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Create an Area 51 for Business Financial Information

By Analytix Editorial Team

February 20, 2020 0 Comments
Create Area 51 for Business Financial Information

When you think of Area 51, the U.S. Air Force facility in Nevada, you likely associate it with UFOs and secrecy. Guess what comes to mind here at Analytix? It’s the facility’s super-high-level security, which is practically impossible to breach. We know it’s a bit of a stretch, but what if your crucial data and

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Change is Coming! Is Your Small Business Fit for Battle?

By Analytix Editorial Team

January 30, 2020 0 Comments
SMB CHANGE IS COMING

Pick any top-performing company in your industry and they’re likely highly effective at managing change and modernizing operations. If your small business is also modernizing operations, you’ve probably come across industry buzzwords like Digital Transformation, Artificial Intelligence, and Business Agility.  These buzzwords are more than just that–they’re actively describing the different ways to change your

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Why CFOs Will Downgrade Excel Skills in 2020

By Analytix Editorial Team

January 13, 2020 1 Comments
Why CFOs Will Downgrade Excel Skills in 2020

Here’s a not-so-bold prediction: There’s a decent chance that CFOs couldn’t care less about your Excel proficiency in the near future. Why? Today, accounting managers and CFOs are looking to hire candidates with a growth focus and ability to adapt to changing technologies. This is bad news for job candidates who emphasize their strong Excel

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Business Debt Consolidation and Refinancing – What’s the Difference?

By Analytix Editorial Team

January 6, 2020 0 Comments
debt consolidation or refinancing

Is your business debt becoming too much of a burden and harming your business credit? Beware! Too much debt with high-interest rates can stifle your business cash flow. In these situations, refinancing or debt consolidating loans make good sense. Small business owners often confuse debt consolidation with refinancing because the result is sometimes similar. However,

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Raising Capital: 5 Essentials for Startups

By Analytix Editorial Team

December 23, 2019 0 Comments
5 Essentials Checklist for Preparing to Raise Capital

Having a war chest can give you a competitive edge, however, fundraising is hard and brutal. Around 80% of small businesses fail, most commonly due to the lack of capital funding. Besides, the financial inexperience of startup owners often results in various loans being declined. The following startup checklist prepares you with all the information

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Using Online Payment Gateways

By Analytix Editorial Team

December 19, 2019 0 Comments
Using-Online-Payment-Gateways

In 2017, $160.6 billion US dollars in non-cash transactions were recorded for North America alone. By 2022, this figure is projected to amount to $201.8 billion US dollars. [Source: https://www.statista.com/statistics/265767/number-of-cashless-transactions-worldwide-by-region/] As individual smartphone usage continues to gain ground and more businesses embrace digital operations, financial transactions are also becoming increasingly technical.  Individual device technology is

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Transforming Business Workflow with Automation

By Analytix Editorial Team

December 19, 2019 0 Comments
Transforming-Business-Workflow-with-Automation

Automation is changing the way the world conducts business. It provides businesses with tools that speed up operations, streamline functions, and enhance productivity. The end result? Improved efficiencies and profitability that businesses can’t afford to miss. Effective integration of tools and applications can help small to mid-sized businesses achieve high growth goals without exhausting their

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CPA FAQs – How Do I Find Time to Upgrade My Skills?

By Analytix Editorial Team

December 16, 2019 0 Comments
CPA Skill Development

With advancing technology poised to automate many of the data-driven tasks, it has never been more important for CPAs to remain relevant in this ever-changing and complex world. At an individual level, CPAs must take charge of their careers and ensure that they have the skills that will take them to the next level to

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How to Make Your Dental Bookkeeping More Effective

By Analytix Editorial Team

December 9, 2019 0 Comments
Effective Dental Bookkeeping

So you are running a dental practice and want it to grow. Let’s face it, you’ve already got your hands full managing your clinic, the staff, and your patients. But, like any business, dental clinics require strict bookkeeping practices in order to thrive financially. To improve the accuracy and efficiency in bookkeeping, check out these

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List of CFO Services That Small Businesses Can Outsource

By Analytix Editorial Team

November 27, 2019 4 Comments
Outsource CFO Services

Growing small businesses often reach an internal tipping point when they need a CFO to handle financing strategies, budgets, and be the sounding board before big decisions are taken. However, small businesses typically can’t afford a full-time CFO and often don’t need one either. But given that 82% of business failures are due to poor

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