Balancing your small business's balance sheet doesn't have to be difficult. By making sure your assets equal your liabilities plus your shareholders' (also called, owners') equity you will avoid having difficulty paying your operating... Continue
Your small business may be chugging along just fine, but is it really growing? A 2017 survey found that 59% of businesses sought out credit options for expanding their business or pursuing a new opportunity. If you're one of these... Continue
You may have your small business's balance sheet, but do you analyze it regularly? If not, you should. Balance sheet analysis can give you insights into your small business's assets, use of capital, risk of bankruptcy, and ability to grow... Continue
What is Accounts Receivable and Why Does it Matter to Your Business
So, what is accounts receivable, and why does it matter to your small business? Accounts receivable is the balance of owed money when a business sells goods or services to... Continue
Here's the trick to make your accountant love you: Don't think about what she can be doing for you. Instead, ask yourself, what more can you be doing for her?
Seems contrarian, doesn't it? You probably think, like most people, that your... Continue