FiBrick

Tip of the Week: Always separate your business and personal finances to have a clear view of your business cash flow. 📊



Share your tips for managing cash flow below!

Looking for help when it comes to your businesses cash flow? Contact us today!

Unlocking Financial Success: Key Health Indicators for Your Business

Understanding and monitoring the right financial health indicators is crucial for the growth and sustainability of your business. Swipe through to learn about essential metrics like Revenue Growth Rate, Net Profit Margin, Current Ratio, Debt-to-Equity Ratio, and Operating Cash Flow. These indicators will help you make informed decisions, optimize performance, and drive success. Stay financially savvy and ensure your business is on the path to prosperity!

Want to dive deeper into these financial metrics? Contact us today for a personalized consultation and take your business to the next level!

💡 Optimizing Cash Flow: Essential Strategies for Business Success

Is cash flow giving you headaches? Discover tried-and-true methods to keep your finances flowing smoothly and boost your business growth! Our latest blog post dives into:

✅ Spot-on cash flow forecasting
✅ Speeding up those receivables
✅ Smart management of payables
✅ Streamlining inventory levels
✅ Trimming unnecessary expenses
✅ Unlocking financing options

Ready to take charge of your business finances? Check out the link in bio for full blog!

Understanding your cash flow is crucial for the financial health of your business. Join us this week as we share essential tips and strategies for effective cash flow management. Stay tuned!

Comment below with your biggest cash flow challenges!

Building FiBrick has always been about more than just numbers. It's about creating opportunities for young accounting professionals and helping every small business owner grow and scale. Together, we can achieve great things.

🌟 Let's connect and see how we can help your business thrive!

🚀 At FiBrick, we believe that transforming numbers into stories of growth and success is key to thriving in today’s business landscape. Our focus on strategic financial planning, tax optimization, and robust bookkeeping and CFO services helps businesses unlock their full potential. 🌟

If you're looking to elevate your business and embrace new opportunities, let's connect. Schedule a consultation and let’s explore how FiBrick can support your journey to excellence.

📅 Link in Bio: Book Your Consultation Now!

🚨 Eye-Opening Statistic: 82% of small businesses fail due to cash flow problems! 🚨

Is your business prepared to navigate cash flow challenges? Understanding and managing cash flow can be the key to your business's success.

In our latest video, I dive into actionable strategies to improve your cash flow management. Let’s get ahead of the curve together! Schedule a consultation with me today to secure your business’s financial health.



🔗 Link in Bio: Schedule Your Consultation Now

Next week, I'll be joining a panel at GustoNext 2024 to discuss how compliance needs are reshaping the role of accounting firms and impacting small business owners. 📊 We’ll delve into how accounting leaders like myself are adapting our service offerings and positioning ourselves as trusted advisors to strengthen our relationships with businesses in need.

🤝 I’m excited to meet more of the fantastic Gusto team, reconnect with members, and share the stage with some truly amazing panelists. 🌟 Stay tuned for insights and updates! 📢

At FiBrick, our clients are at the heart of everything we do. We believe in building strong, lasting relationships founded on trust, expertise, and a commitment to excellence. Every project we undertake is driven by a deep understanding of our clients' unique needs and goals.

We take pride in offering tailored accounting and financial solutions that not only address immediate challenges but also pave the way for sustained growth and success. Our dedicated team works tirelessly to ensure that every client receives personalized attention, expert advice, and the highest level of professionalism.

Thank you to all our clients for entrusting us with your business. We look forward to continuing to support your journey and achieve great things together.

🌟 Just a quick reminder! 🌟

Don't miss my upcoming tax prep webinar with the Tory Burch Foundation next week on Wednesday, July 10th from 1PM to 2 PM. It's packed with tips and strategies to make tax season stress-free. We'll also leave plenty of time for Q&A, so bring your questions!

🔗 Register in Bio

See you there! 💪📊

🚀 Quick Tip on Reading Financial Statements 📊

Understanding financial statements is key to making informed business decisions. Here’s a quick guide to get you started:

1️⃣ Income Statement: Shows the company’s profitability over a specific period.
Revenue: Total income from sales or services
Expenses: Costs incurred to generate revenue
Net Income: Revenue minus expenses, indicating profit or loss

2️⃣ Balance Sheet: Provides a snapshot of the company’s financial position at a specific point in time.
Assets: What the company owns (e.g., cash, inventory, property)
Liabilities: What the company owes (e.g., loans, accounts payable)
Equity: Owner’s interest in the company (Assets - Liabilities)

3️⃣ Cash Flow Statement: Shows the inflows and outflows of cash over a period.
Operating Activities: Cash from core business operations
Investing Activities: Cash from buying/selling assets
Financing Activities: Cash from borrowing or repaying loans, issuing stock

By focusing on these key areas, you can gain a clearer picture of your company’s financial health and make better strategic decisions.

Stay tuned for our upcoming blog post where we'll dive deeper into each of these statements and share more tips on financial analysis! 📚✨

Hey everyone! 🌟 My exclusive tax prep webinar with the Tory Burch Foundation is just around the corner! 📚✨

Don't miss this opportunity to gain valuable insights and strategies to make tax season a breeze.

📅 Date: Wednesday, July 10th
🕒 Time: 1:00pm
🔗 Haven't registered yet? There's still time! Sign up now: Link in Bio

Looking forward to seeing you there! Let's take control of our finances together. 💪📊

Ever wonder why accurate financial reporting is like having a superpower for your business?

🌟 Check out these awesome benefits:

📊Enhanced Decision-Making: Make decisions like a boss with reliable data!

💸Improved Cash Flow Management: Keep that cash flowing smoothly.

📈Increased Investor Confidence: Impress investors with crystal-clear numbers.

✅Regulatory Compliance: Stay on the right side of the law with ease.

🛡️Better Risk Management: Spot and dodge those risks like a pro.

⏱️Operational Efficiency: Find efficiency hacks and save time.

🎯Strategic Planning: Plan your next big move with confidence.

Accurate financial reporting isn’t just for the number crunchers – it’s your ticket to business success and growth!

Let's chat about how you can leverage these benefits for your business. Drop a comment or message me to dive deeper! 🚀

🔍 Unlock the Hidden Potential of Your Business! 🔍

Is your business experiencing rapid growth, complex financial decisions, or cash flow challenges? Recognizing when it's time to bring in a Fractional CFO can make all the difference. 💡

In our latest blog post, we explore the Top 5 Signs Your Business Needs a Fractional CFO and how expert financial guidance can help you navigate these critical phases seamlessly. From optimizing cash flow to planning for future expansion, our insights are tailored to support your business’s unique growth trajectory. 📈

Don't miss out on these valuable insights! Click the link to read more and discover how a Fractional CFO can empower your business to achieve long-term success.

👉 Link in Bio

🚀 Does Your Growing Business Need a Fractional CFO? 🚀

Growing businesses often face complex financial challenges. Check off the signs below that apply to your business to see if you could benefit from the expertise of a fractional CFO:

✅ Rapid Expansion & Growth
🔺 Key Indicators: Significant customers/revenue surge, opening new locations, hiring many new employees

✅ Facing Complex Financial Decisions
⚖️ Key Indicators: Evaluating investments, managing cash flow, new partnerships/mergers

✅ Struggling with Cash Flow Management
💵 Key Indicators: Difficulty meeting payroll, managing seasonal revenue, using personal funds for expenses

✅ Lack of In-House Financial Expertise
❓ Key Indicators: Uncertainty interpreting financial statements, lack of financial strategy, tracking financial performance

✅ Approaching Major Business/Life Transitions
🛤️ Key Indicators: Selling the business, retirement planning, unexpected personal challenges

Scoring:

🌱0-1 Checked: Keep an eye out for signs in the future.

🌿 2-3 Checked: Consider exploring fractional CFO options.

🌳 4-5 Checked: Highly advisable to bring on a fractional CFO.

💡 If you checked several boxes, it's time to talk to a fractional CFO expert to ensure your finances are optimized for maximum growth. Schedule a consultation with FiBrick today and let us help you navigate your financial journey!

Stay tuned for our upcoming blog post for more insights! 📅

Exciting News! 🎉

I'm thrilled to announce that I'll be speaking at the 19th Annual Women in Business Summit (WIB Summit)! 🌟 Join me and an incredible lineup of speakers as we dive into empowering discussions, innovative strategies, and inspiring stories.

📅 Date: September 13th
📍 Location: MGM Springfield
🎯 Theme: Breaking Barriers

Whether you're an entrepreneur, business leader, or just starting your journey, this summit is the perfect opportunity to connect, learn, and grow. Don't miss out!

Register now: Link in Bio and let's make this summit unforgettable!

📅 Registration closes: September 6th

🌟 NYSSCPA Member Appreciation Week! 🌟

Join Ramona on Monday, June 17th at 11 AM for an exclusive member appreciation event designed to enhance your networking and public speaking skills. This virtual session will equip you with essential techniques to speak with impact and connect with purpose. Whether you're looking to refine your presentation skills or expand your professional network, this session offers valuable insights and practical tips tailored for NYSSCPA members.

📅 Date: Monday, June 17th
⏰ Time: 11 AM

As a business professional and networking enthusiast, Ramona has had the pleasure of helping professionals elevate their communication skills. Her engaging and interactive approach ensures that participants leave with actionable strategies to implement immediately.

Why You Should Attend:
💠 Enhance Your Public Speaking Skills: Learn techniques to present confidently and persuasively.
💠 Master Networking: Discover how to make meaningful connections that can advance your career.
💠 Exclusive Access: Benefit from a session tailored specifically for NYSSCPA members.
💠 Interactive Experience: Engage with me and fellow members in a dynamic virtual environment.

🔗Link in Bio.

We look forward to seeing you there and helping you speak with impact and connect with purpose!

Governor Hochul Announces "Small Business Summer Series"

📅 Starting June 17th - Join us for the "Small Business Summer Series" and MWBE Regional Opportunities Expo!

📍 Nine New York Communities - Learn about licensing, regulations, taxes, grants, and more from state agencies.

🌟 Support for MWBEs - Special expos in Syracuse and NYC to help Minority- and Women-Owned Businesses connect with key resources.

💼 Governor Hochul's Commitment - Helping small businesses thrive across New York.

👉 Register Now: Link in Bio.

📊 Boost Your Profitability with Data Analytics! 📈
Using data analytics can significantly improve your business operations and financial health. Here are three simple ways to get started:

1️⃣ Customer Insights:
Track website visitors and their behavior.
Use CRM tools to understand lead conversion.

2️⃣ Financial Forecasting:
Utilize bookkeeping, payroll, and financial reporting tools.
Develop metrics and KPIs for informed decision-making.

3️⃣ Operational Efficiencies:
Analyze how long it takes to convert inventory into sales.
Optimize your inventory orders and supply chain.

Start leveraging data analytics today and watch your profitability soar! 🚀

📞 Ready to take your business to the next level? Contact us today to learn how we can help you harness the power of data analytics!

🎥 Stay tuned! Ramona will be talking about these strategies in a short video coming up soon!

There’s nothing like getting together in person—that’s why I can’t wait to join some of accounting’s best and brightest at Gusto Next. I’ll shed light on key insights—with strategies you can implement now, while setting your firm up for what’s coming next. It’s time to flip the switch.

🌟 Meet Joy, our incredible Accounting Lead on our team at FiBrick! 🌟

We asked Joy about her strategies for balancing work and life while working remotely, and she shared some valuable tips.

For staying active, Joy loves outdoor activities like running, yoga, and even a game of badminton with friends and family. She finds that these activities keep her moving and help her stay connected with loved ones.

To ensure she takes adequate breaks, Joy takes refreshing 10-minute walks during lunch, enjoying the fresh air and giving her mind a much-needed break.

Starting the day on a positive note is key for Joy. A good cup of coffee, reading a chapter of a book, or playing with her adorable nephews sets a cheerful tone for her workday.

For self-care after a challenging workday, Joy turns to running and yoga. These activities help her destress and recharge, and running has even become a fun way to bond with her cousins on weekends.

How do you balance work and play? Share your tips below!

Meet Laila - one of our dynamic staff accountants on our team at FiBrick, who has mastered the art of balancing remote work with her bustling family life. Laila has carved out her own productivity bubble with a dedicated work nook that helps her transition seamlessly into work mode. She cleverly uses alarms throughout her day not only to manage her tasks but also to ensure she spends quality time with her family, striking a perfect balance between work commitments and personal life.

Thanks to the stellar support from her husband in the background, Laila can focus without interruptions, maintaining a perfect harmony between family and work.

Laila relies on savvy financial management apps like Financial Cents to keep her organized and stress-free. At the end of a busy day, winding down involves family chats and meet-ups with her church group. This helps her reset and recharge, keeping her spirits high and ready for the next day.

With these clever routines and a dash of humor, Laila not only excels at her job but also masters a fulfilling work-life rhythm.

Meet Brianna - one of the talented tax accountants on our amazing team at FiBrick! During the busy tax filing season, Brianna really shines with her incredible strategies for balancing work and personal well-being.

Brianna's top tip? Having a dedicated home office space reserved just for work. When she wraps up for the day, she shuts down the computer and neatly puts away her work materials. This physical boundary helps her transition from "tax pro" to "home mode."

Even during peak tax times, Brianna is so wise about taking rejuvenating breaks. Whether it's getting up to refill her coffee, going for a walk with her pup, or stepping away after powering through a task - she prioritizes moving her body regularly to recharge.

Her morning routine is another secret to Brianna's success. She starts each day by reading something fun and relaxing to ease into her workday with a calm, positive mindset. And when job demands run high, she decompresses by cozying up with a good book - a mini-escape to disengage from work.

To maximize her productivity, Brianna utilizes awesome tools like a color-coded Excel task tracker to stay organized.

With her mindful routines and self-care strategies, Brianna is such an inspiration at FiBrick! We're so grateful to have her incredible talents and amazing example on our team. She truly embodies how to thrive - both professionally and personally - even during the most demanding tax seasons.

🌟 Navigating tough days can be challenging, but remember, you're not alone! Ramona Cedeno turns to her mantra during difficult times: 'I have been here before, I know there is a lesson or skill to be learned, and I know this will pass.' 🕊️💪 Let's remind ourselves that struggles are just stepping stones to growth.

How do you keep moving forward during hard times? Share your go-to strategies or mantras that help you persevere. Let’s inspire and uplift each other! 🙌

🔗Full Article in Bio

🌟 Celebrating Mental Health Awareness Month 🌟

This May, let's shine a light on champions like our very own CEO and Founder, Ramona, a prior recipient of the Health Heroes Award. Her exceptional work underscores the crucial role of financial advisory in maintaining mental health. Financial stresses can greatly affect our well-being, but Ramona's expert guidance provides invaluable support. Her leadership not only propels our financial success but also cultivates a supportive environment that prioritizes mental health. Let's honor her pivotal contributions, which enhance both our company and our well-being.

We are incredibly proud to share that our founder, Ramona Cedeno, has been featured in The Nasdaq Entrepreneurial Center’s Faces of Entrepreneurship series! 🌟 This recognition shines a light on her exceptional journey as an entrepreneur and her significant contributions to the business community.

Congratulations, Ramana! Your unwavering dedication and innovative spirit have not only propelled FiBrick forward but have also inspired countless other entrepreneurs. You embody the essence of leadership and commitment, continually pushing us towards excellence.

We are honored to have you at the helm, leading by example and making a profound impact in the world of entrepreneurship. Here's to continuing our journey of growth and success with your visionary guidance!

Faces of Entrepreneurship: Ramona Cedeño, FiBrick Ramona Cedeño is a highly accomplished CPA, CFP, and CGMA with over two decades of experience in accounting and finance. She is the founder and CEO of FiBrick, a prominent accounting and fractional CFO services firm in NYC. Known for her innovative strategies, she has a proven