Business Growth

Your Controller Should Get You Financial Statements In 10 Days (And They Should Be Accurate)

Decisions, decisions, decisions. CFO Alliance Your Controller Should Get Your Financial Statements in 10 Days

 

When starting or running your own business, there is no shortage of choices to make. And it’s likely that most of these decisions need to be made quickly, too. But how do you know you’re making the right decision – and what information are you relying on?

 

We’d venture that more often than not, you’re relying on financial information. But how quickly is that being provided to you on a monthly basis?

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Don’t Let GAAP Spook You: Why Financial Statements Matter

Don't Let GAAP Spook You: Why Financial Statements MatterIncome statements and balance sheets and cash flow – oh, my!

The three major financial statements required under GAAP are often enough to evoke sheer terror from even the steeliest entrepreneurs – and it’s no surprise why. GAAP or “accrual basis” financial statements can make-or-break your ability to make educated decisions and plan strategically for your business.

 

Need more funds to expand your business? Look no further than financial statements to weigh your debts, shareholders’ capital, and other loans you’ve taken to decide which type of financing is optimal. READ MORE

5 Financial Habits of Successful Entrepreneurs

5 Financial Habits of Successful EntrepreneursEntrepreneurs come in all shapes and sizes, but the most successful entrepreneurs have a few key things in common. Not only do they have a passion for serving their loyal customers but they have a fundamental understanding of the finance side of their business. Here are the top 5 financial habits we’ve seen in our most successful entrepreneurial partners.

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