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What You Should Do after Your Business Reaches $1MM in Revenue

  If your business has achieved $1MM in revenue, congratulations on beating the odds (estimated by the SBA), which say that 30% of small businesses fail within the first year, 50% within five years and 66% during ...

How a Scalable Back Office Sustains Growth throughout Business Lifecycle Stages

All businesses evolve through a series of common lifecycle stages, beginning with the entrepreneurial phase, moving through a series of growth stages and ...

Be a Smart CEO by Learning From The Four Types of CFOs

  While larger companies typically employ an in-house CFO to measure and manage the organization’s financial risk as well as financial planning and ...

Steering Your Business Strategy to Drive Growth

Strategic Planning - Work On Your Business, Not Just In It Well run companies don’t rely on blind luck to build a successful business. The best run ...

Income Statement and Balance Sheet - What’s the Difference?

An income statement and a balance sheet will tell me the same thing, right? Not exactly. While it is true that both financial statements will provide ...

Business Owner Exit Strategies: 3 Options for Business Maturity

Much of the conversation around entrepreneurship focuses on the beginning phases of a company: the idea, the conceptualization, the launch, the startup ...

More Than a General Ledger: Why the Chart of Accounts Is So Important to Your Business

THE TELLTALE SIGN YOUR CHART OF ACCOUNTS IS NOT DESIGNED FOR MANAGEMENT REPORTING If your chart of accounts reads something like this, "Accounting, ...