Running a restaurant is a big deal. From menu planning to customer service to ensuring your employees are well paid and happy, living life in the restauranteur lane can be stressful. Add accounting and monthly sales figures into the mix, and you’ve got a recipe for a meltdown.
With the emergence of Robot Process Automation (RPA), a slew of questions arise. What is the role of RPA? Can RPA help my small business? Will RPA automate the accounting process to the point that accountants are no longer needed, and people lose their jobs?
Contrary to what you might think, going into business can be a relatively simple process. Yes, you may have to comply with local or state licensing or registration requirements, but “your business” can be as simple as going out and doing well.
Why Contribution Margin is an Important KPI What is a KPI? Key Performance Indicators, or KPI’s as they are known in the business world, are critical to a business’s success. Key Performance Indicators are a critical indicator of progress toward an end result or goal in business. These KPI’s illustrate a business’s strengths and areas...
One of the top killers of small businesses is anemic cash flow. If many or most of your sales are on credit, your P&L might look great, but if you aren’t collecting what you’re owed, you can soon find yourself unable to meet large critical disbursements like payroll, taxes, or supplier payments.
Inventory Mistakes That Can Cost Your Business As a business owner, inventory is one most important aspects of your company. Without enough stock, you could have unhappy customers and lose business. If you have too much, you could lose money in storing your excess capital. If there is one area that causes companies to succeed...
The IRS noted that it had received many comments on the regulations, most of which it addressed in issuing the rules. (The AICPA submitted a comment letter recommending various changes, described here.)
The financial services of Odoni Partners LLC have played a vital role over the course of decades. In fact, we consider them to be part of our company’s extended family. There is no CPA we would trust and recommend more than Odoni Partners LLC.
Our Loyal Client
Odoni Partners LLC is a tremendous asset in tax planning and business evaluation. Their integrity, team strengths and balanced approach, combined with their experience with the Tax and business formations, have made them a valuable consultant and resource in building our companies.
Our Loyal Client
I’ve worked with many advisors and consultants over the years and Odoni Partners LLC has stood out. Their loyalty while we built our business from nothing shows their ability to recognize potential, to have a vision for the future, and to serve as a guide during growth.