To identify waste in your financial operations is to identify instances of money, time, or resources that are not optimally used. A lot of firms
A lot of small firms find it difficult to monitor cash flow, which can make it difficult to meet bills or even plan for expansion.
Financial assessments are the first step toward growth because they show the real state of business money health and give a clear map for next
About knowing how your business makes and spends money, and what that means for growth. Your P&L is income, costs and profit, it gives you
Taking a closer look at your expenses, income, and assets will identify patterns or expenses that could hamper your strategy. Easy audits, such as tracking
Key Takeaways You can repair systemic fissures in the financial system by cultivating long-term investment, encouraging competition, and embracing responsible regulation for a more resilient
When revenue is up, but cash is tight, you’re in the classic business predicament that so many businesses encounter as they scale. High sales figures
Profitability begins with better financial visibility; after all, you can’t make smart business choices without clear figures. When you view your revenues, expenses, and comparable
There are some smart ways to boost cash flow during slow seasons, such as providing special deals, tuning spending, and exploring new avenues to market
By leveraging smarter cost management, better process flows, and clear value tracking. You maintain your quality and trust by selecting the appropriate equipment and properly
With 27 years of experience, Joel S. Smith, CPA helps business owners make sense of their finances and drive profitability. A UC Berkeley grad with a Master’s in Taxation, he’s a Certified Public Accountant (CPA) and Certified Management Accountant (CMA).
Joel has worked across industries like real estate, construction, and professional services. As a member of the CFO Project, he provides business owners with the clarity and strategy they need to grow.
