Resources
Client Corner – The Women’s Fund Miami-Dade
March 18, 2024We are proud to feature our client, The Women’s Fund Miami-Dade. The Women’s Fund Miami-Dade makes a huge impact on our community, and we are thankful for their mission: To create positive change for women and girls through grantmaking, advocacy, research, and leveraging collective impact. Since 1992, The Women’s Fund Miami-Dade has worked to improve […]
Why it’s important to get your company’s financials done on time
March 18, 2024Have you completed your company’s year-end financial statements yet? Most calendar-year entities issue their year-end financials by March of the following year. Lenders and investors may think the worst if a company’s financial reports aren’t submitted in a timely manner. Here are three assumptions your stakeholders could make when your financial statements are late. 1. […]
Cash vs. accrual accounting: What’s the difference?
March 18, 2024Financial statements are critical to monitoring your business’s financial health. In addition to helping management make informed business decisions, year-end and interim financial statements may be required by lenders, investors and franchisors. Here’s an overview of two common accounting methods, along with the pros and cons of each method. 1. Cash basis Under the cash-basis […]
Making the most of your nonprofit’s social media accounts
March 15, 2024When was the last time you evaluated your not-for-profit’s social media strategy? Are you using the right platforms in the most effective way, given your mission, audience, and staffing resources? Do you have controls to protect your nonprofit from reputation-damaging content? These are important questions — and it’s critical you review them regularly. At the […]
Liquidity Overload: Why having too much cash may be bad for business
February 26, 2024In today’s uncertain marketplace, many businesses are stashing operating cash in their bank accounts, even though they might not have imminent plans to deploy their reserves. However, excessive “rainy day” funds could be an inefficient use of capital. Here’s a systematic approach to help estimate reasonable cash reserves and maximize your company’s return on long-term […]