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Signs Your Business Needs Virtual CFO Services
Signs Your Business Needs Virtual CFO Services Over the past few years, you remember hearing about virtual CFOs and the services they provide. Initially, you thought to yourself, ‘my business is chugging along just fine without a virtual CFO.’ Fast forward a few...
The Ins and Outs of Government Contracting
The Ins and Outs of Government Contracting What is Government Contracting?Government contracting refers to the process through which the government procures goods, services, or projects from private sector businesses. It allows the government to obtain the necessary...
Financial Ratios for Small Businesses
Financial Ratios for Small Businesses Financial ratios are tools that businesses can use to assist in achieving their goals. They help a business focus on its financial health. If used properly, financial ratios can pinpoint areas that need development. As well as...
What You Need to Know About DCAA and FAR Compliance
What You Need to Know About DCAA and FAR Compliance DCAA stands for Defense Contract Audit Agency, while FAR stands for Federal Acquisition Regulation. Both DCAA and FAR are critical components of government contracting, and compliance with them is necessary for...
Financial Ratios
Financial Ratios As a business owner financial data is something you have become all too familiar with. Every month you take the necessary steps to ensure your financial data is current and accurate. First, you enter the data entry into your business’ accounting...
How Accounting Plays a Role in Strategic Planning
How Accounting Plays a Role in Strategic Planning As the business world changes, so too must the accountant’s role. Accounting plays a crucial role in strategic planning as it helps organizations make informed decisions based on financial data and insights. Here are a...