Understanding the Value of Break-Even Analysis for Your Business

Every small business owner knows the critical importance of making sure that revenues are higher than expenses – i.e. that a business is profitable. It’s a fundamental tenet of business that a private company must be able to do two things at once: First, it must be able to maintain effective cash flow. And second, […]

What Your Physician Practice Needs to Know about HIPAA and NPP Requirements

Managing a medical practice today is an exercise in the art of juggling. Serving patients is a full-time job. Managing employees is a full-time job. Dealing with insurance companies is a full-time job. In the midst of all of that, there is one more job that needs regular, committed attention: protecting patient privacy. Beginning in […]

Cash vs. Accrual Accounting: Which is Best for Your Business?

For most small business owners, making sure customers pay you on time and that your bills and taxes are covered, pretty much sums up your top-of-mind concerns when it comes to day-to-day accounting. And yet, there’s a very important question that underlies your entire accounting process…one that impacts all of these issues from the start. […]