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Government Contracting for Growing Businesses: What You Need to Know Before You Bid
What's in This Article: Government Contracting What Is Government Contracting? Where Government Contract Opportunities Come From Registering Your Business to Work with the Government Common Types of Government Contracts Financial Readiness Matters More Than Many...
Accrual Accounting Vs. Cash
What's in This Article: Cash Accounting Accrual Accouning In The End Frequently Asked Questions Cash vs Accrual Accounting You have finally taken the leap and started the business you have always dreamt about. However, now you must make one more tough decision: what...
Why CEOs Confuse Work in Progress (WIP) with Contract Backlog & Why It Matters
What's in This Article: WIP & Contract Backlog Two Reports, Two Different Questions What Work in Progress (WIP) Really Measures Where ASC 606 Fits into the Picture What Contract Backlog Really Measures Why Strong Backlog Doesn't Always Mean Strong Cash Flow Five...
Why Government Contractors Win More Contracts but Still Struggle With Profitability
What's in This Article: Winning Contracts Doesn’t Always Mean Winning Financially The Revenue Growth Trap in Government Contracting Indirect Rates Can Quietly Reduce Profit Contract Profitability Is Rarely Examined Closely Cash Flow Challenges in Government...
Why Government Contractors Fail the Pre-Award Survey and How to Pass with Confidence
What's In This Article: Pre-Award Survey What Is a Pre-Award Survey? Common Reasons Businesses Fail the Pre-Award Survey Want Bigger Federal Contracts? How to Prepare Before the Government Knocks The Opportunity Is Worth It Frequently Asked Questions Pre-Award...
The Accounting KPIs Every Growth-Focused Business Should Track
What's in This Article: Accounting KPIs Why KPIs Matter for Your Growing Business Advanced KPIs for Planning and Growth How to Measure and Monitor KPIs Effectively Using KPIs to Drive Strategic Action Wrapping Things Up Frequently Asked Questions Accounting KPIs...
5 Signs It’s Time to Move from MicroBiz to Controller or CFO Support
What’s in This Article: Has your business outgrown its current accounting tier? Growing Complexity Across Contracts and Operations Cash Flow and Budget Visibility Challenges Inadequate Forecasting and Strategic Planning Operational Inefficiencies Limiting Growth...
Why Most Businesses Have Good Bookkeeping but Still Make Bad Financial Decisions
What's in This Article: The Hidden Gap Between Good Bookkeeping and Smart Financial Decisions Bookkeeping Tracks the Past—Insights Guide the Future Why Financial Reports Alone Don’t Improve Performance The Financial Questions That...
The 5 Metrics High-Growth Government Contractors Track Every Month
Growth in government contracting can be exciting, but let’s be honest, it can also get messy fast. One new contract turns into three. Hiring ramps up overnight. Payroll jumps. Cash gets tighter. Suddenly, leadership teams are making...