President Donald Trump has signed into law the most extensive overhaul of the US tax code in nearly 30 years and it’s arguably the most significant legislation of Trump’s presidency. But for small and medium businesses (SMBs), across various industry verticals such as Automotive, Healthcare, Manufacturing, Not for Profit, Restaurant, Technology and Retail, the pertinent question is, how can they leverage this tax reform to their advantage?
Rosemont, IL – Quatrro Business Support Services, a market leader in providing cloud based business support services across diverse industries, is poised to create a new accounting standard for the Franchise Industry across the United States by conceptualizing and successfully implementing its “Asset Free Accounting Model” for a range of clients across existing and emerging industry verticals. Buoyed by the success in Restaurant, Retail, Automotive and Not-For-Profit (NFP) industry verticals, Quatrro aims to capture a significant share of the market and has already started enhancing penetration in several emerging verticals such as Hospitality and Healthcare.
Which are the most important numbers to know to monitor the health of your business? How important is it really to create financial statements every single month?
Most of our SMB clients started their business because they are passionate about what they do, but usually they do not have any sort of professional training on how to manage financial side of their business before they start their business. As a result, while they know how to keep their clients happy and satisfied, they feel helpless about how to make sure their business is financially profitable to allow them to remain in business.
Continue reading Financial Reports: Important Numbers to Grow Your Business