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3 Simple Tips From A CPA For Managing Your Online Business’ Finances

YoungUpstarts

However, other aspects such as forecasting and accounting are equally as important in ensuring that a business continues to grow. by Dustin Pfluger, Partner at BKM Sowan Horan, LLP. Developing profitable products and services constitutes a major part of starting a business.

Finance 147
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Exploring Tax Strategies For Small Businesses: Insights Inspired By Troy Renkemeyer’s Experiences

The Startup Magazine

Planning For The Future Forecasting is crucial in small businesses’ strategic tax planning and financial stability. When choosing an advisor, look for credentials such as CPA (Certified Public Accountant) or EA (Enrolled Agent) status, experience with similar businesses, and a communication style that matches your needs.

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Cash Flow

Up and Running

How to forecast and manage your cash flow. To get started, either get your cash flow statement from your accounting software, create one yourself (here are some tips), or sign up for a tool to help you forecast your cash flow – our recommendation is LivePlan. It doesn’t take a CPA or an MBA to do it.

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Revenue Recognition’s Effect On M&A

YoungUpstarts

This will help appropriately predict future forecasts, making it important for companies to understand how revenue will be determined under the new standard. What effects this will have on the future revenue model of the company and management’s ability to forecast? What to consider.

Revenue 124
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Startup Tax Planning for Better Cash Flow Management

Up and Running

But accurately forecasting your tax obligations may seem difficult, particularly when you’re busy running a company. Many small business owners have no idea what they will owe in taxes until it’s time to pay them,” says Paul Gevertzman, CPA, a tax partner at Anchin, Block, & Anchin in New York.

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What a CFO Can Do For Your Agency

Duct Tape Marketing

Jason is a Co-founder of Thriveal, a firm that helps entrepreneurial CPA firms connect, learn and grow. He’s also the CEO of Blumer CPAs where they serve as an advisory firm for the design marketing and creative agency services niches. Does that muddy up the forecasting, the models, or the accounting? [12:31]

CPA 85
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How to Run a Full Financial Audit of Your Business and Optimize Spending

Up and Running

Most people think of financial audits as investigations carried out by a certified public accountant (CPA). Compare the audit results with financial forecasts. Once you complete an audit, it’s a good idea to check the results of that evaluation against your financial forecasts. Then, update them as needed.