Most small businesses need some form of debt to function efficiently (with a few exceptions, such as venture-backed software companies.) Proper levels of debt not only improve company...
Cost accounting is the specialized discipline of managerial accounting focused on timing and attributing costs accurately. Although the concept of cost accounting is simple, the actual practice is...
It is very common for a small business to need an infusion of capital at some stage of development. Other than wealthy family members and friends, how do...
Have you been watching r/Wallstreetbets? At CFOshare, my team is excessively entertained by what’s happening with $GME. The $GME short squeeze was unprecedented in financial history, so what...
Projecting sales is the most important and challenging piece of forecasting, especially for new businesses with little to no historic data. Many small business owners don’t know how...
Bookkeeping and Accounting are part of the same profession and are often confused as the same thing, however they are different activities. Bookkeeping is transactional and administrative record...
A small business budget is not much use if you do not compare it against actual performance. This classic method of evaluating performance stands as one of the...
After 2 months of ongoing debate and negotiations, congress and president Trump signed a new stimulus bill which includes a second round of PPP loans. We at CFOshare...
We all know we should build a budget – after all, a budget is one of the four essential forecasting tools and a cornerstone of financial planning. But...