Monthly Archives: July 2012

Refreshing Conversation

Had lunch today with the managing director of a local mid-sized CPA firm and a business owner friend of mine.  We all share the same belief that every business owner should make the best decisions for their business, maximize their profitability, and let their tax professional help them with legitimate, legal tax strategies. …

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Do You Know Where Your Cash Is?

Cash is King
Have you ever asked yourself the question, “I am making a profit but I don’t know where the cash is?”  Many business owners tend to manage their business strictly from the income statement.  An income statement is very important to a business as it provides a historical view of what transpired in the company over a period of time and gives the business owner, banks and other investors a better perspective of what contributed to the net profit or loss reported.

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