A good accountant is a creative ally, the person you turn to and say, “I want to go HERE. Not sure how to get there. Lots of obstacles stand in my way. Any ideas?” And they reply, “challenge accepted.”

In many cases, this will mean finding an accountant who provides advisory services, in addition to traditional bookkeeping.

Accounting processes safeguard your business’ assets, as well as your employees. They give you peace of mind, and a clear path forward. And once you have clarity about your financial position, you can focus on the fun part: using it to develop creative strategies to meet your goals!

Using strategic accounting practices will not only improve the profitability of your dental practice but also position it for sustainable growth and success.

Your fractional partner should have a plan for providing updates about your finances in a way that you can understand, use, and get excited about.

For us, this comes in the form of the weekly report–also known at Breakaway as “The Game Board” because it features pieces we can move around as necessary to reach your goal.

More and more SMBs are making the switch to fractional accounting solutions because they often offer more support, flexibility, and peace of mind than in-house departments. If you’re interested in making the leap from in-house to fractional accounting support, follow these steps to set yourself up for success.

Small business owners need expert financial advice, but an in-house solution might not always be best. Learn 8 ways hiring a fractional CFO or bookkeeper can alleviate stress and boost your bottom line.

The income statement is a treasure trove of financial insights. With ratios derived from it, one unlocks critical metrics that reveal a company’s profitability, efficiency, and overall financial strength. There’s just so much to delve into, so much to analyze and so much actionable information to uncover.

Most freelancers agree that the hours accumulated become more manageable when you love what you do.

Though balance sheets are not as “sexy” as, say, income statements, learn why they have a special place in our hearts and how they capture a company’s potential.

Breakaway is proud to announce we have earned the Certified Age Friendly designation, awarded by the Age Friendly Institute for our commitment to providing an exceptional place to work for our advisors aged 50 and above.