In recent days the world has become familiar with perhaps the largest data breach event ever known to humanity. I’m referring, of course, to the Equifax data breach.
What with all the talk about “cash flow” and “cash flow management,” it’s worth your while to gain a better understanding of what these terms actually mean.
Positive cash flow, for example, does not mean the business is profitable.
This article tries to draw attention to the role that accountants could play as business advisors within your business. Historically, accountants occupied the position of “bean-counters,” which essentially focused on what happened in the past, not on what the future of the business holds.
When choosing for the right qualified CPA for your business, the goal is to find a business advisor who is qualified to help take you from point A to point B—the long haul, in other words. The plan is to find the right complimentary relationship.
