Business Planning | Rea CPA
May 27, 2024
Article

Building Your Budget: Moving Forward & Putting It All Together

Welcome to the second installment of our Comprehensive Budget Series. Previously we explored the why, when, and how of budgeting. In this article, we’ll focus on the practical steps involved in building a budget that aligns with your goals and supports your organization’s financial health. We’ll discuss strategies for allocating resources, making informed decisions, and addressing challenges that may arise during the budgeting process. No matter what type and size business you’re managing, the principles and techniques covered here will help you create a budget that sets you on a path to success.
Author
Apr 17, 2024
Article

Understanding Net Asset Classifications: A Key to Financial Clarity

Not-for-profits play a vital role in addressing community needs, relying primarily on donor generosity. Effective financial management hinges on accurately tracking asset restrictions, which are critical for decision-making. This article outlines net asset classifications, highlights best practices for their management, identifies common challenges, and suggests resources for future guidance. 
Author
Feb 19, 2024
Article

The Future of QuickBooks: Getting Ahead of the Change

As of July 31, 2024, new subscribers can choose between QuickBooks Online (QBO) and QuickBooks Enterprise. Existing subscribers will still be able to renew their QuickBooks Desktop Pro and Premier subscriptions, but these options are no longer available to new subscribers. The biggest impact will be for new businesses or QuickBooks Desktop users without an active subscription. For several years, Intuit has poured its resources into enhancing QuickBooks Online, to make it more robust and user-friendly while adding new features.
Jun 26, 2023
Article

No Small Decision: ERP Systems – from Selection to Implementation 

Every manufacturing company aims to stay ahead of the game in terms of managing resources effectively.
Author
Mar 14, 2023
Article

When a Plan Comes Together: Business Succession Strategies

While your business may not look exactly as it did before, it may be the right time to rekindle those tabled discussions about the long-term future of your business.
Author
Jan 27, 2023
Article

5 Steps to Business Financial Success in 2023 

It is not too late to set your business finances up for success in 2023.
Author
Feb 21, 2023
Blog

Healthy Headspace in the Workplace

Employers are in the driver’s seat when it comes to implementing mental wellness strategies in the workplace and offering a preventative approach to employees’ mental health.
 
May 24, 2024
Events

Legacy in Progress: The Essential Guide to Exit Planning

Are you a business owner looking to secure the future of your company? Don’t miss out on this invaluable opportunity to gain insights into the intricate world of exit planning. At this event hosted by Rea & Associates, you’ll hear from industry specialists who will guide you through the exit planning process, covering crucial aspects … Continued