways to Grow Your Business in an Unpredictable Economy
Even the best value proposition doesn’t make your business recession-proof. So how can a business double-down in times of economic uncertainty? Begin with your data and then focus on growth. Here are six ways to grow your business in an unpredictable economy.
Introducing the PPP 2.0. And how to qualify. (Watch the Video).
In case you didn't know the latest stimulus bill allocated more money to the to the popular PPP loan program that was part of the Cares Act earlier in 2020. And now we have the PPP 2. Here's how to qualify.
5 Tips to Setting Financial Goals for Your Business
We know we don’t need to convince you to make financial goals. We’ve all heard the: “don’t spend more than you make,” and “keep overhead…
6 Useful Steps to Evaluating Software and Cloud Solutions
When evaluating software and cloud solutions, the many options can seem overwhelming. What technology should I invest in? How do I ensure I’m choosing the…
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Outgrowing QuickBooks? 5 Signs to Know if it’s Time to Switch
We often get asked by growing companies whether or not they have outgrown QuickBooks. Let's just say the honest answer is—it depends. Here are 5 common signs to know if you have outgrown QuickBooks:
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Budget Planning: Ask these 3 Questions and It suddenly Seems Easier
It’s budget-planning time. After a year that may very well have derailed your budget, and despite how begrudgingly you might enter this process, now is the time to plan next year’s budget. Digging deeper into the essential questions from budgeting and forecasting for high growth companies is a great place to start.