Did you know that a whopping 82% of businesses fail due to poor cash flow management? This statistic from SCORE underscores the importance of understanding and effectively managing your cash flow, regardless of your revenue. Here’s what we cover in this eye-opening episode: Understanding these elements is crucial for maintaining a healthy financial outlook […]

Welcome, I am Fiona Nguyen. I am a CPA and Founder of Balannx, a boutique financial accounting and consulting firm specializing in supporting impact-driven small businesses and conscious CEOs, and that is what I do for my day job. Over the last few years, while working with a lot of small businesses and freelancers, I […]

Running your e-commerce store can be quite challenging because you need to take care of many parts, from marketing, customer service, and delivery… And bookkeeping and accounting for E-commerce stores are essential because: In this post, we write more in-depth about how a chart of accounts will help you. Understanding The Chart Of Accounts In […]