Avoiding QuickBooks Pitfalls: Common Mistakes and How to Fix Them When Intuit launched QuickBooks in 1998, it gave small business owners user-friendly software to manage their business operations. QuickBooks was built with non-accountant users in mind so it’s relatively easy to figure out how to create invoices, pay bills and run reports. But simply having…
Reflecting on Five Years in Business: Key Lessons from Juna Operating any business for five years is certainly a milestone. And for the team here at Juna, reaching the five-year mark wouldn’t have been possible without the talents of our team and, especially, the trust of our valued clients. Along the way, we’ve developed strategies…
Revamping Expense Management: How Our Client Saved $1.2 Million Business owners are always looking for ways to be more efficient and cut costs. That’s especially true during the current crisis. Here is a story of how we helped one of our clients reduce their expenses in an unexpected way. The Background: Uncontrolled Spending at Unicorn…
Managing Cash Flow During Troubling Times First and foremost, we hope that you and your families are staying safe and are coping in these turbulent times. We are all doing everything we can to stay healthy – washing our hands, working remotely, practicing social distancing. We also need to think about what we can do…
Creating a Simple Cash Flow Forecast Gaining control of your cash is the most critical step a company can take to weather any storm. At all times, know how much cash you have, how much you will need, when you will need it, and where it will come from. We put together these simple steps…
Decoding Balance Sheets: Essential Rules for Entrepreneurs and Managers Decoding Balance Sheets: Essential Rules for Entrepreneurs and Managers Many small business owners never look at their balance sheet because it’s like a foreign language to them. They just leave it up to their accountant. I don’t understand how my car works so I leave it…
Can you have too much cash on your balance sheet? I once read that it is just as harmful to get too much sleep as it is to be sleep-deprived. It doesn’t seem possible. It’s the same with having too much cash. Cash flow is a topic that causes anxiety and sleepless nights for most…
5 Tips for Monitoring Cash The number one reason why small businesses fail is that they run out of cash. Business owners are often so caught up in the day-to-day that they don’t realize they have cash flow issues until it’s too late. Here are some simple tips that will help you optimize your cash…