Budgeting Part 1: Understand the Past to Build a Better Future

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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

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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 »

Three Reasons to Outsource Your Bookkeeping!

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There is nothing so sweet as surpassing your goals. Whether we are talking about sales goals, profitability goals or project goals, achieving each of those individual targets takes you one step closer to reaching your overall organizational objective. And owners and directors are always trying to achieve their organizational objectives! Why is it then that… Read more »

Saving Precious Resources; charitable organizations and cloud accounting

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At STAR Company we love our charitable clients! Big or small. Municipally focused or internationally minded. They are all doing important work in our communities. And of all the organizations who stand to benefit from cloud accounting, charitable organizations lead the pack. Generally speaking, these organizations are “resource restricted” with less staffing, less revenue and… Read more »

So, what do you do for me anyway?

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Here’s a question we get asked a lot: “Should I be talking to you about this? Or should I speak with my accountant?” It’s a good question. There is a degree of overlap between the work that accountants and bookkeepers complete, and both play a key role in the accounting process, of course. But there… Read more »

The THREE IMPORTANT QUESTIONS

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Three Questions That Can Powerfully Inform Your Vision Of The Coming Year. As December rolls around, most business managers turn their gaze optimistically to the new year. Dreams of fulfilled goals, excellent sales, and extreme organization fill our heads. And why not? The end of something old and the start of something new is a… Read more »

Cash Flow Reporting: The key to your future success

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It’s difficult to achieve long term goals without some thought to cash flow. Most managers can use emergency measures (personal cash infusion, holding back vendor payments etc.) to cover smaller blips in their bank balance. But it’s harder to achieve stability in the long term without a plan. Cash flow reporting allows managers to look… Read more »