Business Analysis

pspanWhen traveling for business, understanding what constitutes allowable business deductions can significantly impact the financial health of your business.

pBefore the pandemic, many workers often fantasized about what it would be like to work from their homes. When the pandemic struck, many of them got to find out. Thanks to employers shutting down offices, employees were suddenly working remotely from home.

pIf you have a specific societal problem you would like to address, such as a charitable cause, educational issue, or even helping unwanted dogs and cats find their forever homes, you may be thinking about starting a non-profit organization.

p class=normalAccording to the a href=https://s3-us-west-2.amazonaws.com/acfepublic/2018-report-to-the-nations... of Certified Fraud Examiners/a, businesses lose 5% of their annual revenue to employee fraud and abuse.

pspanIn business, risk is anything that could negatively impact your revenues, reputation, or future operations. When you try a new vendor, you take on risk. Their products or services could be below your standards, and cost you customers. When you expand an existing business line, there’s the risk that new products and services could not sell.

pJust because there’s a positive balance in your checking account doesn’t mean that your business is making money. Checks that you’ve written for expenses may not have cleared yet, or customers could have paid in advance.

pAs technologies advance and real estate costs increase, more and more companies are moving towards allowing workers to telecommute.  With the advantages of having remote employees, comes the question of how these employees interact with the company resources.  While many companies choose to provide workers with computers and cellular phones, techn

p class=BodyNo business looks forward to the time-consuming process of closing their books at the end of each month. It’s certainly not the fun part of running a business. It can be tedious.

p class=BodyYou may have heard about subscription businesses and what owning a subscription business might be like.

p class=BodyClients (and accountants) are human whether we like it or not. And as we know, humans make mistakes. Identifying and fixing financial mistakes is a large part of the effort expended by clients and accountants.