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...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
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...
November 08, 2023
Charles LutwidgeSecuring Financial Data: Accounting Security Tips
Modern enterprises must take effective cybersecurity measures to ensure accounting security. Constantly monitoring new bookkeeping security technologies minimizes the risk of losing essential insights. According to a study by Comparitech, a cyberattack occurs every 39 seconds, using financial data for...
November 03, 2023
Charles LutwidgeA Complete Guide on Accounting for Technology Companies
Technology businesses strive to deliver innovative products to succeed in a volatile and competitive marketplace. At the same time, they must manage their finances according to legal requirements, create reports, oversee research and development (R&D), raise capital, and engage in...
October 27, 2023
Charles LutwidgeBenefits of AI in Accounting and Finance
Today’s accounting profession has seen a significant shift with the addition of artificial intelligence (AI) solutions. The benefits of utilizing artificial AI in accounting are numerous, e.g., optimization of financial processes, raised accuracy, automation of routine procedures, etc. Would you...