Outsourced CFO for SMEs
Maintaining financial health is essential for SMEs, but it becomes increasingly complex as the business grows. Many SME owners juggle operations, marketing, HR, and finances without deep financial expertise, and…
Business Succession Planning for a Smooth M&A
Business Succession Planning for a Smooth M&A M&A is a pivotal strategy for business succession planning. However, their success is far from guaranteed. Research indicates that 70% to 90% of…
Why is SME Cloud-Based Accounting the Future?
Why is SME Cloud-Based Accounting the Future? Businesses increasingly turn to cloud-based accounting to stay competitive today. This shift is not merely a trend but a strategic move towards enhanced…
SME Accounting Red Flags: How to Spot Fraud
Financial fraud poses a significant threat to businesses, including tiny enterprises that may lack robust internal controls. A study by Florida Atlantic University revealed that 42% of frauds in small…
Role of Accountants in M&A Deals
Research from HBS indicates that between 70% and 90% of M&A deals fail to meet expectations. This high failure rate underscores the complexities of M&A processes and highlights the critical…
Common Scams Targeting SMEs (And How to Avoid Them)
Small businesses form the backbone of our economy, yet they are increasingly vulnerable to fraudulent schemes. In 2024, consumers reported losing over $12.5 billion, marking the highest-ever loss reported to…
How to Handle Accounting for Subscription-Based Businesses
Subscription models are revolutionizing how companies generate revenue. Accurate and transparent accounting is crucial whether you’re a SaaS provider or a brick‐and‐mortar business transitioning to recurring revenue. According to the…