Remove Cash Flow Remove Compliance Remove Revenue
article thumbnail

The Top 13 Metrics that CEOs Should Measure for Strategic Success

LSA Global

While financial metrics vary across industries and strategies, here are four key areas for CEOs to consider: Revenue Growth Revenue growth is a fundamental indicator of overall company health. Cash Flow Cash flow management is crucial for meeting day-to-day operational needs and setting the company up to invest in growth.

Metrics 66
article thumbnail

Payroll Form Savvy for Compliance and More

Zenefits

In any given year, the Internal Revenue Service alone may assess billions in civil penalties for individuals’ and organizations’ failure to comply with federal tax filing, reporting, and payment obligations.ยน Using certain payroll forms is required for legal and HR compliance. Why are payroll forms important?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Should I Hire a Business Consultant for My Small Business?

Zenefits

Risk, compliance, and security. Or need to improve cash flow processes in your accounting department? An experienced consultant will take a look at your business operation with fresh eyes and be able to give honest feedback and a strategic plan to boost revenue. Financial services. Human resources. Information technology.

article thumbnail

Claiming an Employee Retention Credit in 2022

Zenefits

This also applies to employees that receive a Work Opportunity Tax Credit under section 51 of the Internal Revenue Code. Collect 2019 and 2020 sales and revenue. Calculating employee wages, benefits, and other vital information isnโ€™t just important for claiming the RTC, but for a snapshot of cash flow.

article thumbnail

Payroll Tax vs. Income Tax: Understanding the Similarities and Differences

Zenefits

Payroll form W-4 is an Internal Revenue Service (IRS) document that new employees fill out to determine federal tax withholding. It’s important that employers understand the details surrounding both payroll and income taxes for tax compliance purposes. What is a W-4 form?

article thumbnail

The Best Accounting Platforms for a Growing Business

Zenefits

As your small business continues to scale, cash flow transparency and accounting efficiency become harder to maintain. The objective for most businesses is to grow revenue, but with your success, you may need to adjust your accounting tool and expense tracking process periodically. Poor cash flow visibility.

article thumbnail

A CEO Guide To Smarter Cost-Cutting

Chief Executive

And Liberty Mutual is among those companies that have been slashing costs significantly by shifting to a cloud environment amid extreme revenue pressures in the insurance industry. By 2024, the company is aiming for a one-quarter reduction in annual IT expenses while it enjoys a much more flexible and resilient computing scheme.