How to Start an Accounting Department for Your Business
One of the first things you should do, when starting a new business, is to get a framework laid out for your accounting department. This...
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bluecollarcfofl
- Feb 27
- 3 min
Adding Cash By Reducing Debt 101 (Interest Rate Analysis)
The goal of every business is to add as much cash as possible by reducing debt and using the existing assets to create more inflows of...
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bluecollarcfofl
- Jan 29
- 2 min
Form 1099s Are Due Soon, So Here's a Simple Process to Follow to Get Them Out the Door!
Get excited because it's that time of year again to file your 1099 forms for service based contractors that you have paid during the...
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bluecollarcfofl
- Jan 26
- 2 min
Do I Need a CPA?
A standard question that I get from potential clients is if they need a CPA (Certified Public Accountant) to run the company's...
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bluecollarcfofl
- Jan 24
- 3 min
The Fear Behind a Financial Audit
Let's run an experiment...randomly say the word "Financial Audit" around a group of friends and watch them screech in terror! Well, maybe...
35 views0 comments
bluecollarcfofl
- Dec 30, 2022
- 5 min
The "Debits and Credits" of Building a Budget
Strategies on how to build a budget for your business.
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bluecollarcfofl
- Nov 18, 2022
- 3 min
Personal & Family Wealth Accounting
People that have money, want to grow their money! The issue they face is that many have personal or family wealth, but do not have the...
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bluecollarcfofl
- Jul 25, 2022
- 3 min
The Purpose of an Accounting Variance Analysis
If you have never heard of a variance analysis in accounting and are a business owner, then you're in for a treat in terms of how this...
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bluecollarcfofl
- Jun 28, 2022
- 3 min
How To Do A Financial Restatement
Financial Restatement means that there are errors in a company's financial statements that need to be corrected. Ultimately, it is a...
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bluecollarcfofl
- Jun 27, 2022
- 3 min
Balance Sheet Basics 101
A Balance Sheet is a financial statement that reports a company's assets, liabilities and shareholder equity at a specific point in time....
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bluecollarcfofl
- Jun 27, 2022
- 2 min
Income Statement Basics 101
The Income Statement, or Profit and Loss (P&L), shows the financial performance of a business over a specific period of time. This...
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bluecollarcfofl
- Jun 25, 2022
- 2 min
The Value of Accounting
Is the value of accounting just a measurement at tax season or is there something more to this financial language? If you believe that...
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bluecollarcfofl
- Jun 23, 2022
- 4 min
Why Fractional Accounting Saves Money
Fractional Accounting Services are becoming a widely preferred way to run a business's accounting department at a much lower cost than the t
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