Inventory is meant to become revenue and, ultimately, cash. But when it sits too long, even an asset can become a burden on the business. Understanding the supply chain, cash conversion cycle, and timing of inventory purchases is critical to keeping capital moving.

Your CPA should do more than close the books and prepare reports. The right accounting relationship helps you understand what the numbers are telling you, identify potential issues early, and make more informed decisions about your business.

Strong cash flow isn’t only about what comes into the business. A disciplined process for approving, timing, and monitoring what goes out can strengthen internal controls, protect working capital, and give business owners a clearer picture of their cash position.

Tax planning doesn’t begin and end with your annual return. Changes in income, employment, withholding, and tax laws can affect your tax position throughout the year. Ongoing planning helps you stay ahead of those changes and avoid unnecessary surprises.

When we talk about a business from an owner’s perspective, one of the first things most owners want to understand is profitability. That’s hardly a new concept. Businesses conduct operations with the intention of earning a profit.

The goal of a good business owner is to provide the best possible products and impeccable service, business owners often go overboard on the service.

The Smoke Signal
Are we going to make payroll?
We are behind on invoicing and collections (AKA show me the money).
We never get financials on time ( Internal Process/Weakness).
We have so much software and I am not sure who uses most of it or if it gets used at all?

The professionals that are fierce advocates, guardians of practicing accounting; these are the people that understand we are vital forces for the public, for businesses and their stakeholders and/or owners.

In business as in baseball we would love our sales to cash turnover to be well over 1 as well. A simple formula that tells us how quickly (efficiently) our cash goes in the bank. Then we have accounted for the variable change.