So, you’ve made it through your first year of running your business. Congratulations! That’s a major milestone, and if you’ve made it this far, there’s no reason why you won’t go on to bigger and better things. The end of year one is a time for analysis. You’ll be going through what went well and […] The post Heading into Your Second Year of Business? Here are Five Strategies for Increasing Your Profits first appeared on Tycoonstory Media.| Tycoonstory Media
For decades, annual budgets have been the cornerstone of financial planning. This type of budget, once confirmed, sets the course for the year and guides spending. However, the traditional method often falls short, especially during times of economic uncertainty. A static annual budget can become outdated just halfway through the fiscal year, no longer reflecting […]| Controllers Council
2025 presents both challenges and opportunities, particularly for mid-market CFOs who face the daunting task of managing accounts receivables, margins and cash flow during a possible volatile global economic climate. Through the year, it is very crucial to address the fluctuating days sales outstanding (DSO) and the high number of accumulating due invoices. Merely relying| KredX CMS
2024 presents both challenges and opportunities, particularly for mid-market CFOs who face the daunting task of managing accounts receivables, margins and cash flow during a possible volatile global economic climate. Through the year, it is very crucial to address the fluctuating days sales outstanding (DSO) and the high number of accumulating due invoices. Merely relying| KredX CMS
The benefit of switching to accrual basis accounting is moving from "hoping for the best" to a forward-looking financial plan.| Preferred CFO
