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Revenue growth should be a key focus for business owners, but increasing sales alone does not always translate to higher profitability. A strong pricing strategy, combined with a clear understanding of revenue quality and margin dynamics, is essential for sustainable financial success. As a CFO, my role is to help businesses analyze their revenue streams, […]
For business owners, deciphering the differences between the cash flow statement and the income statement can be both enlightening and perplexing. These financial reports offer unique insights into your business, but they measure success and stability differently. This blog will explore these variances, drill down into specific examples, and address nuances for both cash-basis and […]
As a small business owner, I know firsthand the challenges you face. You’re juggling multiple roles—managing operations, driving sales, handling marketing, and trying to keep up with your accounting. It’s overwhelming, and sometimes the financial side of things can feel like a maze. That’s why I started New Path Accounting. With years of experience providing […]
