is cash flow profit
What is cash flow?

Cash flow is often misunderstood yet is critical to the success of any business. Cash flow issues are one of the most significant challenges small business owners face. 4 out of 5 businesses are likely to fail due to poor cash management. What is cash flow?   Understanding your small business’s cash flow is one

Happy Halloween!

It’s a ghostly holiday. Do you hear things that go bump in the late evening hours when you are working at your desk? Does the sound of the wind chill you to your bones when you are paying bills? Is the rattling of your days cash on hand making you fear what’s on your desk

It’s Fall.

We love the fall season here at Expex. We are based in New York and the fall foliage lights up the sky when the sun hits a red and yellow tree lined street. Many companies revel in that happy moment for just so long and then the realization that the third quarter will soon be

What does an accountant do?     

I am in the marketing department here at expex. Marketing seems so easy and straightforward and when someone asks what I do for expex, it is an easy answer. So, years ago when I told my brother-in-law that I could never be an accountant like he was, he asked, “Do you know what an accountant

Summertime is coming.  Where are you working?

Summertime is just around the corner for us in New York and already present in many areas of the U.S. Kids are out of school, boats are in the water and summer cottages and camps are airing out.  Where do you want to be on a long weekend? Not. In. The. Office. But there are

They Say Cash is King

True?  We think so. Cash allows a business to run and supports growth with its ability to hire new employees, purchase goods and services more competitively, and pay bills within terms to save a percentage or two. If this is indeed true, then why is cash on hand so elusive and evasive to the small

What is the financial health status of your busine...

Many businesses operate partially in the ‘financial dark’. They obtain new clients, pay their bills, collect receivables and assume the business is healthy.  Once a year, they meet with their accountant and review their financial statements and performance and often times find they are not as healthy as they thought. How can you manage your

It’s all about the cash flow….

Many small businesses struggle with managing cash flow. The U.S. Small Business Administration (SBA) posted a great article on their website, “Managing Small Business Cash Flow – Answers to 10 Commonly Asked Questions”. The author, Caron Beesley, addressed many of the questions plaguing small businesses. Cash flow is the lifeblood of a business and critical

Fall in Love with Finance Series-Make it Simple.

“I don’t get it”, “I hated it in school”, “It’s too complicated”. These are statements I’ve heard from SMB owners, and they’re right! Accounting and finance can be complicated and difficult to understand. But what if it were simple? What if you got exactly the information you needed in an easy to understand format?  If

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