Heads up! Entrepreneurs! With the threat of recession looming and inflationary pressure crashing your business aspirations, there has never been a better time to invest in outsourcing! The US is currently in a crisis when it comes to employment. If you have kept an ear out for rumblings in the business world, you may have noticed that almost all major corporations have begun making moves since the beginning of 2023. They had started to prepare for economically harsh times and

Project management outsourcing is not just a trend. It’s today’s necessity. And an ultimate path to successful projects. It has steadily gained traction in the US business landscape since the pandemic.  With the remote work model being tested in the pandemic and proving to be a viable mode of work for certain business functions (such as accounting, IT, and project management), it’s no wonder that outsourcing is the natural next step in the community’s mind.  The name of the game

Attention optometrists! Whether you’re considering starting up a new optometry practice or an old hand in the industry, we welcome you to this short and snappy discussion on why we believe outsourced accounting for optometrists is the future. As medical professionals, you want nothing more than to help people, especially optometrists, who quite literally save the light in people’s lives, so to speak. With such a heavy responsibility on your shoulders, it is easy to lose sight of the fact

The choice between fractional CFO or full-time staff in back-end processes is a much-debated subject in the business community. Whether it be IT, accounting, or customer support, there is no shortage of arguments in favor of either side.  Ultimately, every business owner must make the best decision for their company. This is especially relevant for accounting, with all the sensitive data and discretion involved. To that end, we thought: why not make that process easier? In this blog, instead of

Accounting for real estate developers has always been a rather sensitive subject to broach. With the volatility of the economy and the inflated housing market, developers have their hands full managing their accounting affairs and staying on top of things. To that end, accounting for real estate is the subject at hand today. In this blog, we will be discussing what real estate accounting is, the essentials of real estate accounting for developers, and how to effectively leverage real estate

Hiring a restaurant specialist, CPA, is very important for restaurants today. Following the pandemic, we have witnessed countless restaurants closing down for one reason or another in the last three years. One of these reasons was their accounting and the lack of proper care for the business’s financial health. As reported by Tim Carman of the Washington Post, while the lockdowns certainly impacted restaurants and forced closures, the underlying problem that restaurant advocates narrowed down was the sheer amount of

Is it worth hiring a fractional CFO? The tumultuous business landscape has left businesses struggling to survive and thrive, bringing to the forefront a wide range of complex financial and managerial challenges. What businesses need now more than ever is financial leadership.  Someone has to be the pillar holding the business’ financial foundation together. For corporations, it’s, of course, the Chief Financial Officer. A role that is, at times, even more vital in a business than the CEO., A CFO

As we progress towards a more technological, digitized society, the business landscape demonstrates an ever-growing demand for professionals who can bridge the gap between managerial administration and technical prowess. Business analysts and product managers are two professionals currently hot in the market. They are quite enticing career prospects for people entering the job market. This begs the question of business analyst vs. product manager: Which is the right choice for the best career outcomes? In truth, both of these choices

While big corporations have always seen the value in enlisting the help of professional bookkeeping services to take care of their books of accounts and financial statements, the same cannot be said about small businesses. Things are looking quite dire if we look at the stats. According to stats compiled by Forbes, out of a whopping 33.2 million small businesses, only 6.1 million have more than one employee. This means that 81% of small businesses operate as a one-man show.