Mergers and acquisitions describe the process by which companies consolidate their assets through various financial transactions. These transactions include mergers, acquisitions, consolidations, assets purchases, management acquisitions, and corporate restructuring.
What Is a Fractional CFO?
If you’re a small business or a business trying to scale, financial procedures, reporting, and forecasting can seem like a nightmare. Fractionalized CFOs help you respond to these problems and more, ensuring you can execute your goals and position yourself for sustained financial success. However, you might have questions about the difference between a controller […]
What Is Cash Flow Analysis?
Increasing your cash flow is essential for your company, no matter the industry. However, to increase your cash flow, you need to devise a tested, effective cash flow analysis strategy. But what is cash flow analysis and how does it improve this vital aspect of any business? Cash flow analysis involves more than just monitoring […]
How to Choose an Outsourced Accounting Firm
Choosing an outsourced accounting firm can bring your company many advantages. However, once you decide to outsource accounting, you need to ensure the prospective firm can deliver those benefits as promised. This blog discusses what you should consider when hiring an outsourced accounting firm. To ensure you take advantage of all the benefits these companies […]
What Are Benchmark KPIs?
Benchmark KPIs are financial key performance indicators that help gauge a company’s financial and operational performance while identifying future strategic initiatives for the future. These KPIs can often be automated, but they require thorough analysis to unlock their full potential. Fully Accountable has a complete team of experienced financial professionals who identify benchmark KPIs and […]
What Is eCommerce Accounting?
Regardless of where you are in your eCommerce business, bookkeeping and accounting are two of the most critical determinants for your long-term success. Without a solid eCommerce bookkeeping and accounting system in place, things can quickly go awry. Unclear tax laws and exciting growth possibilities afforded by the internet are just a few reasons why […]
Outsourced Accounting Misconceptions
Outsourced accounting comes with a lot of preconceived notions. After all, outsourcing any part of your business comes with inherent risks. You need to know you can trust who you’re outsourcing to and what they can offer. However, as this blog shows, many of these preconceived notions are simply misunderstood. While outsourced accounting is relatively […]
What is Cash Flow and Why is it Important?
We here at Fully Accountable can sum up the importance of cash flow with one statistic: 82% of businesses that fail do so because of cash flow issues. Care about cash flow yet? This article discusses the reasons why cash flow is critical to any business looking to afloat. Cash flow gives you critical expense […]
Do you Outsource Accounting for a Startup?
You’re a startup owner. Did you start your business to perform tedious bookkeeping tasks and constantly worry about training your new hires? No. You started your company because you care about your products and services and how they help your customers. Maybe you want a yacht along the way. Whatever your reasoning, you didn’t sign […]
8 Warning Signs Your Business Needs Outsourced Accounting
As a small business owner, you need to make sure your finances are in check at all times, especially when you’re trying to grow. One accounting misstep can cause severe repercussions. You may not always notice when your accounting is at risk. However, these warning signs will quickly tell you when you need to consider […]
8 Benefits of Outsourced Accounting
As a business owner, you face tough decisions every day. One of those decisions is whether or not to outsource your accounting. Outsourced accounting services give you access to a full-service team of professionals who can take financial planning off your shoulders, but how? In this blog, we dive into 8 different benefits of outsourced […]
What is Big Data & What Does it Mean?
What Is Big Data? The term “big data” may confuse some. It can mean many things. And that’s fitting considering so many businesses, nonprofit organizations, and government agencies want to use it for their benefit. However, when you take a closer look at big data, it’s essentially large data sets that require a scalable infrastructure […]
Data Analyst vs. Data Scientist
In our modern business world, a company leader who fails to tap into the potential of big data is like flying an airplane with a blindfold on. Big data can help you understand market trends, consumer behavior, measure KPIs, and target inefficient processes. As a whole, big data can serve as a guide when making […]
5 Ways That Data Analyst Save Time
If the old saying that “time is money” is true, then your business has no time to waste. Business owners across all industries need to constantly be looking for ways to save time and resources. Data Analysts are part of the answer. Over time, this can help improve the efficiency and effectiveness of your business […]