Your business needs financial statements so management can monitor performance, attract investment capital and borrow money from a bank or other lender. But not all financial statements are created equal.…
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Forecasting key business metrics — such as sales demand, receivables, payables and working capital — can help you reduce excess inventory and other overhead, offer competitive prices, and keep your…
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Welcome to the revolution, the digital revolution that is. Today’s global marketplace means that the competition to sell goods and services is higher than ever. Sticking to your market niche,…
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Ineffective inventory management and reporting can result in bloated working capital and impaired business profits. In industries that rely on overseas suppliers, best practices for managing inventory may have recently…
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Virginia’s state minimum wage has increased to $11.00 per hour effective on January 1, 2022, which is $3.75 more than the Federal $7.25 minimum wage. Virginia last saw an increase…
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Management needs timely, accurate feedback to guide operating decisions, anticipate problems and take advantage of emerging opportunities. Unfortunately, comprehensive financial statements take a long time to generate. Reporting key performance…
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