Posted on April 13, 2022 by John Lanahan
Difference Between a Budget and Cash Forecasting | How to Build a Bottom-Up Budget | How to Use KPIs in Cash Forecasting When small business owners hear the words “budget” and “cash forecast,” they often assume the two are the same thing. The reality is that your business should have both a budget and a […]
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Posted on February 21, 2022 by John Lanahan
What Are KPIs? | Product-Market Fit | Team-Market Fit | Product-Team Fit | KPI Glossary Your company needs accurate data and well-defined company drivers to make critical strategic decisions. Key performance indicators (KPIs) give you the data you need to make informed decisions, resulting in faster growth and more predictable results. Think of your KPIs […]
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Posted on February 21, 2022 by John Lanahan
What Is a Chart of Accounts (COA)? | How to Structure Your COA | Segmenting Your Financial Reports | Revenue Recognition During the first four chapters of our Playbook, we focused on building the finance and accounting infrastructure necessary to create scalability within your organization. We focused on how things are done traditionally and issues […]
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Posted on February 10, 2022 by John Lanahan
In the article, “Five venture capital trends for start-ups to follow in 2022” the #3 trend certainly resonates with Compass East as we provide scalable finance and accounting services for VC/PE backed B2B SaaS and Healthcare companies! The term “Fractional CFO” certainly sticks out. In our experience, there is a lot of confusion in the […]
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