7 Tips to Build a Better Inventory Forecast
Why should a retail or ecommerce business strive for better inventory forecasting and management to increase profits? Simply put, poor demand forecasting = higher carrying costs.
Difference Between P&L and Balance Sheet (And why it’s important)
We often see prospective clients paying special attention to the profit and loss statement (P&L), but ignoring the balance sheet. That’s a mistake, as both are important. Let’s drill into their difference between the balance sheet and the P&L with this cheat sheet:
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.
How to Streamline Your Monthly Reporting Like a Boss
Monthly reporting is one of those operational necessities that often becomes neglected. Here are three ways you can streamline your monthly reporting.
3 Ways to Put Your Financial Reports to Work
Our favorite type of client? One that has been growing so fast they haven’t had time to really put their financial reports to work. There is so much room for improvement in a company that is already growing but doesn’t yet know how to glean value from their financial reports.