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Business finance: The ultimate guide for non-finance people

BMT Office Administration

Either way, you’ll need to master the basics of business finance if you want to find success. Even employees not working directly in finance generally need a basic understanding of it to succeed. Nothing exists in a bubble, and business finance is no different. Why is that?

Finance 264
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Are You Ready to Hire a Virtual Assistant?

Success

For the past decade, BELAY has been witnessing this phenomenon firsthand through its network of contractors who supply virtual support as assistants, bookkeepers, web maintenance professionals and social media strategists. You do not need to be managing email and invoicing and bookkeeping,” she says. “If

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Hiring C-suite executives: 6 essential questions

Insperity

If bookkeeping practices are kept in reasonable order and someone can manage the books, tackle closing and financial reporting, then there’s no requirement that the most senior financial person have a C-suite title, saving you a permanent post and a corresponding salary. At least that’s how things have been done traditionally.

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4 Key Performance Indicators Every Business Owner Needs to Watch

Insperity

Having a dashboard where you can check on these and other key performance indicators in a chart form can help you manage your company’s finances better. Need help with your bookkeeping and cash flow forecasting? A six-week forecast gives you time to develop a plan if you foresee a time when your receivables won’t cover your payables.

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Is the Next Generation Confused About the Value of Remote Work? 

Success

Jenny Groberg , CEO and founder of BookSmarts Accounting and Bookkeeping and a work-from-home mom of five children, says that her “three older kids will do everything possible to work from home [or] remotely rather than in an office. They were oblivious to the fact that I contributed to the family finances.

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How to Improve Your Cash Flow with Better Bill Collection

Insperity

Get the visibility you need from financial management software – it will enable you to look down the road at your finances and help you make better business decisions. Need help with your bookkeeping and cash flow forecasting? Stay ahead of the game. You should know which invoices are owed you long before they’re due.

Mailing 100
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5 jobs your roofing business should outsource

Ruby

Bookkeeping Bookkeeping is known to be a tedious job that can take up lots of your precious time. The hours you spend on bookkeeping could be spent elsewhere, such as on landing a new client or working on a current project. If your outsourced bookkeeper is using better software, this means more accurate and consistent records.