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The Importance of Utilizing Financial Statement Analysis Software for Small Businesses
Unfortunately, there is no step-by-step manual for running a successful, profitable small business. With so many outlying factors and variables that are beyond your control, it’s important to pay attention to the factors that are within your control, such as financial analysis.
Author: iCFO Staff
Benchmark Analysis: An In-Depth Look
Running a business, big or small, comes with a set of difficult obstacles that must be successfully tackled before becoming truly successful. This is evident in the statistics surrounding small business failure:
Author: iCFO Staff
Financial Risk Analysis: An In-Depth Look
One out of four businesses fail after their first year. The number of failed businesses grows to 50% by the end of their fourth year in operation. About 5% of these businesses fail because of inadequate cash flow or sales. Many business owners know this is the way the corporate world works but don’t take […]
Author: iCFO Staff
4 Things Successful Main Street Businesses Have in Common
There’s no magic formula to running a successful business. While an equation would be helpful, the most business owners can do is learn from fellow entrepreneurs.
Author: iCFO Staff
3 Common Causes of Small Business Failure
We’ve all heard the terrifying statistics surrounding small business ownership. But putting aside the numbers surrounding how many businesses don’t make it,
Author: iCFO Staff
5 Steps to Take Before Starting Your Own Business
Owning and operating your own business is no small feat. While the United States economy thrives on small business, there is a lot of risk involved.
Author: iCFO Staff
How Financial Analytics Software Can Bring Life to Your Small Business
Life as a small business owner can be complicated. There are so many things to keep track of: the budget, checkbook, salaries, taxes, etc.
Author: iCFO Staff
Three Secrets to Small Business Growth
The longevity and success of America’s small businesses is crucial to our economy and economic vitality. Employing 120 million Americans across the country, small businesses create two out of every three new jobs.
Author: iCFO Staff
Increase Your Value Using Financial Analysis Software
As a professional advisor, multi-tasking runs through your veins. You’re a marketer, a financial advisor, and a confidant for your clients. You’re also business savvy.
Author: iCFO Staff