Category Archives: General

4 Things you need to know about payroll

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Payroll is dealing with your employees’ hard earned money - money they need to pay their “overhead,” like rent, car payments, etc.  It should have [...]

4 things to consider BEFORE you extend credit to your customers

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Earlier this month, we talked about extending credit to your customers.  We hinted that it was an all “pro” piece and that there would be [...]

FIVE REASONS TO EXTEND CREDIT TO YOUR CUSTOMERS

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Here at VBC, people are always asking us about cash flow.  This month, we thought we’d take a hard look at something that can really [...]

Cash Flow Improvement through Balance Sheet Management

Cash Flow Improvement
We discussed the #1 thing you should do to improve cash flow in a previous blog post  (which was to improve your bottom line profit) [...]

10 Things Entrepreneurs Should Never Micromanage

10 Things to Never Micromanage
We recently read an article by Darren Dahl in Inc. magazine that listed 10 things business owners should never micromanage. For most entrepreneurs it is [...]

Why Entrepreneurial Accounting Literacy Matters

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As the business owner, your level of accounting literacy may make the difference between survival and failure. We know that’s a strong statement to lead [...]

What Can A Survivalist TV Show Teach Us About Running A Business?

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A friend of ours, Magen Smith, CPA and fellow member of the Thriveal CPA Network, told us about a quote she heard while watching Ultimate Survival [...]

Why Outsourced Accounting Is Best For Small Businesses and the Economy

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It is not uncommon to see entrepreneurs struggling with spreadsheets, outstanding payments & invoicing issues, hiring and managing administrative staff and still spending lengths of [...]

The #1 Thing You Should Do Today To Improve Cash Flow

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When talking to entrepreneurs, the topic of cash flow management comes up frequently. Perhaps they have heard a radio spot commercial from a bank suggesting [...]

How to Use Your Financial Statements to Run a Better Business

Virtual Bean Counters Cash Flow
Statement of Cash Flows The Statement of Cash Flows is an important part of analyzing any business, providing the reader with insights into the practicality [...]