Depending on whether your organization is on a calendar or fiscal year, you may have just gone through a year-end close, or you’re looking forward to one (using the phrase “looking forward to” very loosely.) Do you find the year-end closing process to be an arduous ordeal or a series of sure, predictable events? What if I told you could make year-end closings faster and easier?
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Steady cash flow is the lifeblood of any small business. With it, you have flexibility to make important purchases, hire additional employees and acquire new assets. Without it, you may be in jeopardy of losing your best people and perhaps customers.
So here are 11 quick tips to help you improve your cash flow:
Most American manufacturers are embracing lean manufacturing philosophies to one degree or another. Some organizations do it to improve operationally while others are forced into it by their customers. From improved on-time deliveries to reduced costs, implementing lean practices can yield tremendous results.
While many associate lean with the shop floor and systems like Kanban with just-in-time deliveries to the line, lean should impact every part of an organization, including accounting.
Zinner & Co. Partner Howard Kass and Senior Tax Manager Brett Neate recently attended TIAG’s 24th international conference in Edinburgh, Scotland. The conference, which took place on May 4-6, 2015, provided TIAG® members with the opportunity to strengthen the relationships they create within the alliance of more than 115 accounting firms from around the world. Also in attendance at the conference were members of TIAG’s affiliate alliances, TAGLaw® and TAG-SP™. All three alliances are collectively known as the TAG Alliances™.