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Sageworks Blog

Dec06

Dry cleaners’ margins improving despite tariff rulings on hangers

Privately held dry cleaners and launderers, which have expected anti-dumping tariffs to raise hanger costs, either aren’t seeing a major impact yet, or owners are finding ways to offset them, based on a preliminary analysis of data by Sageworks Inc. [More]

Apr11

Avoid cash flow catastrophes: Part III - Frequency

As with many things in finance, how often you perform or update your cash flow forecast depends on the business and your circumstances, according to Lauren Prosser, manager of advisory services at Sageworks. [More]

Apr04

Taking the pulse: Private nursing care centers

Privately owned nursing care facilities posted lower sales growth than other parts of the health care industry in 2011 and than private companies as a whole, according to Sageworks' analysis of financial statements. [More]

Mar23

Three ways to grow your accounting practice

Most accountants this time of year are swamped meeting tax-filing deadlines, but once business slows down, do you know how to rev things up? Gale Crosley, founder and principal of Atlanta-based consultant Crosley+Company, offers these tips for growing your practice. [More]

Mar21

Five reasons to improve your cash flow forecasting

At its most basic level, cash flow forecasting helps a business survive. But there are other, often related, reasons to improve your cash flow forecasts, according to accounting and financial experts. Here are five important ones. [More]

Feb23

CFO Corner: Dealing with a revenue drop; monthly financial reviews

Craig Handley, CEO and CFO of Spanish-language communications center Listen Up Español, discusses dealing with a short-term drop in revenue and the importance of monthly financial review meetings. [More]

Feb22

Do I need business interruption insurance? A two-step decision

Most large, multinational corporations know that disasters like those in 2011 could cause significant disruptions to their supply chains and production, so they often hedge their risk with business interruption insurance coverage. [More]

Feb08

CFO Corner: Challenging cash-flow forecasts

Paula Griffo, CFO of VoIP Supply, an Amherst, N.Y., provider of VoIP solutions, discusses reducing operating expenses and the challenge of developing accurate cash-flow forecasts. [More]

Feb01

CFO Corner: Tempering assumptions for receivables

John Kogan, president, CEO and CFO of online community Proformative, discusses raising capital and having realistic assumptions about your receivables collection.
[More]

Jan25

Companies’ sights on controlling costs

Private companies in the U.S. have kept a tight rein on overhead expenses, even as sales have risen, an analysis of companies' financial statements by Sageworks shows. [More]