When it comes down to it, hitting your targets for each project is the key to a successful mobile app development business.

If you’re like most mobile app businesses you present a proposal to your client, negotiate the work and terms, and begin. Between this point and delivery of the actual product a lot of hard work, problem solving, and project management go into the final product.

Harvest is a great cloud…

However, there is one step you need to consider before jumping right in and processing your daily transactions. Your chart of accounts.

What is a chart of accounts?

In simple terms the chart of accounts is a list of accounts that make up the general ledger for your company. It generally consists of Assets, Liabilities, Equity, Revenue and Expenses. It’s how you categorize your accounting transactions.

For example, when you pay your rent this creates a rent expense…

Client expectations. Competitors. You don’t need more confusion in your life. You need simple and effective tools that work. That’s why I am excited to share a simple cash flow tool you can use to hack your business.

Here is one tool that I consider to be a game changer for your business: A Cash Flow Forecast.

If you know how your business takes in and uses cash you can be proactive about managing it.

Plus, the process of creating the cash flow forecast is one of the…

BRYAN KERNAN

Controller, Writer, CPA, Global Citizen

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