We recently dove into how you can outsource your Accounts Payable without losing spending control, but does it make sense outsource Receivables too? Your business simply wouldn’t exist without its customers, and many worry their customer relationships will suffer without this crucial touch point. Surprisingly you can actually improve them by having someone else handle…
Adequate spending controls are important for every business during all phases of its life, but this is especially true during start up and initial growth phases. One key part of scaling a business is outsourcing non-revenue generating tasks to trusted professionals. This frees up time for our clients to focus on their core business, which…
In the Fall 2015 issue of the Illinois CPA Society’s Insight Magazine, Kristine Blenkhorn Rodriguez’s article “5 Reason Your Business is Doomed” listed 5 reasons most businesses fail. While this is incredibly insightful, the opposite is also true (and is a bit more optimistic). By inverting her reasons for your business’s demise, we find 5…
This year, the last minute extender legislation passed as part of the Consolidated Appropriations Act, 2016 (the Act) contains good news for just about everyone. It makes many of the long-favored tax breaks (so-called extenders) permanent and retroactively extends (some for five years, others for two years) the rest of them, and, for the cherry…