Blog
Business Advisors Inc.’s Fighting Inflation Series: Taking Out a Business Loan
Today I want to start a series on how small businesses like yours can fight inflation. Because I know that’s one of the top concerns for businesses across the country right now. But I’d also like to know…How’s your business faring? I’m genuinely interested in how...
The Word on Payment Methods for Minnesota Businesses
…payment methods!Try to come up with one thing that’s more important to your Minnesota business than taking in revenue smoothly. Yeah, I couldn’t, either.And making sure that revenue is coming in becomes almost an obsession when you’re feeling the squeeze of...
Alleviating Cash Flow Management Pains for Minnesota Businesses
[1] Because we’re talking cash flow management today… with a recession looming on the horizon and the effects of inflation being felt so hard in everyday life, it’s difficult not to freak out over what lies ahead for your Minnesota small...
Why Should Minnesota Businesses Care About FASB and GAAP?
Yes, inflation isn't slowing down, even here in Minnesota.Though it's not the main thing I'll be writing about today, I did want to point out this economic elephant in the room for my Hennepin County business owner readers and clients, and not just speed on...
An Accounting Methods Rundown for Minnesota Businesses
Before I get into accounting methods basics today (a subject near to my heart) ... I hope you were able to get in on some Memorial Day activities this past weekend (though I know some Minnesota business owners are in the thick of things during this commemorative...
Making the Most of Your Minnesota Business’s P/L Statement
In the arena of not-so-good news, along with so many other things these days, it looks like IRS interest rates have gone up for Quarter 3. Inflationary insults to injury for Minnesota business owners.These days are getting tougher. Hang in there.Now … the one...
Business Advisors Inc.’s Guide to the Profit and Loss Statement
As a small business owner, you’re often preoccupied with all the things that go into running your Minnesota business – the daily logistics, managing employee workflow, paying the bills, bringing in more customers… making a profit. Let’s focus on that last one,...
Three Financial Statements Minnesota SMBs Need To Get Right
If you’re a successful Minnesota business owner in this high-pressure time, you’ve learned to master the art of the pivot. Pivot on pricing, pivot on operations, pivot on hiring, pivot on supply, pivot on financials... Successfully pulling it off is...
Customer Relationship Management Software for Minnesota Businesses
Apparently, it is National Small Business Week. And while I tend to think these kinds of “national weeks” or days, or what have you, are often pretty silly … well, as someone who has been in the trenches with the SMB community over the last few years, I...
Time Management Software Choices for Minnesota Businesses
Tax “season” is over – at least for most of us. For all of the tax-exempt organizations out there operating on a calendar year basis, just a little nudge regarding the May 16th filing deadline. We’re here to help.Now, however, despite the relief that comes with the...
What is the Best Payroll Software for Your Minnesota Small Business?
Every Minnesota business owner in today’s inflationary environment is looking for ways to economize and improve: overhead expenses, workload, staffing needs, office space, supply chains, etc. It all feels stretched. We’re *all* feeling it, even here in Minnesota.So it...
Small Business Accounting Software: A Minnesota Owner’s Guide
For as long as trade has existed, so has accounting. Goods are sold, profit is made, expenses are accrued, and everything gets recorded (presumably, ha!). And it wasn’t THAT long ago that electronic spreadsheets were considered “a big advancement” in...