How to Become a Reseller in Illinois

There are any number of variances in reseller store setups, products sold and reasons why you may want to become a reseller. Maybe you want to supplement existing services you offer with related products. Perhaps you have an “in” on a good source or manufacturer for new merchandise that you are confident will sell well. Whatever your reason, our latest Cloud Services Group blog provides a bit of advice on what you need to know if you wish to become a reseller in Illinois.

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The Best 3 Ways to Reduce Inventory Costs

With all warning signs pointing to recession, many companies are looking at ways to reduce costs. For those in the consumer products or ecommerce sector they might specifically be searching for ways to reduce inventory costs: 1). Leverage your data to optimize your inventory management, 2). Forecast your true demand and, 3). Bundle dead stock to sell.

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How to Map Metrics to Your Mission (Including 6 Tips and 2 Examples)

When you’re strategic planning, do you map back metrics to your mission? If you’ve read any of our budgeting articles you’re familiar with my recommendation to set targets or benchmarks for your team. Creating this culture of growth sets your business up to scale.

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How to cut business expenses as you grow.

Now is a better time than ever to get your business spending under control. Unlike most accountants, we like to focus on growing your business but certain times call for cost-cutting measures. Better yet, if you can cut your monthly business expenses as you’re growing then you’re creating a great capacity to scale.

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4 Tips to Create an Expense Policy

Still don’t have a written expense policy? Don't worry, you're not alone. Many businesses and startups overlook this item at the beginning. Initially, it may seem unnecessary because there are not a lot of travel and expenses incurred and, if there are, they are mostly incurred by a select few people.

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Financial Performance: Telling a story to find investors

It is not easy communicating financial performance for investors. Inc. recently published an article titled, "Seven Horrifying Mistakes Founders Make in Their Pitches," and that got me thinking about what the best approach is, specifically when communicating financial performance to investors. This article provides a few considerations business founders should take into account in order to best convey their business' financial performance to investors.

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3 Signs It’s Time to Hire an Outsourced Bookkeeper

Once your business reaches a certain size, it’s probably time to consider some. Having accurate and reliable financials is the best way to make informed decisions for your business. While some entrepreneurs may try to manage their own books at the start to save money, bookkeeping can quickly fall behind when the business starts to scale or focus gets pulled away by other growing priorities.

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