COVID-19 Crisis

Awesome accounting advice. 

woman points to chart to discuss how to prepare for inflation

How To Forecast & Prepare For Inflation

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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Creative Ways to Increase Cash Flow

7 Creative Ways to Increase Your Cash Flow

In a crisis, restricted cash flow can be a double-edged sword. To stay afloat, a business must improve liquidity for fluctuating priorities. Many will focus solely on cutting costs, but there are a few other ways to get creative with cash flow in a crisis.

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