Gain insight into a big expense from this simple metric For most small companies, labor is the biggest expense.  So as a business owner or manager, you need to keep a close eye on the relationship between the money spent on employees and contractors and the resulting...

Examining A/P is very important right now as credit starts to freeze Cash is always king when it comes to the accounting of your small business, but especially right now. Nearly daily the headlines are filled with concerns about credit seizing up for smaller companies...

Don’t be passive about your accounts over $250K The collapse of Silicon Valley Bank (SVB), followed closely by Signature Bank, earlier this month has a lot of small businesses and startups doing some self-reflecting on the way they manage their finances. Many...

But planning, budgeting, and forecasting can protect your business.   It’s anyone’s guess when or if a recession will actually hit the US economy, but small businessowners are cautious. Many thought that by now, the economy would have seen bigger headwinds, but...

Jonathan Bill, owner of SBS, recently cautioned listeners on the Small Biz Flash podcast to avoid conflating profit with cash. That is a whopper of a mistake, and can easily push a small company out of business if there aren't enough cash reserves to cover operating...

In our last emailer, we mentioned that key performance indicators, or KPIs, are a valuable tool for measuring the health of your business. Let’s look at two specific KPIs that can help youmonitor your Accounts Receivable (AR). It’s especially important to pay close...

Key Performance Indicators (KPIs) are a valuable tool in measuring the health of your business. In fact, it is critical to know which KPIs to track, and then to actually do so on a regular basis. You can watch our YouTube video on What Are KPIs and How Do They Impact...

As a client or friend of SBS Accounting & Advisors, we invite you to join us for a free, in-person learning and networking event for small businesses on Tuesday, February 7, from 4:45 to 6:30pm, in the Perimeter Area of metro Atlanta. Jonathan Bill, owner of SBS,...

I don’t know about you, but after the holidays (and I hope yours were filled with good things and happy times with loved ones), I’m always a bit tapped out on the spending. But in true governmental fashion, Uncle Sam is piling it on. Seems like Congress missed...