Accrual…what? If you didn’t have the pleasure of attending business or accounting school, it’s understandable that some of the accounting jargon can leave you feeling confused. But accrual accounting isn’t a small definition at the back of an accounting textbook. Choosing accrual accounting can be the foundation for how you set up your entire bookkeeping […]
There’s a lot riding on your financial team, but how do you know if you have the right roles in place to maximize your success? Are you asking your bookkeeper to drive your financial strategy? Is your CFO wasting time on data entry? Can’t I just hire an accountant and be done with it? And […]
Do you ever dread talking with your accounting team? Do you finish conversations with your accountant feeling more confused than confident? Do your finances feel more like a mystery than a roadmap? I hate to break it to you…but your accounting team might suck. We get it—“sucks” might sound harsh. We’re accountants too, and we’ve […]
You love your business. But sometimes the accounting side of things can feel like a never-ending game of Whac-A-Mole. And some days, you’re not the one doing the whacking, you’re the mole getting hit over the head. Ouch. We feel your pain. Or, we used to. And that’s why we love our work here at […]
It’s always good to approach your business with curiosity. What’s driving you? How’s your team doing? What could be going better? But sometimes we don’t ask the right questions about our finances, because it can feel a bit intimidating. Who knows what we’ll uncover? There’s no need to be worried. Knowledge is power, and we’re […]
Ever feel like you’re running your business on crossed fingers and gut instinct alone? Do you feel like you’re flying blind? Wish you had a clearer picture of where you’re headed? We get you. That’s where many of our clients are when they first approach us. Don’t worry. Get ready to ditch the guesswork and […]
Got a vision for business growth that’s bigger than your wallet? It might be time to make friends with the bank. Or, at least, become much better acquainted! Today, we’re breaking down key tips for getting your business funded with a bank loan. Put on your dress shirt, shine your shoes, and let’s build a […]
Built a business you’re proud of? Now the real challenge begins. It’s no secret that businesses fail. In fact, the majority fail within the first 10 years. A thrilling entrepreneurial dream can turn into a nightmare if not managed well. But it’s not inevitable. Let’s equip ourselves with insights to prevent this from becoming your […]
You’ve got a good feeling about a new idea, but is it the right investment? Where can you tighten the belt without sacrificing quality? Sales are steady, but you know your business can do more. These types of scenarios keep many entrepreneurs up at night, but the answers are within your grasp. Your financial data […]
Your business is ready to grow. The team thinks you’re just one marketing campaign away from surpassing your goals this year. But can you do it? How much can you realistically invest in this campaign without jeopardizing other areas of your business? At New Economy, we use financial data to make nearly every decision. It’s […]
We run on EOS. EOS is the Entrepreneurs Operating System. It is a simple yet impactful operating system to run your business on. It has helped up to 3x the business in a sustainable way. If you want to learn more about EOS click here. We recently attended the EOS conference in sunny San Diego. […]
We are focused on building a long-term business. Heck, we are at the 11-year mark so we are learning and applying what we learn. Without a doubt, at the foundation of that is people. And the people need vision, clarity, values, and a mission to get behind. Prompts to get everyone aligned and moving in […]
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