What are your most important tips for a CEO on how he/she should run their business financially using an accounting method?
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BE SURE that either she or someone she hires includes ALL transactions when tracking income and expenses. That means EVERYTHING.....lines of credit, credit cards, debit cards, checks written, and charge cards. Details are VERY important.
The next piece of importance may be changes in tax laws, determining short term and long term goals, and tracking any advertising vs increase/decrease in sales due to a promotion.