Optimism is a healthy trait for entrepreneurs, who often need to stick it out through lean times before they build a successful business. When it comes to making financial projections, however, a healthy dose of pessimism comes in handy. Overly rosy income predictions could lead you to make decisions that jeopardize your business.

Whether you’re projecting the year to come or looking several years down the road, solid, reality-based financial projections provide a crucial road map for small business growth. Here are some tips to help you assess your success and make smart business decisions.

by Laura McCamy on February 6, 2015

Choosing an Accountant

March 10, 2015March 10, 2015Diana Rae, CPA, CMA2 Comments

5 Things to Think About

There is no legal requirement to engage an accountant when running a business. You can do all the tasks of keeping books, preparing your taxes, creating financial reports, and monitoring your cash flow yourself. However, there are some areas where an accountant can provide great value and guidance in managing your business. So how do you choose an accountant? What exactly can they do for you? And, if you already have one, are they giving you what you need? Continue reading →