The Basics of Payroll

Many forms of compensation are included in the Payroll category of a business expense, including salaries, wages and bonuses, but also employer paid benefits like sick days and paid vacations.  Specific rules exist regarding pay structures for types of employees, and are subject to state and federal laws, labor contracts and company policies. Salaries are … Continue reading The Basics of Payroll

Meet Jean Davis

Jean is a seasoned professional with over 13 years of experience in a variety of functions.  She started her career with GMAC and moved through up through the ranks, ultimately working as a portfolio analyst.  Family is also important to Jean, and as her kids grew and became more involved in activities and sports, she … Continue reading Meet Jean Davis

The Basic Financial Statements Explained

Accurate and timely produced financial statements are an important aspect of a medium to small sized business with lenders, or growth plans that may include investors.  Randolph Business Resources provides many financial statements on an on-going basis, tailored to the needs of each particular client, including cash flow statements, balance sheets, and income statements. The cash … Continue reading The Basic Financial Statements Explained

Meet Mickey Randolph

Mickey Randolph, owner of Randolph Business Resources, had a vision to create accounting solutions for medium to small sized businesses for whom a full-time Chief Financial Officer just didn’t make sense. With over 30 years of accounting experience as everything from a cost accountant to Controller, VP of Finance and Chief Financial Officer, Mickey knows the … Continue reading Meet Mickey Randolph

Forecasting Tips

Most entrepreneurs run independent large and small businesses because they had a vision for what they wanted the company to be, and took steps to create it, nourish it, and grow it. They can see the big picture, and the even bigger picture, and just want to get there as quickly as possible. They enjoy … Continue reading Forecasting Tips

Budgeting Basics

Many people think of the word “budget” as a bad thing. They think sticking to a budget restricts their lifestyle and doesn’t give them the flexibility they want. In fact, the reverse is true if you are honest about your income, expenses and intend to live within your means and grow wealth. The exact same … Continue reading Budgeting Basics