January 11, 2024
Charles LutwidgeInsurance Accounting Tips for Insurance Agencies
According to forecasts published in a report by BCC Research, the global insurance market will increase from $5.6 trillion in 2022 to $9.8 trillion in 2027, with a compound annual growth rate of approximately 12% between 2022 and 2027. This...
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December 20, 2023
Charles LutwidgeMastering Car Dealership Accounting: Strategies for Success
Like most business sectors, car dealerships have various teams collaborating to guarantee the company’s smooth running. From sales and financing to customer interaction, internal activities must be streamlined and never stop. But one group contributes a lot to the prosperity...
December 14, 2023
Charles LutwidgeBookkeeping and Accounting for Marketing Agencies
If you run a marketing firm, accounting may not be one of the jobs you enjoy. Likely, you often work on your books. Regardless of whether you are doing accounting for marketing agencies for the first time or have been...
December 05, 2023
Charles LutwidgeTop Tips for Restaurant Cash Flow Management
Cash is king when it comes to the health and longevity of your restaurant business. Every year, the lack of a stable restaurant cash flow leads to the closure of many businesses. Research from US Bank reports that 82% of...
November 30, 2023
Charles LutwidgeInterior Design Bookkeeping: Tips for Interior Designers
Let’s say you started your interior design business to make a profit. Even if it started as a hobby or short-term project, you may outgrow it. We understand how easy it may be to get lost in a job that...
November 27, 2023
Charles LutwidgeWhat is Cash Flow in Real Estate, and How to Maximize It?
Real estate investing is one of the best investment tactics due to its variety of options, flexibility, and the ownership and management of tangible assets. Investments in housing are safe (compared to other assets, e.g., securities) and offer many ways...
November 13, 2023
Charles LutwidgeEfficient Cash Flow Management for Small Businesses
The primary tactic that any entrepreneur must master to achieve long-term economic success is proper money control. Cash flow management for small businesses is considered one of the most challenging activities. According to Intuit research, approximately 61% of small firms...
November 10, 2023
Charles LutwidgeBakery Accounting: A Recipe for Financial Success
Small baking companies may have a complex financial system. These businesses must pay taxes, consider different categories of costs, and correctly forecast the budget. Therefore, you may have difficulties with bakery accounting if you do not have the necessary knowledge...