Denver

Best Denver CPA Firms

Starting a business is an exciting time! While you are focused on providing an excellent product or service, it is important to have a skilled partner maintaining your financial plan to help you grow. Enlisting the help of an experienced business advisor will alleviate the stress of juggling too many responsibilities, making strategic decisions, and Read more about Best Denver CPA Firms[…]

The CARES Act

How to Account for CARES Act Money – PPP and EID, Loans, Grants, Advances

There continues to be a lot of conflicting information regarding the different programs associated with the CARES Act.  We will continue to update this post as we find out more however this money is coming in or has already come in and needs to be accounted for immediately so we wanted to share some of Read more about How to Account for CARES Act Money – PPP and EID, Loans, Grants, Advances[…]

Cash Flow Forecasting

How to Create a 13 Week Cash Forecast

In this video I explain how to create a 13 week Cash Flow Template, Customer Forecast and AR Forecast.  I also share lots of good excel and QBO tips along the way 🙂 If you need help or have questions, Finance Pals would love to give you some free tips and advice over a 30 Read more about How to Create a 13 Week Cash Forecast[…]

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Finance for Startups – Proforma, Bookkeeping and Funding

In this Regis Innovation Challenge video on Finance for Startups, we will discuss:  How Much Money you Need, What you Need to do to Prepare for Taxes Next Year and will also look at How you are Going to Fund your Business. To answer those questions we look at proformas, bookkeeping and funding options. If Read more about Finance for Startups – Proforma, Bookkeeping and Funding[…]

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Are you Making Customers Happy?

I recently saw two incidents where a restaurant and a coffee shop lost potential customers.  More importantly they missed a chance to make a customer happy which could have resulted in gaining a loyal customer and word of mouth referrals.  In both cases the customer requests were not anything unreasonable and could have been a Read more about Are you Making Customers Happy?[…]

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StandingOut Podcast with Katrina Padron and Paul Heffner

This is a podcast I did with Katrina Padron who I know from 10.10.10.  Katrina is the CEO of NorthStar HQ and the Co-Founder and CEO of Meet Jointly. We discuss: The beginning of Finance Pals The pros and cons of being an entrepreneur Why people outsource their bookkeeping and should you? The startup community Read more about StandingOut Podcast with Katrina Padron and Paul Heffner[…]

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Crime Scene Finance – Blue Bloods Style

The world of finance is a lot like a crime show.  In both, you need to understand what happened in the past and for certain crimes you also need to understand and predict what will happen in the future so that you can catch the criminal. When a crime is committed,  “responding officers” are the Read more about Crime Scene Finance – Blue Bloods Style[…]

Denver Startup Week and Advice for new Entrepreneurs

Finance Pals started unofficially at Denver Startup Week 2015, when I met my first client and offered to do some bookkeeping and financial modeling in exchange for some web marketing help.  It is now 2 years later and I had the opportunity to present at DSW 2017 thanks to Trica Meyer! Here are the 3 Read more about Denver Startup Week and Advice for new Entrepreneurs[…]

Freelancers will make up half the workforce by 2020 – Here is why you should start hiring them now!

A recent study by the Freelancers Union, shows that 53 million Americans are freelancers, which is 34 percent of the total workforce. This number is expected to skyrocket to 50 percent by 2020. Workers are demanding more than just not wanting to work for 1 company their entire life.  The workforce is shifting to the ultimate flexibility of Read more about Freelancers will make up half the workforce by 2020 – Here is why you should start hiring them now![…]