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Business Advisory, what is it?

Business Advisory, what is it?

Carson Shafer Tax & Accounting 13710 Struthers Road, #220 Colorado Springs, CO 80921 719-487-1200 You may ask yourself, what does the term ‘Business Advisory Services’ mean?  It’s a hot and sophisticated word used today by accountants, CPAs, consultants,...
Working On your business

Working On your business

Carson Shafer Tax & Accounting 13710 Struthers Road, #220 Colorado Springs, CO 80921 719-487-1200 As a business owner you may be asking yourself the question, or you have heard the question…“What is the difference between working IN your company and working ON...
Cash Flow verses Profits

Cash Flow verses Profits

Carson Shafer Tax & Accounting 13710 Struthers Road, #220 Colorado Springs, CO 80921 719-487-1200 Ask yourself the question, what is the difference between profit or net income, and cash flow? The difference is huge!  Accountants and CPA’s put together three...
Great time for Acquisitions

Great time for Acquisitions

As with any economic downturn, a great opportunity arises for well managed and well capitalized companies. Many poorly run businesses will shut down, see their valuations drop, or be forced to downsize and layoff a large portion of their employees. Good businesses can...
Cash flow woes

Cash flow woes

Cash flow. It’s the be-all end-all of any business. It’s what pays the bills. Over half of companies go out of business from a lack of cash flow—not a lack of profits. The key metric to gauge cash flow is whether your receivables are coming in quicker than your...