What Does Cash Flow Mean in Business? How Much Is Too Much Cash?
Every small business owner knows that cash is king. Keeping cash flowing is critical to the survival and eventual success…
Finance
How to Prepare a Cash Flow Statement
What Is a Cash Flow Statement? A cash flow statement breaks down the various types of inflows and outflows of…
The Passive Income Myth
Let’s debunk the passive income myth outright: truly passive income doesn’t exist. Passive income is a term that is loosely…
What Are the Different Types of Cash Flows?
Cash flow is the money that streams in and out of your small business—and it's a key indicator of your…
How Is Passive Income Taxed?
Yes, residual income is usually taxable. So long as you are making enough money from any source, you will most…
What Are Multiple Streams of Income?
Having multiple streams of income means that a person is receiving income from several residual or passive income streams at…
What Is the Difference Between Residual and Passive Income?
What is passive income and what is residual income? The difference between residual and passive income depends on the industry…
Money Mistakes That Could Sink Your Business – And The Apps That Can Help Save It
If your business needs to borrow money, you’re not alone. In 2021, small businesses borrowed $44.8 billion through more than…
How to Make Residual Income
Residual income, also known as passive income, is one of the most popular ways to make a living or supplement…
What Is a Cash Flow Statement?
A cash flow statement is a financial statement that shows how much money is going in and out of your…