CFOs are generally paid very well in the United States, so being able to do your job effectively can feel like an absolute necessity. If you're getting paid for it, you need to be able to do it. When you're just starting out as the CFO of a company, it may be a little intimidating to have [...]

The more your small business starts to grow, the more you will have to hire outside help. Having a bookkeeper is one of the most important decisions you can make for your small business. But what does a bookkeeper do? These tips will explain and detail what services you can count on. They Help With [...]

Bank reconciliation refers to the process of matching a business' financial records with the bank statements. Accountants and other financial experts depend on this process to put the books of a business in order. Without bank reconciliation, it could be nearly impossible to catch fraud and financial discrepancies. If you want to learn how to streamline [...]

There are controllers, and there are comptrollers. Both have been around for quite some time now, so long that many people use them interchangeably without thinking about the difference. Come to think of it...is there a difference? The answer is, yes - and the difference is certainly worth noting. Your business could benefit from both [...]

Hiring a Chief Financial Officer is essential to set up the financial oversight of your business. Most business owners have a hard time delegating certain responsibilities to new officers. Chief Financial Officers aren't an exception to this rule. As a CEO or business owner, it's important to prioritize your business development. The starting point is [...]

Quickbooks should be easy, right? Then, why does it feel like trudging through an uphill hike with a semi-truck strapped to your back? Everyone goes on about how intuitive Oracle and Microsoft are for their accounting skills, but what if your current accountant doesn’t know SAP from maple syrup? That’s a problem, but it’s [...]

Small to medium-sized businesses can do well with an accounting manager and bookkeeper as the financial team. The issue comes along when these businesses continue to grow. Larger companies should seriously consider expanding their team and hire a company controller. Having a company controller as well as an accounting manager and bookkeeper helps businesses keep [...]

There are 30.2 million small businesses in the US. Many of them decide to outsource their HR tasks. You may decide to outsource this task too. HR companies can help your business grow by taking the responsibility off of you. But you don't want to hire just any service. Be sure to ask these [...]

An employee earning $14 per hour actually costs the employer $20 when you take into account all the associated costs. Given a 40-hour week, this means that while the employee earns $29,120 a year, they actually cost the employer $41,600. This seems to be an important cost to manage well if your business is to be profitable. [...]

Employees are a small business's most valuable asset. Therefore, it's essential for business owners to keep their employees motivated and content. It's difficult for business owners to run a company while also managing their employees. That's why many companies turn to HR outsourcing solutions. Professional HR companies handle human resource needs while providing a wide array of [...]