The Quantify Blog
Working From Home: 10 Tips From a Seasoned Professional
This whole working from home thing is new for so many people. I personally have been working from home for about 8 years now and have learned many things over that time. While I certainly don’t have all the answers, I wanted to share 10 things that I have learned that might helpyou to be…
Accounting & Technology: 4 Lessons Learned from COVID
It’s been quite a while since created a new post. To say that things have been a bit crazy over the past couple months would be a ridiculous understatement. We feel like it has never been more important to put out valuable information that business owners can use to recover, grow and protect their businesses…
What is a Balance Sheet?
There is a huge misconception among the small to mid-sized business community that the balance sheet serves little to no purpose. Before I address this, let’s first take a look at what the balance sheet actually means. The balance sheet shows the assets a company owns and the liabilities the company is responsible for at…
5 Reasons to Outsource Your Accounting Department
Outsourcing functions of your business is becoming a much more popular and viable option in today’s marketplace. Companies are able to outsource all sorts of functions including human resource, sales, IT and of course, accounting. Today I want to touch on a few of the advantages of outsourcing your accounting function as opposed to hiring…
6 Financial Reports to Help Grow Your Business
Having timely and accurate financial reports is crucial to the decision making process in your business. How can you make a smart decision if you don’t know the financial impact it will have on your business? I am going to assume that if you are a business owner, you are at least taking a look…
5 Ways Your Accounting Function Can Grow Your Business
Many successful entrepreneurs view the accounting function in their business as an important investment. I know what you are thinking. Of course he is going to say that, he does accounting! Don’t take my word for it. Take a poll of some of the most successful entrepreneurs you know and ask how they value the…
7 Ways to Improve Your Cash Flow
One of the most important things for a business owner is cash flow. I am sure you have heard of the saying “Cash is King”. Well in small to medium sized business, this couldn’t be truer. In this post we will discuss 7 things that can help your business have a more positive cash flow.…
10 Things to Look for When Choosing an Accountant
Changing accountants is bound to happen when you run a business. As an accountant myself, there are certain things you need to be looking for when making that decision. I have put together a list of the top 10 things to look for when its time for a change. If you have had the same…
Why You Need To Review Your Financials Every Month
Many business owners get their books together once a year when tax time comes around. I believe that is a huge mistake. Below are 5 reasons why it is crucial to review your financial statements on a monthly basis. Let me preface this post by saying that reviewing your financials monthly is the absolute minimum…
A Big Mistake You Can Avoid
One of my biggest pet peeves is hearing someone use the excuse “I have been doing it that way for years”. I am confident you have heard this at some point during your professional or personal life. In our business, variations we hear are “we have had the same accountant for years” or “we have…
The Challenge of Being a Young Entrepreneur
Being a young entrepreneur can be challenging. When I started by business I was 25 years old. Lacking significant experience, it was hard to garner respect for the first couple years. It was especially difficult when you are 25 trying to sell professional services. For a while I never thought I was being taken seriously.…
When Revenue Isn’t Enough
I was chatting with a good friend of mine the other day about a potential job he had for his video production company. He is an extremely talented filmmaker, so I am not surprised that an organization approached him with such a large project. On the surface, this looked like the opportunity of a lifetime.…