Blog Posts

  • Value Aligned Advisors Amplify your Cause

    Enacting positive change is a team sport. Who do you want on that team? When your suppliers, mentors, and professional advisors share your value set, day to day business or organizational activities become less of a battle and more of a creative endeavour. Here are 4 reasons why shared value alignment amplifies your impact. Trust… Read more

  • Plan Ahead for Grant Success

    Don’t miss out on funding! Schedule production of the required financial reports before your year end, to ensure they are complete and approved by your board before funders require them. Plan ahead: If your organization does not have a 3-year strategic plan, it should at least have a one year budget that includes expected grant… Read more

  • The Missing Link: Schedule of Cash Collections

    What types of businesses need a schedule of cash collections? A schedule of cash collections predicts when budgeted sales will ACTUALLY be received into a bank account so they can be entered into a cash flow forecast. This schedule improves: Read more

  • SAVE ON SUBSCRIPTIONS

    Most small businesses pay too much money for too many online app subscriptions. Try following these three steps BEFORE your business subscribes to another app: Read more

  • 5 WAYS TO AVOID A CASH CRUNCH!

    PLAN CASH FLOWS Strategically time payments to vendors (instead of paying invoices when you receive them) so that you can: SCREEN YOUR CUSTOMERS BEFORE you offer credit to customers: OFFER TRADE DISCOUNTS INVOICE IMMEDIATELY Prompt invoicing improves: CAPTURE YOUR ACTUAL PRODUCT MARGIN Include other direct costs in your gross margin calculation (in addition to cost… Read more

  • Sync Your POS and Accounting Software

    It used to be a pretty big deal to sync a point of sale system with an accounting platform but if you adhere to some basic rules, it can be fairly straightforward.  There are several benefits realized when you send information automatically between your POS and accounting systems: 3 Tips to Ensure a Smooth Integration… Read more