Cash Accounting vs. Accrual Accounting

Do you know how your books and records are accounted for? Many bookkeepers will use a simple cash-based accounting system that ensures that transactions are recorded when cash outflows or inflows occur. Yet, generally accepted accounting principles do not include cash-based recording. Accrual accounting is what’s required by financial

By |2024-06-06T09:23:02-06:00May 29th, 2024|DISCUSSIONS|0 Comments

How Embracing Your Financials Can Save Your Business from Disaster | Collisions YYC

"When you’re creating a product and then you’ve got that inventory on shelves, but you haven’t sold it, that’s a major cash flow issue." — JAMIE L. SMITH (25:12) Talking about money isn't always fun, and some business owners wait until it's too late to discuss financial strategy. But

By |2024-05-27T13:37:01-06:00May 27th, 2024|LETs blog & Amplify Media|0 Comments

Legacy Builders Unleashed | Merin Coutts Consulting

Join Merin Coutts and Jamie for the fifth episode of "Legacy Builders Unleashed." Discover strategies to transform your business into a sellable entity, independent of a single owner, with robust management and solid financials. Uncover critical elements such as owner independence, strong management, financial health, efficient systems, branding, tech

By |2024-04-29T16:51:10-06:00April 29th, 2024|LETs blog & Amplify Media|0 Comments

How Values Came First…Literally! | Culture Hack

Join the conversation as Adam and Jamie unravel the essence of Amplify's culture, where purpose meets passion and innovation thrives. Discover how Amplify's culture isn't just a buzzword but a guiding force deeply intertwined with their core values. Jamie unveils the secrets behind building a community-driven culture that not

By |2024-04-25T16:13:30-06:00April 25th, 2024|LETs blog & Amplify Media|0 Comments

Financial Literacy

Chances are you or your team lack it! Here’s how you can test that bold claim: How many employees, or at least managers, have read your latest financials? Wait - do you have financials? Do you release them to those running your business? How many employees, or at least

By |2024-03-16T22:14:01-06:00March 18th, 2024|DISCUSSIONS|0 Comments

An Idealist Story: When You Know You Need a CFO

At Amplify, we are growth consultants and an epic team of business leaders that help clients navigate all areas of their growth.  But let's get to the heart of the matter - we are CFOs.  When do you Need a CFO?  Some call our perspective idealistic, but we built

By |2023-12-12T10:05:38-07:00December 12th, 2023|DISCUSSIONS|0 Comments

Best Practices for Budgeting

Budgeting can be a daunting task! You look at putting best practices, like budgeting, into your business and it can feel like starting at the bottom of a mountain with a lot to climb and tackle. We know the budgeting efforts pay off because they help us: - measure

By |2023-09-25T22:17:34-06:00September 26th, 2023|DISCUSSIONS|0 Comments

Piloting Financial Management – Budgets

Small businesses play a vital role in the economy, but they often encounter unique financial management challenges. Particularly, during uncertain times, such as economic downturns or unexpected crises, managing finances becomes crucial for their survival and growth. Let's explore a process that can make a big difference. Budgeting is

By |2023-09-15T10:51:32-06:00September 13th, 2023|DISCUSSIONS|0 Comments

What is the Difference Between a CFO & a Controller?

There can be a few things, but here are two to consider if you are gunning for the top job: First ☝️ 👩‍🦳 Experience - you can’t always rush it, but something must be said about good old-fashioned experience. While we all strive to make data-driven decisions

By |2023-08-14T16:39:01-06:00August 14th, 2023|DISCUSSIONS|0 Comments

AmplifyTech

Our clients aren’t the only ones who are scaling and growing!  AmplifyTech is too!  At Amplify, we know that building a successful business is a team effort. We are leading experts in the fields of #technology and #business.  We strive to live our purpose at Amplify:  Enhancing Communities Amplifying

By |2024-04-10T09:51:29-06:00June 6th, 2023|Intro to our Epic Team|0 Comments
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