“In this blog post, Star Company’s Payroll Manager, Carleen van Hoesel gives her top tips on managing employee time tracking. The payroll process affects employees at all levels in a business. However, the employees that always feel the biggest impact of payroll systems and tools, are employees that are paid on an hourly basis. This… Read more »
Posts By: brad
Budgeting Part 3: Cash is Queen!
In part 1 and part 2 of our budgeting blog, we looked and evaluating past performance and using it to create a budget. Now comes the very important next step: turning your budget into a cash flow projection. Why is this step so important? Almost all businesses will go through periods of profitability and loss,… Read more »
Budgeting Part 2: Plan the Future
In part 1 of our budgeting intro, we looked at why it’s important to review your business’s past performance as a starting point for building a budget. Once you figure out the important metrics for your particular situation and get the hang of this process, it’s pretty straight forward. Prepare reports, review, repeat. Prepare monthly… Read more »
Budgeting Part 1: Understand the Past to Build a Better Future
Want to build a better organization? Be more profitable, more effective in achieving your vision, become a better employer, or reach more clients? Then grab a cup of coffee, a nice sharp pencil, and last year’s financial statements. “But I want to plan the future” you’re thinking. “Why go back and look at the past?”… Read more »
Building a Budget; The First Step to Success
There is nothing like the change of the autumn leaves to getting you thinking about Halloween, pumpkin spice lattes and budgeting. Yep, that’s right, budgeting! Even for businesses that don’t have a Dec 31st year end, October is a great time to step back and evaluate how your budgeting process is working for you. The… Read more »