By Rodika Tollefson | American Express The smoother your account and cash reconciliation, the better your business can run. These tools may help keep your accounts in line. Chris Hervochon, a certified public accountant for more than a decade, says that businesses can also integrate third-party, cloud-based applications and take advantage of available interconnected data. […]
“I Got 99 Problems & No Idea Where To Start” In this week’s video I’ll talk about the 4 pillars of business strategy, and how to determine which pillar to develop your KPIs around. I’ll also walk through the example in my demo Wayfinder of what this looks like in practice.
The Journal of Accountancy interviews Chris Hervochon By Teri Saylor | Journal of Accountancy The AICPA started the Leadership Academy in 2009 to teach the next generation of CPAs strategies to help them become strong leaders in their organizations and communities and in the profession. Over the past nine years, more than 350 CPAs have graduated from […]
Where to start… You’ve got drive, energy, and an awesome idea for a product or service. But, did you consider your accounting needs? Accounting tends to be one of the more mundane considerations, especially when you have so many exciting things happening as you start your business. Here are the 4 accounting bases you need […]
In this video I will be walking you through an automation I built for my business that covers customer acquisition and management, meeting scheduling, invoicing and payment collection. This is a template of how you can automate tasks in your business while also marrying financial and non-financial data for greater insights.
In this episode of Talk of The Town I discuss how business owners can utilize the data within their business to measure their performance and effect change in their business. Dashboards are all about measuring forward-looking indicators so you can turn the business you have into the business you want.
No, this isn’t about pizza, but I am talking about how to grow your bottom line. In this video I’ll walk through the 5-5-5 analysis and how you can apply it to your P&L to figure out how to be more profitable.
Business intelligence is the practice of leveraging both technology and the data available in your business to facilitate business decisions. There are numerous technologies available today to facilitate data extraction and analysis. Also, thanks to the internet, cloud software and other technologies, data has never been more plentiful. Effective business intelligence allows stakeholders to make […]
In this week’s video I talk about one of the most interesting tax planning opportunities available today – Opportunity Zones! This is a great planning strategy that you can use to significantly reduce your tax burden, and increase future investment income, if you currently have unrealized capital gains.
This week I talk about some takeaways from the AICPA National Tax Conference. I also talk about IRS penalty abatements, the new Qualified Business Income (QBI) deduction, deciding on a business entity and tax planning for year-end and 2019.
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