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Management Basics #6: Do You Know Your Numbers? Print E-mail
Written by Fred Ode   
Editor's Note: The following is the sixth part of our ten part series called "Management Basics," by Fred Ode, CEO, chairman and founder of Foundation Software. To read part five, click here. To read part seven, click here.

 

If you're anything like the typical entrepreneur, you are focused, ambitious and product-driven. You have confidence in your skills and the intelligence to carry through on your business goals. But do you have another all-essential attribute that is critical to long-term success? Do you know your numbers?

Tags: 2006 February Issue , accounting , financial , Fred Ode , management

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How to Use Your CPA For More Than Taxes Print E-mail
Written by Kristin Kohler, CPA   

CPAs and taxes can be synonymous. When a question about a tax deduction or new tax law arises, the CPA is the first person that comes to mind. There is no denying that CPAs are excellent resources to help businesses and individuals reduce their tax liability, but CPAs are about more than just tax deductions and business write-offs. They are business advisors. If you are using your CPA as simply a tax advisor, you may be leaving profits on the table or money may be walking out the door without your knowledge.

Tags: 2006 September Issue , accounting , financial

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How Can I Gain Control of Cash Flow? Print E-mail
Written by Jayme Dill Broudy   

Dear Jayme,

I never know if my checks are going to clear or not.  I have three crews, and we're always busy, so it seems like this shouldn't be a problem, but I'm always getting unpleasant surprises. I thought my cash problems would be gone once we got bigger and busier, but they're not. How can I get a handle on this?

Tags: 2006 October Issue , accounting , financial , Jayme Dill Broudy

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Hiring a Payroll Service Print E-mail
Written by Jon Rosen   
There are few services that construction companies outsource more than payroll and for a good reason: payroll is time-consuming, complex and any tax errors can be potentially costly to the business.

Tags: 2006 January Issue , accounting , financial

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