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Goal Setting for Better Financial Management in 2021

By Analytix Editorial Team

April 6,2021 0 Comments
Goal Setting for Better Financial Management

Inefficient bookkeeping and accounting practices, along with poorly managed debt, can lead to cash depletion and poor financial health for a business. Prudent goal setting, based on a realistic assessment of business performance, operations, and growth targets can help build cash reserves and financial resilience. Financial resilience and health have always been a top priority

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Time or Money: What Does Your Business Need Right Now?

By Analytix Editorial Team

March 8,2021 0 Comments
Time or money What does your biz need

The right answer is both. Businesses, especially startups and small firms, need adequate amounts of time and money. In the current COVID-19 landscape, small businesses have either shut down or are battling the prospect of permanent closure. A report by JP Morgan Chase Institute states that in the early months of the pandemic, substantial revenue

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Strategic Business Partnerships: Criteria for Future Success

By Analytix Editorial Team

March 1,2021 0 Comments
Strategic Business Partnerships

The changes brought about by the pandemic have resulted in deep learning for many accounting and bookkeeping firms, startups, and small and midsize companies (SMB). The businesses that survived have emerged stronger and resilient. They need to be diligent in their plans to ensure business continuity for 2021 and beyond. McKinsey, a leading management consulting

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A Look at Federal Tax Filing Deadlines for the Small Business

By Analytix Editorial Team

February 25,2021 0 Comments
A-look-at-federal-tax-filing

Business taxes can be daunting for startups, small and mid-sized businesses who routinely face financial challenges and budget restrictions. The IRS website shares updated information on tax incentives to assist businesses, including provision of deferred taxes and business tax credits. It is vital to understand federal tax and filing schedules so that you stay compliant

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Three Strategies to Grow Your CPA Firm

By Analytix Editorial Team

February 22,2021 0 Comments
Three Strategies to Grow Your CPA Firm

As businesses gear up for recovery and rebuilding during the COVID-19 pandemic, consider these strategies that can help align your growing CPA firm with sustainability and growth. Smart, powerful digitization As some businesses struggle to remain afloat during the COVID-19 pandemic, there are other businesses that transitioned to operating remotely.  As a result, these businesses

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The Benefits of Collaborative Working: Support your Customers’ Business

By Analytix Editorial Team

February 1,2021 0 Comments
The-benefits-of-collaborative-Blog

Whether you are a startup CPA firm or an accounting and bookkeeping services company, ensuring a consistent revenue flow and practicing efficient operations is invaluable. This is especially true as the pandemic continues to present new challenges to small and mid-sized businesses fighting to retain sustainability.  Luckily, the US Small Business Administration has announced additional

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Reorienting Business Goals to Emerge Stronger From an Unforeseen Crisis

By Analytix Editorial Team

January 26,2021 0 Comments
Reorienting Business Goals

Crises, whether foreseen or unforeseen, need a planned response and recovery strategy. This response and recovery is different for small businesses which are structured differently from large established businesses. As a result, measures that work well for an established business may not work for small businesses or startups that were forced to suspend operations and

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Two Steps to Crisis-Proof Your CPA Business Operations

By Analytix Editorial Team

January 18,2021 0 Comments
Two Steps to Crisis Proof Your CPA Business

Developing financial independence is a major step in crisis preparedness. A report by the Harvard Business Review talks about businesses with less than 500 employees accounting for 48% of American jobs and 43.5% of the GDP. Yet, these are businesses with limited cash resources to buffer even minor financial shock. Businesses have closed temporarily in

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Choosing Your CPA Firm’s Strategic Partnership

By Analytix Editorial Team

January 7,2021 0 Comments
Choosing Your CPA Firms Strategic Partnership

Looking to start your own CPA firm? Make it a priority to choose your strategic partnership. For a startup CPA firm, the ability to meet client requirements effectively and on time is a prerequisite to business sustainability and success. As your clientele grows, so will your practice. This makes it difficult to manage your practice

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CPA FAQs: Choosing White Label Partnership for Your CPA Practice Right Now

By Analytix Editorial Team

January 4,2021 0 Comments
Choosing White Label Partnership for Your CPA Practice

A Gartner report mentions that nearly 55% of large enterprises are expected to successfully implement an “all-in” cloud SaaS strategy by 2025. Small businesses are most likely to use these SaaS services to facilitate their business and strategies as well. This calls for an increased need for white label partnerships. A white label partnership is

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