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Charts and graphs | The Importance of Differentiation: Sales vs. Revenue

The Importance of Differentiation: Sales vs. Revenue

ArticlesBy Geneve HuxleyMarch 6, 2023

At Dunker Muffin Paper Company (see what I did there?), everyone is up in arms about the most recent first quarter accounting reports that were just released. The sales team is convinced that the accounting department has incompetent employees and the accounting team is playing defense, adamant that their processes and ways of record-keeping are…

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GAAP "House Rules" Part 2 – 4 More Tips For When and How To Follow

GAAP “House Rules” Part 2 – 4 More Tips For When and How To Follow

ArticlesBy Geneve HuxleyFebruary 6, 2023

As a 16-year-old who was old enough to drive and old enough to date, my parents instituted a curfew. I was to be back home before 11pm on Fridays and Saturdays.  The curfew was short lived, however, because after only two weekends of this new house rule, my parents realized they didn’t want to stay…

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GAAP "House Rules" – Tips For When and How To Follow

GAAP “House Rules” – Tips For When and How To Follow

ArticlesBy Geneve HuxleyJanuary 9, 2023

Brush your teeth! We all know that this is a principle to live by. And yet, everyone does it a bit differently. Fannie Mae brushes her teeth using the American Dental Association’s guideline: for 2 minutes, twice a day, with a soft bristle toothbrush. She uses an electric pink toothbrush. Sally Mae brushes her teeth…

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Top Financial Tips For Annual Business Growth

Top Financial Tips For Annual Business Growth

ArticlesBy Geneve HuxleyDecember 12, 2022

At the end of each year, it’s customary to pause and reflect on the past 12 months, both personally and professionally. As leaders and business owners, it’s also a critical time to remember all that you’ve learned about growing your business, and commit to healthy financial practices in the year to come.  It’s been an…

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From Mini-Golf To Golf-Pro: Expert Advice On Hiring A Bookkeeper, Controller, and CFO

From Mini-Golf To Golf-Pro: Expert Advice On Hiring A Bookkeeper, Controller, and CFO

ArticlesBy Geneve HuxleyNovember 7, 2022

Hole 7 of my local miniature golf course is nearly impossible to shoot under par. It’s a straight shot to a red, metal, raised cone that looks like a volcano that blew its top.  The hole is nestled at the top of the cone, waiting patiently for the mini-golfer to hit the perfect shot, sinking…

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Smoke detector with smoke

From Fire Drill to Fire Prevention: Setting Realistic Financial Goals

ArticlesBy Geneve HuxleyOctober 10, 2022

Spacely’s Space Sprockets Software company was the next up and coming startup in the business world. The owner had big financial goals and was putting all the company’s time, energy, and resources into hitting their sales goals by the end of the year. And it was working! Business was pouring in… that is, until a…

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Foggy road | Is Cash Basis Accounting Driving You Towards A Collision? Accrual Basis Can Save You.

Is Cash Basis Accounting Driving You Towards A Collision? Accrual Basis Can Save You.

ArticlesBy Geneve HuxleySeptember 12, 2022

You’re driving 70 miles per hour on the highway, heading west towards your vacation cottage in the mountains. The only thing standing between you and your well-earned 7 days of relaxation is 10 miles of an incredibly dense, pea-soup fog. You’re reluctant to slow down as you think about how nice it is going to…

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Picture of an anchor | Preventing Financial Crisis: Accounting and Cash Flow Tips for Loans

Preventing Financial Crisis: Accounting and Cash Flow Tips for Loans

ArticlesBy Geneve HuxleyAugust 8, 2022

Imagine your business is so financially strapped that in order to pay off your creditors, you have to take another loan, from another creditor. At this point, you are paying off interest while racking up more interest. A business can not stay afloat for long in this type of situation. Unfortunately, I’ve seen situations like…

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Eye Chart with glasses | Accurate Bookkeeping – How To Know If Your Bookkeeper Is Doing It Right

Accurate Bookkeeping – How To Know If Your Bookkeeper Is Doing It Right

ArticlesBy Geneve HuxleyJuly 11, 2022

Is your bookkeeper handling your business books correctly?  If you aren’t trained in accounting, don’t be too quick to say yes… Bookkeeping is often one of the first tasks to get outsourced to a contractor or bookkeeping firm, which is a great strategy for entrepreneurs that dislike the task. But YIKES – I get antsy…

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Is Your Next Hire A Leaping Unicorn?

Is Your Next Hire A Leaping Unicorn?

ArticlesBy Geneve HuxleyJune 6, 2022

Business is great. You are so busy that you’ve been burning the candle at both ends just to keep up with all of the new orders coming in. The best way to describe you at this moment is happy, but utterly exhausted.  You were already asleep before your head hit the pillow last night, and…

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Recent Posts
  • The Importance of Differentiation: Sales vs. Revenue
  • GAAP “House Rules” Part 2 – 4 More Tips For When and How To Follow
  • GAAP “House Rules” – Tips For When and How To Follow
  • Top Financial Tips For Annual Business Growth
  • From Mini-Golf To Golf-Pro: Expert Advice On Hiring A Bookkeeper, Controller, and CFO
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