Tips for updating your business plan

Think of your business plan as a roadmap designed to point the way to your current destination, knowing that where you land may not be your ultimate end point. After all, things are constantly changing in a healthy, thriving business. Market fluctuations, new competitors, changes in staffing or your sales figures may nudge you in a direction you wouldn’t have previously dreamed of, requiring new goals and strategies to achieve…  Read more

🎉 CONGRATS!!!!

Our AMAZING Charter School clients, Valor Collegiate Academy and Chattanooga Preparatory School earned major kudos from the TN Charter School Center last week. Mr. Bryan Mann at Chattanooga Prep won TEACHER OF THE YEAR! Bryan is a 6th grade math teacher and the head coach for their cross country team. Admission applications are now open through December 15: CLICK HERE to apply. Valor Collegiate Academy was a SCHOOL OF THE…  Read more

Five Ways to Bring in More Cash for Your Business

Now is the perfect time to evaluate your financial position and come up with innovative ways to add revenue streams and generate cash. Here are five ways you might consider to improve your cash inflow: 1. Evaluate your current company assets. Take a look at your assets, both fixed and human. Could you make slight pivots to create a new form of income? For instance, if you run a coffee…  Read more

Why Bookkeeping is Crucial to Your Success

Keeping track of sales, earnings, expenses, and purchases is fundamental to the overall health and sustainability of your business. Effective bookkeeping produces the data you need to evaluate your current practices, anticipate challenges, and set attainable future goals. But despite their proven importance, many business owners dread and avoid accounting tasks. In fact, 40% of surveyed entrepreneurs claim that bookkeeping is one the worst parts of running a business! Wondering…  Read more

The worst business advice to follow

When you’re a small business owner, you get used to people giving you advice. Sometimes you seek out their insights while other times they share whether you want them to or not. While the advice is almost always well-intended, it’s not always good. In fact, sometimes it’s downright awful. Here are some tips that well-meaning people give to small business owners that definitely should not be followed. 1. Never turn…  Read more

Why You Need a COVID-19 Financial Plan

Countries in recession, unemployment rates rising, multiple economic indicators at their all-time lows, increased market volatility– these are just some of the economic impacts we’re seeing as a result of the pandemic. As we continue to battle the COVID-19 crisis, it is important for everyone, especially those who have had their income stream affected, to keep their finances in check and proactively find ways to navigate to recovery. By creating…  Read more

Three Ways an Accountant Can Save You Money

Many small business owners think they’re saving money by handling their financials themselves. While it’s a real asset to learn bookkeeping basics, cash flow management and your tax obligations, hiring an accountant to oversee your finances has many benefits. Leaving your books to a pro will free up time so you can focus on serving your clients and implementing plans for growth. Here are a few ways an accounting professional…  Read more

Finding money within your business

Most small businesses experience cash flow problems from time to time and urgently need working capital. Many business owners immediately think of the bank or loans when they’re short of money. But there are other resources you can tap before you ask for that expensive overdraft or overdraft extension. The money you need might already be there—locked up in inventory, assets or your debtors’ book. You can often free up…  Read more

Our new website is live!

We’re so proud to announce our new website is live! We’re really excited to launch our new website which you can check out here: https://www.yourcfotogo.com/ We hope you like the fresh look. After a few months of planning and editing, we are really proud to reveal the results. The site features a crisp, new look, lovely local images and caricatures of our team which we think are pretty cool! This…  Read more

A Guide to Business Recovery in a pandemic world

As you know, the COVID-19 pandemic is not just a public health issue, it’s also caused lockdowns and financial worries on a global scale. Small businesses are not strangers to the impacts of the pandemic. In a survey by the International Trade Centre (ITC) among 1,200 businesses in 109 countries between 20 April and 4 May, the pandemic has strongly affected 60% of the businesses. The results of the survey…  Read more

3 Truths to Quell Fear

It is easy to become inundated with information in our modern society. Reports of death and disease, economies on the brink of collapse, and political infighting lend us to feelings of fear and overwhelm. There is no doubt the struggles we face today will require agility and will most likely reduce or contract any goals and projections we had our sights set on as the new year and new decade began.…  Read more

17 Stimulus Package (CARES act) Resources

You likely have questions regarding the stimulus package (CARES act), passed late last week, and how it affects your family and/or your business. We are hearing from many clients, friends, and family about the overwhelming details coming out of this bill. The measures enacted to date are evolving in regards to implementation. We are continuing to monitor ways in which you can act now in order to protect yourself and those around you financially.…  Read more

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