Interview with AI: How useful is it
As Artificial Intelligence (AI) moves to the top of the buzzwords in today’s business world, we decided it was time to take it out for a spin and test its insights. We asked ChatGPT, Google’s free AI engine, some of the more pertinent questions for business owners. See some of those questions and answers below, […]
The Importance of Accounts Receivable Analysis
Accounts receivable and cash flow are intimately intertwined. For many businesses, accounts receivable are the primary source of cash flow, so it is critically important that they are managed rigorously and proactively.
Fixed, Variable and Semi-Variable Costs Explained
Cost accounting or “costing” is a key tool to achieve those goals and many more. Detailed, accurate costing can provide valuable insights, but many business owners struggle to account for their costs or don’t fully understand the numbers their accountants or bookkeepers present to them in costing reports.
The Ever-Increasing Benefits of Finance Process Outsourcing
When you outsource a non-core aspect of your business like your financial processes, you free up time, energy, and resources to focus on what really matters: your business’ profitability and growth. A proven, reliable financial process outsourcer can take a variety of tasks off your plate and probably do them better at the same time. Let an outsourcer’s employees do what they do best, and free yourself and your employees to focus on building a great business.
Helping Business Owners Simplify Their Back Office
BKE is proud to announce a new business relationship with MSP Consulting, an experienced advisor specializing in high-performance merchant payment service.
Do You Know What Should Be In Your General Ledger?
Maintaining a general ledger the right way is key to achieving a financially healthy business. Learn how to do that with these helpful guidelines.
The BIG Small Business Tax Change You May Not Know About
A recent Supreme Court decision is bringing big tax changes — and challenges — to small businesses that sell online. Here’s what you need to know.