CPG companies often miss deduction errors in trade promotion management. These are small mistakes that quietly drain millions from their bottom line. Retailer chargebacks can build up unnoticed, until they surface at the worst possible moment. Imagine facing an audit or a board meeting, suddenly having to justify millions in unexplained write-offs. “From what I’ve seen, it’s just like a health issue. At first, people ignore it, pushing it under the rug. The deductions pile up, they start aging, and

Many businesses across Connecticut have achieved massive savings and streamlined processes using EA’s accounting services. They’ve seen the results, and you can too.  Yet many firms are still uncertain about how to hire accounting services. While they recognize the benefits, they often feel unclear about the details—what’s involved in the process, how to choose the right service, what the onboarding process looks like, and how exactly it’s like to work with an accounting service, especially an outsourced accounting company.    Here’s

Retail accounting is like the compass for retail businesses, guiding accurate financial reporting and efficient inventory management to stay on the path to success. It streamlines the mind-bending processes that enable small businesses to track inventory and profit margins.  As with any method of accounting, however, retail accounting, too, presents some challenges.  In 2025, retail accounting is shaped by key policies from the National Retail Federation, like tackling organized retail crime and reducing credit card fees. In this blog,  we

When starting a business, many owners handle their bookkeeping because there’s insufficient budget or the perception that hiring help is not necessary. However, as the business grows, it’s vital to have somebody address finances to sustain equilibrium. If you’re a business owner, your focus should be on growing your business—not losing valuable hours struggling with financial records. Poor money management and bookkeeping cause many small businesses to fail. A study found that 82% fail because they don’t manage cash flow

What if your approach to bookkeeping is the biggest roadblock to your business growth? Because outsourcing your bookkeeping isn’t just a cost. It’s an investment in your freedom, your clarity, and the future of your business.  Efficient bookkeeping and financial management are essential for a business’s survival and growth. However, for many firms, managing these tasks can feel like a constant struggle (hours spent on tedious number-crunching instead of focusing on building the business you envisioned).   As you’re likely aware,

Is managing your bookkeeping hard for you?  In today’s business environment, there is a lot of pressure to search for ways on how to complete tasks in the shortest time possible and at the least cost.  The new working strategy that business owners are getting their hands on is hiring offshore bookkeepers.  If you are a startup company that wants to secure a reliable financial base or a developing company planning the next step in expanding business operations; at the

To understand commerce, it’s essential to know the contrast between retail and wholesale. These models connect but operate in distinct ways, affecting pricing, target markets, and business operations. Each model has its approach to products and customers. This blog explores the main differences between retail vs. wholesale, how they work, and pricing methods for both. What is Retail? Retail sells products to customers for personal use, usually at higher prices in smaller quantities. Examples include fashion stores, electronics shops, and

Cash flow issues are common for online vendors. Whether sales are down, there are supply challenges, or you want to expand, having enough money is vital. Intuit’s international analysis indicates that 61% of small businesses meet cash flow problems, and 42% had issues last year. As an online business landlord, managing the cash flow is essential for development. This guide will assist you improve cash flow problems and keep your business operating. Understanding Cash Flow Management Cash flow is vital

E-commerce is growing fast, and understanding accounting is key to managing finances. Choose the right method, understand taxes, and find the right software. A strong e-commerce platform is essential, along with possible licenses and permits. Understand the difference and ensure your accountant has experience. Statista states eCommerce sales will increase by twenty-two percent by 2025. Proper financial records are essential for your eCommerce business. They track performance and aid decisions. If needed, outsource to an expert or use software to

A faulty product recall can hurt any company’s reputation and profits. To avoid this, you need a solid process to track your finished goods. Making high-quality products is key to your business’s success. A good reputation brings loyal customers and growing sales. But managing quality control can be tricky. Statista states that The U.S. manufacturing industry is set to grow donating 3 trillion dollars to the GDP. Despite higher interest rates, factories keep producing goods to meet consumer demand. This