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Alleviating Cash Flow Management Pains for Long Island Businesses

Alleviating Cash Flow Management Pains for Long Island Businesses

by Louis Necroto | Uncategorized

[1] Because we’re talking cash flow management today… with a recession looming on the horizon and the effects of inflation being felt so hard in everyday life, it’s difficult not to freak out over what lies ahead for your Long Island small...
Why Should Long Island Businesses Care About FASB and GAAP?

Why Should Long Island Businesses Care About FASB and GAAP?

by Louis Necroto | Uncategorized

 Yes, inflation isn’t slowing down, even here in Long Island.Though it’s not the main thing I’ll be writing about today, I did want to point out this economic elephant in the room for my Nassau County business owner readers and clients, and...
An Accounting Methods Rundown for Long Island Businesses

An Accounting Methods Rundown for Long Island Businesses

by Louis Necroto | Uncategorized

Before I get into accounting methods basics today (a subject near to my heart) … I hope you were able to get in on some Memorial Day activities this past weekend (though I know some Long Island business owners are in the thick of things during this commemorative...
Making the Most of Your Long Island Business’s P/L Statement

Making the Most of Your Long Island Business’s P/L Statement

by Louis Necroto | Uncategorized

In the arena of not-so-good news, along with so many other things these days, it looks like IRS interest rates have gone up for Quarter 3. Inflationary insults to injury for Long Island business owners.These days are getting tougher. Hang in there.Now … the one...
Louis A. Necroto, CPA PLLC’s Guide to the Profit and Loss Statement

Louis A. Necroto, CPA PLLC’s Guide to the Profit and Loss Statement

by Louis Necroto | Uncategorized

As a small business owner, you’re often preoccupied with all the things that go into running your Long Island business – the daily logistics, managing employee workflow, paying the bills, bringing in more customers… making a profit. Let’s focus on that last one,...
Three Financial Statements Long Island SMBs Need To Get Right

Three Financial Statements Long Island SMBs Need To Get Right

by Louis Necroto | Uncategorized

If you’re a successful Long Island business owner in this high-pressure time, you’ve learned to master the art of the pivot. Pivot on pricing, pivot on operations, pivot on hiring, pivot on supply, pivot on financials… Successfully pulling it off is...
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Louis A. Necroto, CPA PLLC

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