A Lesson from the Ski Resort Industry Any Business Can Apply

A Lesson from the Ski Resort Industry Any Business Can Apply

We all have periods of time when business feels slow and we’re not feeling great about the prospects for growth even in the busiest and best-run businesses. Imagine though if you ran a business where the entire business itself was facing the possibility of dying off. Maybe not this year, maybe not next, but it…

Marc Cuban Said What?

Marc Cuban Said What?

There are tons of people out on social media giving business advice. Some of it is good advice, but most of it isn’t good. In this new series watch CapForge’s owner react to different advice videos. He’s an expert in all things business and has 20+ years of experience under his belt. Some of the…

Get Profitable with This Strategic Restaurant Bookkeeping Guide

Get Profitable with This Strategic Restaurant Bookkeeping Guide

There’s more to running a restaurant than just serving good food. To consistently grow your business, you have to make sure that your profit margins are on point. How do you achieve this? Through strategic restaurant bookkeeping. Whether you’re just starting a small neighborhood eatery or currently operating a fine dining establishment, it’s worth taking…

Real Estate Bookkeeping Guide for Beginner Agents

Real Estate Bookkeeping Guide for Beginner Agents

Financial management for real estate agents encompasses various strategies and practices to optimize profitability and achieve long-term success. One of them is strategic real estate bookkeeping, a process of recording transactions and analyzing financial data to provide insights that aid in the wise management of resources. For real estate agents who often deal with complex…

Basic Bookkeeping Guide for Small Businesses

Basic Bookkeeping Guide for Small Businesses

Bookkeeping plays a vital role in small businesses, serving as the cornerstone for financial stability and informed decision-making. Understandably, small businesses have unique needs when it comes to managing their financial transactions, making it difficult for the average business owner to keep track of their income, expenses, and the like. It may seem daunting at…

Decoding the Roles of Accountants and Bookkeepers

Decoding the Roles of Accountants and Bookkeepers

Accountants and bookkeepers are considered by most to be the financial pillars of a successful business. They help business owners make sound financial decisions and facilitate better resource management. Without these two roles guiding your business, it’ll be difficult to monitor your financial performance, thus impacting your plans for strategic growth. However, many people confuse…

Learning the Process of Accurate Bookkeeping and Tax Preparation

Learning the Process of Accurate Bookkeeping and Tax Preparation

Accurate bookkeeping and tax preparation are essential for effective financial management as they provide businesses with reliable insights into their financial status. To achieve precision, businesses must perform meticulous recording of financial transactions, classification of expenses, and reconciliation of accounts.  Both these processes go hand-in-hand to paint a clear picture of your financial and tax…

Bookkeeping for Construction Companies: The Ultimate Guide

Bookkeeping for Construction Companies: The Ultimate Guide

Bookkeeping is an essential part of running a construction company. It helps track expenses, manage cash flow, and make informed financial decisions. However, bookkeeping for construction companies can be complex and challenging. It requires an understanding of unique accounting principles and regulations specific to the industry. To ensure that a construction company’s finances are in…