Outsourced CFO Services
Do you own a business that is sorely in need of a good CFO but you simply can’t afford one? This occurrence is fairly common. We know that the cost of having to pay a full-time CFO can be burdensome for any small to medium-sized business. At DeepSky, our outsourced Chief Financial Officers (CFOs) have […]
Why You Don’t Need to Know Profitability by Customer
Some prospects came to us and wanted to know their profitability by clients or by projects. To do that, we’ll need to tie off every expense to the right client or the right project. And, given enough time and effort, we certainly can do that. The more important question is — Is it worth doing […]
Outsourced Accounting in Los Angeles (LA)
As a business owner or manager, your first question may very well be “What exactly is outsourced accounting?” The answer to that very common question is quite simple. Outsourced accounting services, as well as outsourced bookkeeping services, give you all of the financial expertise that you need but without the high expense of having to […]
Accounting Firms in Orange County CA
Businesses in Orange County abound and they range from motion picture production companies to insurance companies, major aircraft manufacturers, and more. Big players like Disney, Boeing, and Wal-Mart call the OC home from Alisa Viejo to Westminster. They all have something in common. They’re all big money makers and, as such, undoubtedly know the value […]
Accounting for Service Based Companies
It’s a well-known fact that many entrepreneurs these days know the value of a good idea, creative marketing, and just plain hard work. On the other hand, they often overlook the value of effective accounting practices for their service-based companies. This can be a major mistake. We Can Help With Your Service Company Accounting From […]
Bookkeeping versus Accounting; What is the difference?
Bookkeeping versus accounting; Are you consistently confusing bookkeeping and accounting? The two inevitable roles in your financial system and share some similarity. But what are the differences between these two roles? With so many accounting/bookkeeping solutions out there, how do I know which one do I need to move the company forward? Check out this video […]
How to do Financial Forecasting for Service and Small Businesses
The issue of the most financial forecasting is too detailed. A financial forecasting shouldn’t be an exercise where you try to guess what are you going to spend in the next six month. Check out this video and see how to do a better forecasting that tie to your goal. Topic: The Better Way to […]
How To Achieve Profitability in your Service Business?
Steve Jobs said, “Deciding what not to do is as important as deciding what to do.” We’ve been doing 2017 review with our clients. We find that successful people share one thing in common — Simplicity. Curious about how simplicity affects your business and leads you to profitability? Let’s jump right in! Topic: How Simplicity […]
Should I Decrease My Prices to Help with Collection?
Our CEO, W. Michael Hsu came across this advice on a popular accounting software site the other day. It’s probably one of the worst financial advice he’s ever seen. See what the advice is and why you absolutely don’t want to follow it. Topic: The Worst Financial Advice on The Internet Opening Michael found out […]
How Successful Outsourced CFOs Can Help Entrepreneurs and Agencies
Most CFOs/accountants glorify their work but fail to actually help entrepreneurs. Have you ever struggled to understand the numbers that your CFOs/accountants give you? Don’t feel bad! Check out this video to see where they have failed you as the profession and what changes you can make in 2018. Topic – Where Most Outsourced CFOs Fail […]
