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Budgeting
Automatic Accounting
Could I be raising a future accountant? I think I might be. My 6 year old daughter likes to play “taxes” with her friends. She doesn’t yet fully understand what taxes really are but she does like to mimic what she sees me do in my office. And by reading The [...]
Looked at Your Budget Lately?!
So you made it through the process last year of compiling a budget for 2010. Have you continued the budget process and reviewed your actual results in comparison to your budget?
You should be comparing your actual financial results to your budget on a quarterly basis at a bare minimum…although monthly is best for most [...]
Countdown to Christmas
We are now in the last full week before Christmas, are you finished with your holiday shopping? I have just one more gift to purchase and then I will be finished, and let me tell you that is a good feeling. Do you know what is an even better feeling though? Knowing [...]
Tips for Practical Planning & Budgeting
Here’s another reminder:
Fall is Budget Season…are you prepared?
The leaves have changed colors and here in the mid-west most have fallen off the trees, so for an accountant that leads us to the question: Do you have your budget done?
The Institute of Management of Accountants (IMA) Small Business Committee Released Tips Today for Practical Planning [...]
It’s Budget Season
Here in the mid-west we are watching the leaves change color as we head into the autumn season, which is also the typical budget season for most businesses. October is just around the corner, do you have your budget for next year done? If so, good for you! What recommendations do you [...]
Budgeting for Small Business
I discussed the importance of having a budget to help you “prepare to win” in the last post. Now lets talk more details on how to create a budget. I encourage businesses to use the KISS (Keep It Simple Stupid) philosophy. You are more likely to continue to use your budget if [...]
Are you prepared to win?
“Most people have the will to win, few have the will to prepare to win.” – Bobby Knight
You might be wondering what a quote from a basketball coach is doing on a CPA firm’s blog, well let me explain. Knight was one of college basketball’s most controversial coaches, he was also one of the [...]
Budgeting for Individuals / Families
Budgeting is an important financial task that all individuals / families should do at least at a minimum level. There are many tools and resources available for you to use to help with this ongoing process. That’s right I said ongoing process, this is not a do it once and forget about it [...]