Accounting & Budgeting

The Dangers of Keeping Multiple Accounting Books for Your Business—And How to Fix It

As a CFO and accountant, I’ve created the books, cleaned up the books, and used the books to tell management about their company. To me, a company’s accounting books are sacrosanct. They contain 100% of the financial facts of the company—the truth, the whole truth, and nothing but the truth. Until they don’t. Lately, I’ve […]

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How to Collect Money From Slow-Paying Customers

For many small and midsized companies, collecting cash on a timely basis from customers is one of the greatest challenges they face. It is often a delicate balance between maintaining good customer relationships while letting the customer know that your business success and continuity is dependent upon getting paid in a timely fashion. Online businesses

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Marketing Budgets: Getting Your CFO to Pay for Your Creativity

Marketing and finance are entirely different disciplines, so it’s no surprise that the CFO and the marketing team have an often contentious relationship. To the CFO, the marketing budget seems poorly planned and out of control; to the marketer, the budget is an unwelcome constraint on creativity. If marketing and finance are going to learn

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