Tax season is the time of year when businesses are forced to confront the truths of the overall state of the company. Business owners must evaluate costs, cash flows, write offs and margins to gauge the health of the company as a whole. Business health entails assessing the efficiency of functions of several different components,…continue reading
How to manage inventory effectively: 5 components of successful inventory management
As a small business, you may feel you don’t have the right resources or enough time to manage inventory. However, with these five practices, you can ensure efficient inventory management for your business. My accounting knowledge has been a great complement for my role in implementation of inventory management software. Because I took managerial accounting…continue reading