If you have ever looked at your financial reports and thought, “I know these numbers matter, but I’m not sure what they’re telling me,” you are not alone. Understanding your numbers is crucial for making informed decisions. In What Your Numbers Are Trying to Tell You (But Often Don’t), we explored why business owners often […]
Tag Archives: reports
03
Feb
Feb
Most business owners want to use their financial reports. They just don’t trust them. Or they glance at the numbers, feel a little uneasy, and move on. The story feels unclear, or the numbers seem to contradict what they’re experiencing day-to-day. Your numbers really are trying to tell you something. The problem is: they often […]
02
Sep
Sep
If you’re a custom home builder or contractor, you’ve probably heard your bookkeeper or CPA mention “cash basis” and “accrual basis” accounting. If your eyes glazed over at that moment, don’t worry, you’re not alone. Let’s break it down in plain English, using real examples from the construction world. Understanding the difference can help you […]
06
Aug
Aug
You’ve heard about KPIs (Key Performance Indicators) and know that other businesses use them to measure success. Should you be tracking them? This guide will explain what KPIs are, provide some examples, and give advice on how to use them to make better decisions. What are KPIs? KPIs are metrics that measure how effectively a […]
26
Apr
Apr
Do you ever feel like your bookkeeper is speaking another language? Or maybe it feels like they have an endless amount of questions. What do they even do while working on your books? If this situation sounds familiar, this article will assist you to find better ways to communicate with your bookkeeper and understand just […]