What is Zero-Based Budgeting and How Can I Use It?
‘Costs do not exist to be calculated. Costs exist to be reduced’ – Taiichi Ohno. This quote is highly relatable to any small business owner. Cutting costs…
RCN CPAs & Business Advisors Learning Center
Explore a wide range of educational articles and guides designed to help individuals and businesses make informed financial decisions with confidence.
Four Benefits of Hiring a Business Consultant
What is your role as a small business owner? At the start of your business, you most likely would wear multiple hats. You are Head of Sales,…
Three Financial Modeling Mistakes You Should Avoid
Are you using MS Excel to track and manage your finances? You probably begun the management of your business finances using MS Excel spreadsheets to determine income,…
How to Prepare a Financial Budget
Can you account for every dollar and cent in your business? Astute business owners typically answer yes to this question – and they mean it too. On…
3 Must-Read Books for Entrepreneurs and Business Owners
The first quarter of the year is over, and I hope you are well settled into 2022. Now is the time to refocus on your big goals.…
Why it matters for small businesses to pay taxes.
Positivity and taxes are two words you do not expect to find in the same sentence. Well, taxes can be positive for your small business. Your small…
How much should I pay myself as a business owner?
Did you know that you should pay yourself first as a small business owner? For many small business owners, answering yes to the above question seems counterintuitive.…
How to Create Financial Projections for your Business
“Failing to plan is planning to fail.” ~ Benjamin Franklin Any small business owner understands the importance of financial projections to guide their business strategy. How can…
Importance of Revenue Diversification
“If I lose this client, am in trouble! “ It feels amazing to get your first major client, paying you more than all your other clients put…
3 Tax Reduction Strategies for Small Businesses
Did you know that the U.S. tax code is around 70,000 pages long? No wonder, as a small business owner understanding your tax obligations can be overwhelming.…
