Whether you're looking to scale your business, improve cash flow, or simply maintain clean books, having the right financial leadership is critical to long-term success.
Here are 3 easy steps to stay on top of it:
Improved Financial Clarity: With the guidance of a CFO, your business will develop strategic budgets and forecasts that align with your growth goals.
Risk Management: A CFO can assess your financial vulnerabilities and implement risk management strategies, from securing better credit terms to ensuring compliance with financial regulations.
Cost Control & Profitability: A CFO will identify areas where your business can cut costs without compromising on quality, improving profitability. They'll analyze financial data to highlight inefficiencies and implement cost-saving measures.
Partnering with a CFO can make a massive difference in the financial health and scalability of your small business!
Schedule a free consultation with Svetlana Shilova for CFO / Bookkeeping service Now!
How to Track Your Online Sales Efficiently! Tracking your sales is essential for knowing where your revenue is coming from and optimizing your business. Here are 3 easy steps to stay on top of it: Use Payment Processor Reports: Platforms like PayPal, Stripe, and Shopify provide detailed sales reports. Review them monthly! Centralize Your Data: Integrate all sales channels into one bookkeeping software like QuickBooks or Xero. Monitor Refunds & Discounts: Make sure to subtract refunds and track discounts to get an accurate view of your profits. Save this post for future reference and keep your finances organized! Schedule consultation with TaxEasy for bookkeeping Now! #OnlineBusinessTips #EcommerceBookkeeping #TrackSales #BookkeepingMadeEasy
There are a few things people should consider when deciding whether their project is a hobby or business. No single thing is the deciding factor. Taxpayers should review all the factors to make a good decision. How taxpayers can decide if it's a hobby or business These questions can help taxpayers decide whether they have a hobby or business: Does the time and effort they put into the activity show they intend to make a profit? Does the activity make a profit in some years, and if so, how much profit does it make? Can they expect to make a future profit from the appreciation of the assets used in the activity? Do they depend on income from the activity for their livelihood? if someone are paid through payment apps for goods and services during the year, they may receive an IRS Form 1099-K for those transactions . These payments are taxable income and must be reported on federal tax returns. Schedule an appointment with ...
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