We asked 10,000+ accountants, bookkeepers and CPAs for their #1 tips for navigating a high-interest rate environment. Then, we selected the 23 best responses and distilled all the expert advice so you can get the most out of it as we head into 2023.
In 2022, we saw the US Federal Reserve raise interest rates seven consecutive times, to its highest level in 15 years. These hikes mean that costs will rise and demand could fall. So how can you prepare your small business? We've compiled the best advice in the ebook.
Download the free ebook to learn:
The #1 piece of advice given by accountants, advisors and CPAs
The system you need to finally get real visibility into cash flow
The right strategies for dealing with different types of debt
The smart way to structure your contracts and manage accounts receivable
The most important skills to level up to help you navigate 2023
Insights from 23 expert contributors
This guide was made possible thanks to input and insights from multiple experts, advisors and business owners. Out of everyone that contributed, we shortlisted the 23 best insights:
Ken Portnoy — Fractional CFO, Thayer Partners
Gabrielle Kelly, CPA — Co-Founder, WEM
Wendy Rowe — Co-Founder, Perfect Balance Bookkeeping Solutions
Kristin Meador, CPA — Founder, Gradient Accounting
Hannah Holley — Founder, Focal Point Bookkeeping
Luke Templin — Founder, a2 advisers
Serena Shoup, CPA — Founder, Of Course Bookkeeping
Ron Saharyan — Co-Founder & Managing Director, Profit First Professionals
Tailor Hartman, CPA — Founder, Celerity Accounting
Seth David — Founder, Nerd Enterprises
Tyler Wilcox, CPA — CEO, Velu
Hunter Throckmorton, CPA — Principal, Throckmorton CPA
Mindy Morrison — Founder, Back Office People
Blake Oliver, CPA — Founder & CEO, Earmark CPE
Michael Eckstein, EA — Owner, Resting Business Face
Elizabeth Ortiz — President, KEM Business Solutions
Jelena Arkula — President, Books LA
Jason Farley — Owner, Liberty Ledgers
Alita M. Hall — Founder, AMH Bookkeeping
Louise Pooley — Owner, Pooley Accounting Services
Matt Cianciarulo, CPA — Managing Partner, U-Nique Accounting
Lanesha Mohip, MBA, MHRM — Founder, Polished Business Solutions
Sonny Peak, CPA — Owner, Sonny Peak CPA
Thank you to everyone who lent their expertise. More on each of the contributors can be found inside the ebook.