Insights
Shorter pieces on the financial habits that separate businesses that grow from businesses that stall: cash flow, clean books and an accountant who understands where you are headed.
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InsightsCash Flow Is King: What Colorado Business Owners Need to Understand
Profit tells you whether a business made money over a period, while cash flow tells you whether it can pay its bills on time, and a profitable business can still run short when customers pay more slowly than payroll, vendors and taxes come due.
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InsightsThe Real Cost of Messy Bookkeeping, and How to Fix It
Messy bookkeeping costs a business in four ways, through surprise tax bills and penalties, financing that falls through, decisions made on wrong numbers, and hours of owner time.
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InsightsWhy Your Accountant Should Know Your Business Strategy
Your accountant should know your business strategy because most of a year's tax and financial outcome is decided by choices made during the year, such as hiring, buying equipment, changing entity type or taking on a large customer, and a tax return can only record those choices afterward.
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