Cash Flow
Burn Rate: A Comprehensive Guide for Startups & Entrepreneurs
We’ve all heard the ominous phrase ‘burning through your cash’ – nobody want that! But what does the term ‘burn rate’ mean exactly, and is
May 31, 2023
Author: ocfo
Finances & CFO Insights
4 Steps to Move Your Business in the Right Financial Direction
Understanding your business’s current financial situation The financial position of your company is important not only for the day-to-day running of your business but also
May 23, 2023
Finances & CFO Insights
Founder Compensation: Are They Market-Related and Secured?
What is founder compensation? Most entrepreneurs put the needs and finances of their company ahead of their own. Putting in the hours and all their
May 17, 2023
Finances & CFO Insights
Profit First Method: Increase Profit With This Formula
You’ve done all the planning and hard work to get your business off the ground. Perhaps you’ve even funding and outside investments. But suddenly you
May 11, 2023
Cash Flow
5 Ways to Improve Cash Flow for Your Business
Growth sucks cash – that’s the number one law of entrepreneurial gravity. As your business grows, there will be bigger and bigger demands on your
May 3, 2023
Finances & CFO Insights
5 Strategies to Help Your Business Maximize Profits
Why profitability is important in business The basis of establishing a successful business is ensuring a positive bank balance, with a healthy amount of cash
April 25, 2023
Cloud Accounting
5 Tips to Drive Profitability with Financial Reporting
All entrepreneurs realize the importance of money to their business operations. Without money flowing in and out on a daily and weekly basis, the enterprise
April 18, 2023
Cloud Accounting
Personalized Bookkeeping: The Expert’s Guide
If you have a business with money flowing in and out – often more out than in – you need some way of keeping track
April 12, 2023
Cloud Accounting
Why Annual Financial Statements are important for your business
What is an annual financial statement? “Annual financial statements provide users with quantitative data regarding specific aspects of the entity’s financial performance. Financial statements also
April 6, 2023
Cash Flow
The Ultimate Guide for Creating a Business Budget
What is a business budget? Are you tired of feeling like you’re just throwing spaghetti at the wall, hoping that something sticks when it comes
March 30, 2023
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