Understanding KPI and benchmarking is essential for businesses looking to improve performance and efficiency. While KPIs track internal progress, benchmarking helps compare performance against industry standards. Benchmarks and KPIs are both methods of determining a...
Regardless of where you are in your e-commerce business, bookkeeping and accounting are two of the most critical determinants for your long-term success. Without a solid e-commerce bookkeeping and accounting system in place, things can quickly go awry. Unclear tax...
Outsourced accounting comes with a lot of preconceived notions. After all, outsourcing any part of your business comes with inherent risks. You need to know you can trust who you’re outsourcing to and what they can offer. However, as this blog shows, many of these...
The importance of cash flow can be summed up with one statistic: 82% of businesses that fail do so because of cash flow issues. Care about cash flow yet? This article discusses the reasons why cash flow is critical to any business looking to stay afloat. With cash...
Congratulations, you’ve either started a new business or been in business for a while. Either way, you’re winning. However, running a business comes with managing a team; it can be hard to keep up with all of the elements it takes to keep everything afloat. It can be...
Data analytics may seem like a foreign language to some. However, even though the individual tasks involved in data analysis vary depending on the organization, data analysis benefits are straightforward. Companies using extensive data analysis beat the competition...
Many of us love the comfort and lack of a commute working from home affords, not to mention the much comfier work attire. However, being separated from our peers can make it easy to feel isolated and alone at your job. It can be difficult to maintain good...
As you prepare for the year ahead, it's time to get some spring cleaning done. Hiring an outsourced accountant can help your business reorganize and make sure all of its ducks are in a row for the upcoming year. With an outsourced accounting firm, your business can...
In the wake of the COVID-19 pandemic, federal and state deficits have surged to unpredicted levels. Given this scenario, tax efficiency is going to more crucial than ever. Taxes for wealthy individuals are expected to increase in the upcoming years, especially for...
Taxes are an unavoidable obligation that must be fulfilled each year. Preparing for it ahead of time makes it easy to file while procrastinating makes the process a lot more complicated. So, we would suggest start preparing now or at least stay up-to-date with tax...
