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4 Reasons Why You Should Have An Accounting Process In Your Business

YoungUpstarts

by Krystal Russell, CPA at LYFE Accounting. If you are not able to set this up, hire a Certified Public Accountant (CPA) to help you through the process. A CPA has the expertise to set up your accounting or books that specific for your industry which will make categorizing transactions a breeze.

CPA 100
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Cash Flow

Up and Running

The other two, an income statement (also known as a profit and loss statement ) and a balance sheet , complement the cash flow statement and help you see a full picture of your business’s finances. . It doesn’t take a CPA or an MBA to do it. Your cash flow statement is crucial for running your business well.

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Fortifying Profits: Strategies to Shield Your Business from Embezzlement

Duct Tape Marketing

06:10] Can a stop gap measure like hiring an external CFO act as a deterrent to embezzlement? [08:29] 17:55] Could you outline what a typical engagement entails when hiring a fractional CMO? [19:55] [03:08] What is employee dishonesty insurance? [04:25] 16:22]What guidelines do you have concerning labor and productivity costs? [17:55]

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Valuation: Is Your Small Business as Priceless as You Think?

Up and Running

Buyers and sellers don’t always agree on what’s valuable and what isn’t, which is why hiring a valuation consultant or a CPA who has experience valuing businesses is a good idea. Talk to your CPA. Aside from you, your CPA has better insight than anyone into your company’s financials.

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How to Become Your Own Boss in 2015 (Webinar Recap)

Up and Running

Those of you that have had the opportunity to go to college, I am quite sure that you probably know someone who is a CPA and someone who is a lawyer and you want to add those two people to this kitchen cabinet as well because you need professional advice. You need to be thinking about your processes from day one. You are your own secretary.