by Nathan Hayes | Jul 20, 2024 | Financial Operations, Risk Management & Financial Security
Bills happen. It would be nice to have fewer bills, but they’re an ongoing reality, and they need to be. Historically, paying bills meant mailing a check back with the statement you received in the mail. For many owners, writing checks to pay bills gives them a...
by Nathan Hayes | Jan 27, 2024 | Budgeting, Cash Flow & Cash Management, Financial Operations, Practice Management, Risk Management & Financial Security
At Books & Benchmarks, as we categorize and reconcile our clients’ bank and credit card accounts each month, we are constantly learning what works best for our clients. One area that will consistently cause more work for you, your bookkeeper, and your CPA is...
by Nathan Hayes | Dec 16, 2023 | Financial Operations, Risk Management & Financial Security
Last week, we talked about how having clean and clear financial statements can simplify the practice valuation process. When determining valuation using the Benefit Stream x Multiplier formula, it’s easy to see how financials affect a buyer’s ability to forecast their...
