Why Cash Flow Matters More Than Revenue You’ve heard it before: Cash is king. But having a profitable business on paper means nothing if your cash flow is out of sync. Many businesses don’t fail due to a lack of revenue—they fail because they can’t access their cash when they need it. If you’re constantly
The end of a calendar year is always jam-packed for business owners. Not only are you doing your best to get a little bit of rest in during the holidays as well as making sure you’re well-situated in terms of business and revenue for the first quarter of the next year, you’re also trying to
It’s a new year—cue the confetti—and many of us are making resolutions and setting intentions to make 2025 a year of learning, growth, and improvement. Of course, we also know that the same resolutions we set eagerly at the beginning of the year usually peter out by February. Why? Many reasons—sometimes, we set unrealistic goals,
First, let’s get one thing out of the way: this isn’t a piece devoted to trashing Quickbooks. On the contrary: as a fractional CFO who has worked with businesses of all shapes and sizes, I’ve seen firsthand how Quickbooks has revolutionized small business accounting. It gives business owners visibility into their numbers in a way
If your business is growing and your Chief Financial Officer could use a hand in managing day-to-day financials, you may be considering your options for outsourcing. Companies like Nexagy® are here to help in transitioning these daily duties to an outsourced financial controller. But what is a controller in finance? How does it work when
The idea of bookkeeping might sound easy enough to a new business owner: money in, money out. But there is more to it than just income and expenses. Working with a company offering bookkeeping services will help you in many ways with navigating the legalese and complex nature of keeping records for a business, organization,
Running a business is a challenge in and of itself, but with a well-defined business strategy, growth and success are within reach for many companies. At Nexagy® we can help individuals, groups, and companies in getting a better understanding of the steps needed to grow and sustain their business with time. To do this, we
In the dynamic world of business, leadership plays a pivotal role in steering an organization towards success. The concept of business leadership is not confined to just managing a team or making critical decisions. It extends to inspiring others, fostering a positive work environment, and driving organizational growth. This blog post delves into the intricate
In the ever-evolving business landscape, the role of a Chief Financial Officer (CFO) has become more critical than ever. The CFO is no longer just a number cruncher but an integral part of strategic planning and decision-making processes. But does every company need a full-time CFO? And what about small businesses or startups that may
Business accounting is a critical aspect of any successful enterprise. It provides a clear picture of the financial health of a business, enabling entrepreneurs to make informed decisions. Understanding the key components of business accounting can help you manage your business more effectively and ensure its long-term success. This blog post will delve into the
