Speaking with entrepreneurs recently (especially those w/businesses that buy/sell inventory) I’ve noticed a lack of understanding of the difference between cash flow and net income, profitability. Let me give you an example: Business selling inventory Start business by purchasing 10,000 units…

We’ve been working hard researching and implementing cloud-based accounting and financial tools to help our clients organize their data and cut down on data entry while increasing accuracy.  From an accounting perspective, our focus has centered on Xero (www.xero.com) and…

In today’s on the go, information at your fingertips world, being able to do business anywhere is essential.  That’s why I’ve become a Xero Certified Advisor. Xero is a cloud-based accounting software that connects people with the right numbers anytime,…