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Managing High Levels of Business Debt
Managing High Levels of Business Debt 1024 536 Rock Creek Consulting Group

An important responsibility of leaders is figuring out how to fund business operations and growth plans.  In the best case, a business will generate enough cash for operations, growth and…

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Using KPIs to Drive Management Decisions
Using KPIs to Drive Management Decisions 1024 536 Rock Creek Consulting Group

Key Performance Indicators (KPI‘s) are important management tools and we encourage business leaders to use KPI’s in their businesses. What is a KPI? A KPI is a quantifiable measurement or…

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Onboarding Remote Employees
10 Tips on Onboarding Remote Employees
10 Tips on Onboarding Remote Employees 1024 536 Rock Creek Consulting Group

We’re seeing more businesses engage REMOTE employees and subcontractors as they try to attract the best talent, regardless of location. Remote employment presents challenges, including ONBOARDING, which means helping employees…

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Crisis Management for Leaders
Crisis Management – An Overview for Leaders
Crisis Management – An Overview for Leaders 1024 536 Rock Creek Consulting Group

As Accountants, we hope our clients never face a business crisis… but we also know that business is unpredictable and factors beyond our control can leave a business in dire…

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Reengineering your Business: For Profit and Sustainability
Reengineering your Business: For Profit and Sustainability 1024 536 Rock Creek Consulting Group

Sometimes business leaders need to fundamentally change how things are done to grow profit or just to survive. This is termed ‘Business Reengineering’. What is Business Reengineering? Business Reengineering usually…

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Bad Debt: What Is It… and How to Avoid It
Bad Debt: What Is It… and How to Avoid It 1024 536 Rock Creek Consulting Group

Let’s start with a definition of Bad Debt. Bad Debt is an amount of money a creditor must write off after a debtor defaults. In other words, it’s the amount…

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Automating your Business: 11 Focus Areas
Automating your Business: 11 Focus Areas 1024 536 Rock Creek Consulting Group

  As Accountants we like to see highly efficient businesses… because that leads to more profit, a higher valuation, and – usually – happier owners, managers, and employees! Automation is one…

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Delegation for Business Performance
Successful Delegation to Drive Business Performance
Successful Delegation to Drive Business Performance 1024 536 Rock Creek Consulting Group

As Accountants, we like to see our Clients operating at high levels of efficiency and generating healthy profits. Many businesses invest a significant amount in human resources, including compensation, recruiting,…

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Accounting Creates Business Value
5 Ways an Accounting Function Should Create Business Value
5 Ways an Accounting Function Should Create Business Value 1024 536 Rock Creek Consulting Group

Business leaders rely on the accounting function for a variety of purposes. One of these is compliance, but leaders should have much higher expectations of their accounting function. Let’s look…

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Man Shaking Hands with Accountant
9 Best Practices in Hiring and Working with Subcontractors
9 Best Practices in Hiring and Working with Subcontractors 1024 536 Rock Creek Consulting Group

The employment environment is constantly changing… as workers consider their options and businesses look for flexible, cost-effective solutions. Let’s look at some ADVANTAGES of working with independent contractors (or subcontractors). Independent…

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Business Growth Is Good! But How To Finance It?!
Business Growth Is Good! But How To Finance It?! 1024 536 Rock Creek Consulting Group

In business, there is such a thing as a “good problem”. In this article, we thought we’d focus on the good problems of needing financing. One example is a business…

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7 Ways to Navigate the Changing Employment Landscape
7 Ways to Navigate the Changing Employment Landscape 1024 536 Rock Creek Consulting Group

COVID-19 has significantly impacted employment, though the effect isn’t yet fully understood. Undoubtedly, there will be positive outcomes, like employees leaving unrewarding jobs to pursue new challenges. Likewise, some businesses…

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Pricing Strategy to Drive Growth and Profit
Pricing Strategy to Drive Growth and Profit 1024 536 Rock Creek Consulting Group

In some ways, from a financial perspective, managing a business isn’t so difficult. You grow revenue by attracting more customers or selling more to existing customers. You also try to…

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Managing Costs in Accounting
Managing Costs – Best Practices in Expense Reporting
Managing Costs – Best Practices in Expense Reporting 1024 536 Rock Creek Consulting Group

It’s good business practice to manage expenses carefully. Even a successful, cash-rich business should be meticulous about how they’re spending money. (Often that is how they become cash-rich and successful…

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Business Plans - Consultant's Advice
2022 Business Plans – How Can Data Guide Your Planning
2022 Business Plans – How Can Data Guide Your Planning 1024 678 Rock Creek Consulting Group

Business leaders recognize the value of using data to influence decision-making. This has become easier due to cloud-based accounting solutions, better analytical tools, benchmarking, and other methods. But one crucial…

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Managing Your Business in an Inflationary Environment
Managing Your Business in an Inflationary Environment 800 600 Rock Creek Consulting Group

Many businesses are facing increased costs. This isn’t necessarily a new business challenge, but the COVID-19 pandemic and other worldwide factors are driving significant and unpredictable “price spikes”. Let’s look…

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Remote Work: The Impact and What Leaders Can Do
Remote Work: The Impact and What Leaders Can Do 1000 400 Rock Creek Consulting Group

There’s a lot of talk about the impact of ‘remote work.’ Recent studies claim that workers are leaving jobs at much higher rates than normal. Some say that one-quarter of…

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Overview Brochure
Overview Brochure 791 1024 Rock Creek Consulting Group

Rock Creek Consulting Group is a full-service accounting firm dedicated to giving you the freedom to focus on your business and peace of mind in your individual financial matters. View…

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6 Ways Leaders Inspire Change (in Challenging Times)
6 Ways Leaders Inspire Change (in Challenging Times) 800 600 Rock Creek Consulting Group

Humans are adaptable. That’s how we’ve survived for a long time! No surprises, then, that people have quickly responded to COVID-imposed changes, like complying with lockdowns, wearing masks, or working…

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5 Essential Steps to Stronger Cash Flow Management
5 Essential Steps to Stronger Cash Flow Management 800 600 Rock Creek Consulting Group

Watching businesses deal with current business conditions reveals that some businesses are struggling for survival while others are going gangbusters. Companies at both extremes share one priority: carefully manage your cash. Here are recommendations…

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Lessons in Leadership: How the Tough Get Going
Lessons in Leadership: How the Tough Get Going 800 600 Rock Creek Consulting Group

It’s not easy to lead an organization; it’s downright hard.  Nowadays, it can be incredibly challenging, but many leaders have stepped up admirably and are running thriving enterprises. There’s no…

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Brainstorm session
Brainstorming: Harvesting Brilliant Ideas for Your Business
Brainstorming: Harvesting Brilliant Ideas for Your Business 1000 400 Rock Creek Consulting Group

Great businesses and projects start with an initial idea. BRAINSTORMING is the process of developing ideas which can be implemented in successful businesses. Occasionally, brilliant ideas can ‘just happen’.  But…

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Getting the Most from Your Financial Statements
Getting the Most from Your Financial Statements 1000 400 Rock Creek Consulting Group

What Best Practices should you follow when conducting a Financial Review to ensure your decision-making is based on a thorough understanding of your business? This article provides pointers to help…

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Business owner
What Is Your Business Worth? (And Why It Matters)
What Is Your Business Worth? (And Why It Matters) 1000 400 Rock Creek Consulting Group

Building a business can be a long, challenging process. One way to assess how you are doing is to VALUE your business… and then try to grow that valuation. This…

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Managing Cash Flow Through Scenario Planning
Managing Cash Flow Through Scenario Planning 1000 400 Rock Creek Consulting Group

In an uncertain business environment, staying on top of future cash needs is challenging… but essential. Scenario planning is one way to reduce risk and overcome uncertainties.   What is…

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Using Human Resource Data to Support Business Decisions
Using Human Resource Data to Support Business Decisions 1000 400 Rock Creek Consulting Group

Employees play a critical role in the success or failure of a company. Not surprisingly, management tries to create a positive environment for the team. Some leaders say they can…

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People Sales Transaction
When is the Right Time to Sell Your Business?
When is the Right Time to Sell Your Business? 1000 400 Rock Creek Consulting Group

When is the right time to sell your business? We hear replies ranging from “I don’t plan to sell my business” to “I’d sell it yesterday if I could!” One…

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Sales Tax – The next tax reform
Sales Tax – The next tax reform 1024 683 Rock Creek Consulting Group

You know how you can buy something online and not pay sales tax? Well, that may become a thing of the past because on Friday, the Supreme court announced that it…

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How your small business can afford a Chief Financial Officer (CFO)
How your small business can afford a Chief Financial Officer (CFO) 1024 683 Rock Creek Consulting Group

As a small business owner, you may never have thought of hiring a Chief Financial Officer (CFO). You may have a Bookkeeper and/or a CPA who files your taxes, but when is…

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Why you should hire a QuickBooks Certified ProAdvisor
Why you should hire a QuickBooks Certified ProAdvisor 1024 508 Rock Creek Consulting Group

You may be wondering “what the heck is a QuickBooks Certified ProAdvisor?”  Sounds like someone who may know a thing or two about QuickBooks right?  Well, turns out that’s exactly…

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When are meals 100% deductible?
When are meals 100% deductible? 1024 683 Rock Creek Consulting Group

When are meals 100% deductible?   In general, you can deduct half of the cost of meals incurred for business purposes. However, did you know that you might be able…

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Moving this summer? Tips to help you deduct the expenses.
Moving this summer? Tips to help you deduct the expenses. 275 183 Rock Creek Consulting Group

Summer is here! When I think of summer my head fills with visions of backyard barbecues, swimming, long hot days, and of course… moving. By far, summertime is the busiest…

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How to link multiple credit cards in QuickBooks Online
How to link multiple credit cards in QuickBooks Online 1024 640 Rock Creek Consulting Group

How do you link multiple credit cards in QuickBooks Online? One of the neat features with QuickBooks is that you can link your bank account or credit cards so that…

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