Accounts Payable: Definition and Process
What is accounts payable? Have you set up a proper AP process to avoid fraud and embezzlement? Have you maximized your AP process efficiency to avoid excessive administrative...
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How to Reduce Operating Costs
You might be short on cash, facing a demand reduction, or uncertain about future demand. The classic business playbook says these are good times to reduce operating costs....
Are we at the bottom? Four tactics for growth during the soft landing.
Capital markets rallied after the October inflation report indicated the worst might be behind us. On the other hand, companies like Meta and Twitter are moving forward with...
How to protect your small business in a recession
Are you looking to recession-proof your small business? Although no two recessions are the same, there is a tried-and-true playbook businesses have used to navigate and grow through...
What are the ways to finance your startup in a recession?
Have you tried funding a startup this year? If so, you know that now is a challenging time to pitch venture capital or angels. Even PE deal funding...
What is the Colorado Secure Savings Plan?
In 2020, Colorado passed a law mandating small business owners to enroll in a state-run retirement savings plan. The pilot program launches in October 2022 and compliance is...
Hiring In-house for accounting and bookkeeping
It’s always cheaper to do it yourself than pay someone else, right? Unfortunately, accounting processes are more complex than fixing your truck, and while many businesses benefit from...
Benefits of a Fractional CFO in a recession
The threat of a recession in 2023 could make you reluctant to take on new contractor expenses but engaging a Fractional CFO should be one major exception. You...
Will new IRS funding increase small business audits?
The recently passed Inflation Reduction Act includes $80B in new IRS funding over the next ten years, earmarked for increased tax enforcement, technology investments, customer service, and other...
What business does well in a recession?
Who’s afraid of the big bad recession? Unless you live under a rock, you have heard economists and business leaders talk about the potential recession – or possibly...