by Megan Nesbitt | Apr 6, 2023 | Accounting and Bookkeeping, Business Planning, Management Consulting
Are you a small or medium business owner in Bermuda? Do you feel like there are never enough hours in the day to get everything done? Well, we have some good news for you: by implementing an accounting checklist, you can save yourself time, money, and headaches down...
by Megan Nesbitt | Apr 4, 2023 | Accounting and Bookkeeping, Business Planning, Management Consulting
If you’re a small business or start up and you’ve yet to master the art of cash flow projection, then you’re not alone. Many small and medium enterprises (SMEs) struggle with planning and managing cash flow. But what does projecting cash flow truly mean? And why does...
by Megan Nesbitt | Mar 12, 2023 | Accounting and Bookkeeping, Business Planning
In our recent blog posts, we dove into the various types of audits, first focusing on external audits, then providing tips on conducting your own self-assessment. Now, we’ll walk through how to prepare for a government audit. Getting ready for a government audit with...
by Megan Nesbitt | Mar 10, 2023 | Accounting and Bookkeeping, Business Planning
In our previous blog post, we dove into the various types of audits, first focusing on external audits. Today, we’ll turn the spotlight to internal assessments and give you some helpful tips on conducting these worthwhile exercises. An internal assessment is review of...
by Megan Nesbitt | Mar 8, 2023 | Accounting and Bookkeeping, Business Planning
Audits can be stressful and time consuming, and it can be tempting to kick the can down the road. But, like many things in life, the more you ignore an audit, the bigger and scarier it becomes. The key to a successful audit is preparation. By working out a system in...
by Megan Nesbitt | Dec 21, 2022 | Accounting and Bookkeeping, Management Consulting, Payroll and Benefits
Why does your business need outsourced accounting and bookkeeping services? For small and medium-sized businesses and start-ups, particularly, this may seem like an unnecessary additional expense. What does an outsourced service offer, that you don’t get from an...