As business is growing rapidly for contractors, good cash flow management is the key to avoid production issues in the future. We offer tips on how to apply sound cash management practices.
This article provides guidance to help you find your "true bottom line," which can be accomplished by allocating your indirect costs properly. Since each company has a different cost structure, it is important to implement a systematic approach and allocation method that works with it.
We review the most frequently overlooked regulatory requirements - the need to hold regular shareholder meetings and maintain accurate corporate minutes. This doesn't have to be a burdensome requirement, and compliance could save you considerable cost and risk in the future.
The roles of a CFO and controller usually have misunderstood distinctions. We provide items to consider when your company is structuring and restructuring your company's senior financial management positions.
In spite of the competition for workers, it's still important to carefully screen job applicants. We offer tips to keep in mind when you are checking an applicant's background.
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