Are you ready to fall back in love with building your business? Discover the 3 biggest shifts you need to make as a business owner that will enable you to grow fearlessly through strategic investment.
Tag: Small business
At AutoCFO, we love continuous accounting! Continuous accounting is simply a method of accounting where information is input into the financial system on a consistent, frequent basis.
Your business has been steadily growing, but now you’ve hit a plateau. What’s holding your business back? The likely culprit is data.
Numbers are numbers, and for entrepreneurs, your personal and professional finances are intertwined, so how do you manage each?
The modern world needs live, real-time data streams while the tech stack for small business owners is constantly evolving. Welcome to the world of real-time financial data and live, easily updated forecasting.
AutoCFO is excited to announce our new partnership with Astrella, a cloud-based SaaS solution by AST.
How much time does it take to answer a “simple” question like, “What was our revenue for X customer last month?” I once had a private equity investor grumble at me with a tone of complete and utter annoyance. He had asked one of our portfolio company’s controllers that question and received the response, “Can I get back to you on that tomorrow?”
I have built hundreds of budgets and projections for businesses (yes, that many!). After the first 50 or so, I found myself asking a key set of questions. Here are the top six most important things to think about when building a budget.
Tax season! Personally, it is not my favorite task. I love spreadsheets and financials and numbers, but I do not like doing my taxes. Tax season is also that time of year where we all take a hard look at how we did last year.
– Did we hit the revenue goals that we were expecting?
– Did we achieve the cash flows that we were planning on?
– Are we going to make a contribution to our 401(k) this year or defer that decision another year?
– Did I make enough money to make a withdrawal or pay myself a little more?