Sat Oct 10, 2020 | Alan Lefkowitz | Business, Cash Management, Financial Reporting
If you own or invest in a business, you know that companies produce financial reports at least once a year. But do you know what they’re telling you? Different types of reports exist that can tell you other things. However, the overall objective of financial reporting is to provide information about the finances of a company while complying with regulations.
Read MoreSat Oct 10, 2020 | Alan Lefkowitz | Business, Cash Management
Many business owners receive a monthly or quarterly balance sheet but do not frequently analyze it or know what to look for. Many owners do not understand why the balance sheet is essential. Sometimes companies pay someone to prepare a balance sheet, and it’s another item that just sits in their inbox.
Read MoreTue Sep 22, 2020 | Alan Lefkowitz | Business, Cash Management, CFO Services, Financial Controller Services, Financial Reporting
No matter how brilliant an entrepreneur or business owner might be when running their business, without a good plan to maintain their company’s financial well-being, it will be difficult for their business to thrive. Regardless of industry or sector, we hear many of the same pain points that keep owners awake at night. Like people, the most successful businesses form habits that lead to their ultimate success. Here are the top five action steps successful companies implement to achieve financial success and prevent financial pitfalls.
Read MoreWed Aug 26, 2020 | Alan Lefkowitz | Business, Cash Management, CFO Services
Although the pandemic is not over yet, and many businesses are still shut down or only operating at a limited capacity, it’s essential to start planning now to get your business back up and running in new and changing environments. Here are 3 tips to help your business back on the road to recovery.
Read MoreSat Jun 6, 2020 | Alan Lefkowitz | Cash Management
When it comes to business, cash flow is king. The money you have at your disposal at any given time, without the burden of debt, is frequently what makes the difference between success and failure. Here are 10 cash management strategies that you probably didn’t even know existed:
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