Financial Insights — North Arrow Financial

Financial Insights

Practical guidance on accounting, cash flow, and financial strategy for growing small businesses

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10 posts

The Mid-Year Financial Checkup: 6 Questions Every Business Owner Should Answer in July
Financial Strategy

The Mid-Year Financial Checkup: 6 Questions Every Business Owner Should Answer in July

Halfway through the year is the best time to catch problems while there''s still time to fix them. Here are the 6 questions to ask your numbers this July.

5 min readDavid Biel, CPA, CMA, MBA
#financial checkup#cash flow#small business finance
The Complete Guide to Fractional CFO Services for Small Businesses
Financial Strategy

The Complete Guide to Fractional CFO Services for Small Businesses

A fractional CFO gives you senior financial leadership without the full-time cost. Here is everything you need to know — what they do, what they cost, and whether your business is ready.

8 min readDavid Biel, CPA, CMA, MBA
#fractional CFO#small business finance#financial strategy
CFO vs. Controller vs. Bookkeeper: What Does Your Business Actually Need?
Financial Strategy

CFO vs. Controller vs. Bookkeeper: What Does Your Business Actually Need?

Bookkeeper, controller, CFO — these titles get used interchangeably, but they describe very different roles. Understanding the difference helps you hire the right financial support at the right stage of your business.

6 min readDavid Biel, CPA, CMA, MBA
#fractional CFO#bookkeeping#small business finance
What Is Working Capital and Why Does It Matter for Small Businesses?
Cash Flow

What Is Working Capital and Why Does It Matter for Small Businesses?

Working capital is the fuel that keeps your business running day to day. Too little and you cannot meet payroll. Too much tied up in the wrong places and you are leaving money on the table. Here is how to manage it.

6 min readDavid Biel, CPA, CMA, MBA
#working capital#cash flow#small business finance
6 Bookkeeping Mistakes That Cost Small Businesses Money
Accounting

6 Bookkeeping Mistakes That Cost Small Businesses Money

Bad books are not just an accounting problem. They lead to bad decisions, missed deductions, failed loan applications, and tax surprises. Here are the six most common bookkeeping mistakes — and what to do about them.

5 min readDavid Biel, CPA, CMA, MBA
#bookkeeping#small business finance#accounting
Managing Cash Flow During a Crunch
Cash Flow

Managing Cash Flow During a Crunch

Cash crunches hit even profitable businesses. Here’s a practical framework for managing through one — and how to avoid the next one.

5 min readDavid Biel, CPA, CMA, MBA
#cash flow#small business finance#accounts payable
The 7 KPIs Every Small Business Owner Should Track Monthly
Financial Strategy

The 7 KPIs Every Small Business Owner Should Track Monthly

Most small business owners track revenue and maybe profit. But the businesses that grow consistently track a short list of leading indicators that tell you where you are headed, not just where you have been.

5 min readDavid Biel, CPA, CMA, MBA
#KPIs#financial reporting#small business finance
How to Prepare Your Books for an Acquisition
Financial Strategy

How to Prepare Your Books for an Acquisition

Whether you’re buying or being acquired, clean financials are non-negotiable. Here’s what buyers actually look for — and how to get your books ready before they ask.

5 min readDavid Biel, CPA, CMA, MBA
#acquisition#due diligence#data room
Tax Planning Strategies for Small Businesses
Tax Planning

Tax Planning Strategies for Small Businesses

Proactive tax planning can save your business thousands each year. Here are the strategies every small business owner should know before year-end.

5 min readDavid Biel, CPA, CMA, MBA
#tax planning#small business#cash flow