Covenant violation letter from your bank? Don't go quiet. Find out which covenant and by how much, close your latest numbers, and call before they call you. https://t.co/s0jaM5wWQN
Raise prices 5% and you could lose 1 customer in 7 and make the same money. Say you sell at $100 with $70 of cost: 86 customers at $105 earn what 100 did at $100. https://t.co/s0jaM5wWQN
One dash in an invoice number, and the same bill gets paid twice. Sort your bills by amount, then by vendor, and look for twins. https://t.co/s0jaM5wWQN
Your CPA is still waiting on your books. S-corp and partnership returns are due March 15, 2027, and your CPA needs clean books weeks before that. Behind? Start catching up now. General info, not tax advice. https://t.co/s0jaM5wWQN
"He actually explains what the numbers mean instead of just sending files, and for the first time tax season didn't stress me out." Michael Thompson, Korven client. Reading the numbers is our job. Deciding is yours. https://t.co/s0jaM5wWQN
Months behind on your books? Maybe years? Catch-up bookkeeping at Korven: every month rebuilt and reconciled to the bank, for one fixed price agreed in writing before any work starts. https://t.co/s0jaM5wWQN
"We'd love to buy your company." Before you reply: NDA first, know your real EBITDA, and ask how much is cash at closing. On one deal we reviewed, management said $800,000. The books showed $679,819. https://t.co/s0jaM5wWQN
A $1,000,000 year. The P&L says $100,000 of profit. Then loan principal, your pay and tax take the last ten chips. Count the table: zero. Profit isn't cash flow. https://t.co/s0jaM5wWQN
Fake vendors don't wear masks. They wear invoices. The ten-minute check: run your vendor addresses against your employee addresses. https://t.co/s0jaM5wWQN
Your books, by month. Jan: New year, new system. Feb: We'll catch up in March. Jul, Aug, Oct: Later. Dec: Find the shoebox.
A month-end close on a fixed calendar ends the cycle. https://t.co/s0jaM5wWQN
Your bookkeeper just gave two weeks' notice. Don't start with the work. Start with the keys: admin on QuickBooks, payroll and the bank feeds, in your name, today. https://t.co/s0jaM5wWQN
A price before a diagnosis is a guess. So every Korven finance review starts with a senior specialist reading your books, with the biggest problems in writing. You see the problem before we talk price. https://t.co/s0jaM5wWQN
It's the 20th. Do you know what you made last month? Our month-end close: every account reconciled to the bank by day 7, statements by day 13, the month closed by day 15. https://t.co/s0jaM5wWQN
Two-word horror stories for business owners: Insufficient funds. Payroll failed. Final notice. Covenant violation.
Most send a warning first, if a finance team is looking at the numbers. https://t.co/s0jaM5wWQN
Your P&L says you made $80K. Your bank says $312. Both are right: loan principal, owner's draws and inventory take cash without touching profit. https://t.co/s0jaM5wWQN
"Buy a truck to save on tax." Say a $60K truck fully qualifies at 24%: about $14,400 back, $45,600 still out. Need the truck? Ask your CPA. If not, keep the $45,600. https://t.co/s0jaM5wWQN
A lender has six questions, and each one has a document. We keep all six current every month, so when the bank calls about a business loan, it's just a folder. https://t.co/s0jaM5wWQN
In the ACFE's 2026 fraud report, refusal to take vacations was among the red flags with the highest median losses: $250,000. Most people are honest, and good controls protect them too. https://t.co/s0jaM5wWQN
Forecast_FINAL_v7_USE THIS ONE (2).xlsx. 41 tabs. Last edited 14 months ago. Do not sort column F.
A cash flow forecast nobody updates isn't a forecast. It's history. https://t.co/s0jaM5wWQN
A bookkeeper, a payroll company, a tax preparer and a consultant, and nobody owns the number. The Korven Finance Office is one senior team that runs all of it, from the monthly close to the 13-week cash forecast. https://t.co/s0jaM5wWQN