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GrowthForce Blog

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What Cash Flow KPIs Should Business Owners Track?

7 min read April 23rd, 2025 Cash flow problems are the leading reasons why businesses fail (by a long shot). According to a study from U.S. Bank, 82% of failed businesses went out of business as a result of cash ...

How to Streamline Your Business’s Accounting Processes

10 min read April 2nd, 2024 Many small business owners spend too much time and money on back-office processes. In small and medium-sized businesses, ...

Nonprofit Fund Accounting vs. For-Profit Accounting: How Do They Differ?

6 min read March 19th, 2024 In both the nonprofit and for-profit sectors, financial management is essential to success. You can't run a profitable ...

How Can Nonprofits Handle Delayed Donations and Grants Without Cash Flow Disruptions?

8 min read March 12th, 2024 The government spending freeze announced in late January has been temporarily blocked. Still, nonprofit leaders who depend on ...

Building Lasting Partnerships: Collaborations Between Nonprofits and Businesses

8 min read March 4th, 2024 Charity partnerships — nonprofits teaming up with for-profit businesses — are a clever way for nonprofits to expand their ...

Closing the Books: Key Steps in Year-End Accounting For SMEs

8 min read February 21st, 2024 For many small and medium-sized enterprises (SMEs), the end of the fiscal year coincides with the end of the calendar year. ...

Exploring the Impact of Social Media on Nonprofit Fundraising

8 min read February 11th, 2024 Social media has revolutionized nonprofit fundraising. With computers in almost every home and a smartphone in almost every ...