In a previous article, I explored how to spot growth opportunities. However, as businesses expand, so does the complexity of their operations. Many organizations turn to scalable administrative solutions and outsourcing to maintain efficiency and focus on strategic...
Artificial intelligence (AI) has become an indispensable tool for businesses across industries, revolutionizing the way we work and streamline processes. One area where AI is making a significant impact is in back-office operations, automating repetitive tasks that...
Managing Accounts Receivable (A/R) is a critical function for any business, as it directly impacts cash flow and financial stability. A/R posting, the process of recording incoming payments and matching them to outstanding invoices, ensures accurate tracking of...
Many businesses, particularly those using accrual accounting, face a common challenge: the lag between invoicing customers, collecting payments and paying suppliers and contractors. This discrepancy can lead to a negative cash flow, even if the company’s...
The new BOI requirement (Beneficial Ownership Information) enacted by the US Congress in 2021 has attracted significant attention. In this article, I delve into what BOI is, why it was requested, how companies can comply, and other pertinent considerations for...
Starting a company in the US involves several key steps, one of which is choosing the proper corporate structure. The structure you select impacts your legal liability, tax obligations, and operational flexibility. In this article, I provide a comprehensive guide to...
