Clay Harris

Clay and Josh address the common challenges around payroll. A transparent, well-defined process is critical. Further, your company size, geographical market, and industry must be carefully considered to understand your specific labor market.

Payroll is typically the largest cost associated with running a business. Josh and Clay kick off a series about compensation and benefits with a healthy discussion about salary vs hourly staff, overtime, tracking hours, and mandatory vs non-mandatory events outside of business hours.

Martha Gordash, Founder and CEO of Success Profit Planning, stops by the pod to share her insights and experiences.

Rachel Sutton, Co-Founder and CPA of Oak Ledger shares her best practices for business owners to configure their statements in a way that works for them while remaining financially accurate and GAAP compliant.

It’s not enough to see a profitable company on the income statement. That’s where the cash flow statement comes in. Josh and Clay discuss the difference between the statements while also explaining how they’re connected.

The balance sheet represents a snapshot in time of an organization’s assets, liabilities, and equity. Josh and Clay cover the fundamentals of the sheet as well as specific ratios. They also identify which insights the sheet provides and common misunderstandings.