How a Virtual CFO Can Help You Survive the COVID-19 Crisis
Right now, we’re all experiencing the impact of the COVID-19 crisis. Unfortunately, businesses are feeling some of the most severe impact. The coronavirus has not only lead to a health crisis, but an economic one, as well. Most businesses are currently in dire straits. However, while things may be...
3 Ways to Strengthen Your Business From Home
Businesses around the country have had to rapidly adapt to COVID-19. As the crisis continues to unfold, the pandemic continues to have an unprecedented impact on our professional lives. Most business owners are still doing their best to remain afloat. In addition, they’re struggling to drive...
How Creativity Can Revolutionize Your Business
Sometimes it feels like there are two kinds of people in the world: creative and non-creative people. Many of us simply assume that creativity is something other people have. Also, most entrepreneurs or business owners assume creativity is only in painters, musicians or writers. However, that’s...
8 Causes of Sloppy Bookkeeping
A clear record of factors like expenses and projected income is critical to the success of small businesses. For this reason, an accounting strategy through bookkeeping software is essential. With an online approach to bookkeeping, you can ensure that your files are always standing by and...
3 Ways to Survive a Cash Shortage
All remote bookkeepers are in the business of helping companies to thrive. Virtual CFOs use a variety of techniques to analyze data and develop fiscal strategies to help businesses flourish. Any remote bookkeeper can attest to the highs and lows that every company encounters. Obviously, no...
Payment Terms: Why do they Matter?
In providing remote bookkeeping services to numerous companies, at MM Accounting we understand how fiscal needs vary by industry. However, the need for payment remains consistent. When organizing contracts or selling products to clients, the payment terms dictate the logistics of your agreement....
Pros & Cons of a Limited Liability Company (LLC)
In this post, we’ll break down one of the most common types of business structures that small business owners utilize. Within past features, we investigated the pros and cons of S corps. This is a special kind of corporation that helps small business owners avoid the problem of double taxation. In...
How to Successfully Hire Remote Employees
As the world continues to grapple with COVID-19, every business is doing what they can to adapt. Circumstances aren’t nearly the same as they were a year ago. We’ve all had to jump through hoops that none of us could ever have anticipated. Business owners have had to voraciously seek out loans and...
CFO Answers: What is the Goal of the Financial Section of a Business Plan?
Any million-dollar empire starts with a fantastic idea. However, to remain profitable, it needs a coherent, well-constructed business plan. As all creative entrepreneurs know, business plans should describe company goals, discuss products and services, and explain strategies. These are all...
4 Tips for Starting a Small Business from a Virtual CFO
MM Accounting has seen our fair share of small businesses starting up. As a virtual CFO service, MM Accounting serves wide-eyed entrepreneurs with bold visions and big dreams. Our primary aim is to provide the kind of financial insight that helps these businesses flourish. Without a doubt,...