ACCOUNTING | 5/20/2024 Your businesses may have a choice between using the cash or accrual method of accounting for tax purposes. The cash method often provides significant tax benefits for those that qualify. However, some businesses may be better off using the accrual method. Therefore, you need to evaluate the tax accounting method for your …
BUSINESS MANAGEMENT | 03/22/2024 Optimizing Back-Office Operations for Franchise Success Whether you’re franchising a restaurant, gym, or another service-based business, maintaining organized back-office records and implementing effective accounting processes—both physically and digitally—is essential. A well-managed back office ensures financial stability and supports the growth of your franchise. The Role of the Back Office in Franchises …
NONPROFITS | 03/01/2024 Key Insights Does allocating expenses across grants and programs frustrate you because of complexity and lack of automation? It’s a common nonprofit pain point. For nonprofits, it’s critical wages and expenses are appropriately allocated both for compliance purposes and management’s understanding of program performance. The allocation process is often manual and time-consuming. Review some …