Your profit and loss statement can look great while your bank balance tells a different story. Here is why profit and cash flow are not the same, and how to manage the gap.
cash flow
5 Ways Your Accountant Can Help You Profit In a Down Economy
In a down economy, making good decisions is critical. These informed decisions should come from accurate financial numbers. Numbers determine which levers to pull to increase your profits. Businesses need to review and analyze their numbers periodically. Many business...
Payroll Protection Plan Forgiveness
Were you one of the lucky companies who received Paycheck Protection Program (PPP) funds? If you want to have those funds forgiven, you are required to spend those funds over the next 8 weeks on employee and office costs. Below is the required guidelines for Paycheck...
Paycheck Protection Program
There is a new emergency loan program that will provide cash-flow assistance to those small businesses impacted by the current COVID-19 quarantine situation. The Paycheck Protection Program, commonly referred to as the PPP, is a program that is structured to fit...