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Business Operations

What Do Payroll Services Cost?

What Do Payroll Services Cost?

Managing payroll is a fundamental aspect of running a business, and many companies opt to outsource this task to professional payroll service providers. While outsourcing payroll can save time and reduce the risk of errors, one of the critical questions business...

How Do Health Savings Accounts Work?

How Do Health Savings Accounts Work?

  Health Savings Accounts (HSAs) are tax-advantaged savings accounts designed to help individuals and families with high-deductible health insurance plans cover their medical expenses. Here's how HSAs work. Eligibility  To open and contribute to an HSA, you must...

An Overview on Retained Earnings

An Overview on Retained Earnings

Am I Retaining Enough Income In My Business? At the end of the month, quarter, and year, business owners and executives review the profit and loss statement to determine the net income the business earned during the specified timeframe.  The net income is the income...

Fractional VS Traditional CFO

Fractional VS Traditional CFO

The Fractional CFO is a role that is well-known in the accounting world, but it is still gaining traction within other industries.  Hiring a fractional CFO offers the same level of experience and financial expertise as a traditional CFO but for a fraction of the...

How A Modern CPA Firm Can Help You

How A Modern CPA Firm Can Help You

A MODERN CPA WILL HELP YOU LOOK FORWARD. As a business owner you are constantly worrying about how you can increase your income, make payroll, hire new employees, and a million other things. I get it.  I’m a business owner too.  But what I have found to be the most...

Budgeting 101

Budgeting 101

Effective financial management is crucial for any business, and creating a budget is a fundamental step in achieving financial success. A budget is a plan that outlines expected income and expenses over a period of time such as monthly, quarterly, or annually. Budgets...

The Evolution of CFOs

The Evolution of CFOs

When you think of a Chief Financial Officer (CFO), you probably think of the individual within the business who oversees the monthly debits and credits that flow through the balance sheet and income statement, reviews the monthly financials, and advises an executive...

The In’s and Out’s of CFO Advisory Services

The In’s and Out’s of CFO Advisory Services

Many people have heard of a Chief Financial Officer (CFO), and they know that this person deals with numbers, but they often question what exactly it is and whether or not it would be beneficial to their business. CFO Advisory is a Chief Financial Officer at a...

What led me to Advisory Services?

What led me to Advisory Services?

Managing money has always been fun for me. Saving money came easy. At the young age of five, I had saved every birthday and Christmas dollar I had received since I was old enough to know what money was, so my parents took me to Columbia County Bank (now Millennium...