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Hello. In this place, you will find the latest news and press releases about Tentho. You will also find out about our participation and/or hosting of any local, national or virtual events, and have the opportunity to grab your first seat. 

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Accounting

5 Tips to Help Your E-commerce Business Prepare for the Holiday Shopping Season

Every year, businesses in the e-commerce world, face heightened sales during the final months of the year. With holiday-related gift-giving in full swing, this is a great time for many businesses to earn a large bulk of their revenue. Part of having a successful Q4 is planning ahead to utilize end-of-the-year accounting strategies and tactics that can help your company to have a prosperous holiday season. This post will highlight five best practices e-commerce companies can utilize to make the influx of holiday consumer purchases easier to navigate from an accounting perspective. 

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Accounting

5 Ways to Use AI to Enhance Your AP Processing to Help with Nonprofit Accounting

While it may sound like the backdrop for a science fiction novel, machines are getting better at helping businesses manage their accounting needs. In today’s technological landscape, there are a plethora of apps that integrate with popular accounting software to help expedite difficult processes that can get bottlenecked by humans. Based on the versatility of

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Accounting

5 Tips to Help Your E-commerce Business Prepare for the Holiday Shopping Season

Every year, businesses in the e-commerce world, face heightened sales during the final months of the year. With holiday-related gift-giving in full swing, this is a great time for many businesses to earn a large bulk of their revenue. Part of having a successful Q4 is planning ahead to utilize end-of-the-year accounting strategies and tactics that can help your company to have a prosperous holiday season. This post will highlight five best practices e-commerce companies can utilize to make the influx of holiday consumer purchases easier to navigate from an accounting perspective. 

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Leadership Knowledge

Amazon Fees: What eCommerce Business Owners Need to Know.

As an eCommerce business owner, it is important to be well-informed about the different fees Amazon charges. One of the most common misconceptions about Amazon is that it’s free to sell on the platform. However, there are a number of seller fees associated with Amazon

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Hurricane Recovery: A How-To Guide for Small Business Owners
Leadership Knowledge

Hurricane Recovery: A How-To Guide for Small Business Owners

If you’re a small business owner in the state of Florida who has been impacted by hurricane Ian, this post is for you. Here, we’ll provide guidance, advice, and resources on how to organize your recovery effort from the storm and get your business back up and running. As a Miami-based business, we are committed to supporting local hurricane recovery for small business owners. This is one of the ways in which we hope to do so.

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Budget + Cash Flow Analysis

How To Create a Budget and a Cash Flow Analysis for Businesses of All Sizes

There’s no getting around budgeting and cash flow forecasting if you want your business to succeed. Whether you’re just getting started or have been in business for many years, budgeting and cash flow forecasting are essential tools to help you understand your past performance, set realistic goals for the future, and make better decisions about how to allocate resources. Regardless of your company size or stage of development, budgeting is a critical exercise for proper financial and operational planning. In this blog post, we’ll discuss the benefits of budgeting for businesses of all sizes – from pre-revenue startups to rapidly growing small businesses to those preparing for an exit.

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Why Become a Member

Hiring Tentho vs. in-house finance team.

As the administrator of a private school, you know that every dollar counts when it comes to maintaining a balanced budget. You need to be able to trust that your school’s financial needs are being managed by a team of professionals who have your best interests at heart. But you often wonder, is it a better choice to outsource your financial needs to a team of professionals, or hire that team in-house?

Here are the top 4 reasons why outsourcing to Tentho is a smart choice for your private school:

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Member Success Story

Recruiting and Staffing

Within weeks of coming on board, the books were brought completely up to date. Payroll related issues and inquiries were reduced by 75%, outstanding accounts receivables balances were reduced by more than 50%, and financial statements were prepared consistently and on-time. Even more surprising, the business now has a team of experts working with them daily who are responsive and professional when dealing with their internal staff and clients! Costs for managing their accounting operations were reduced by 20%.

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Member Success Story

Law Firm

The business model provides for counseling and intervention services all over the country through a network of independent specialists. Payments to contractors were inconsistently managed and did not provide for a reliable way to account for expenses incurred by the counselors. The business owner had a bookkeeper who worked part-time on the weekends but was never available when needed during the week. Questions were often left unanswered, and the financial statements were unreliable due to a lack of follow through.

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Member Success Story

Event Production

Once the changes were implemented, the client was able to analyze their financial information to make significant decisions about pricing for their services. Profitability increased, and the client was able to secure investors to continue to grow and expand their business.

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Member Success Story

Restaurant

The operations manager was able to save more than 30 hours of time per month, and the financial statements are now produced on-time to give the restaurant owner the ability to make better decisions. Through financial reports created by Tentho the restaurant owner was able to identify overspends in inventory and was able to make adjustments which saved over $20,000.

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