Getting a Grip on Your Finances Starts with Knowing Your Assets and Liabilities
As a business owner, there are several terms that should be in your vocabulary. Assets and liabilities rank near the top, and will often appear together. To improve…
Profitability Ratio and 10 Other Terms Every Investor Should Know
Profitability ratio is one of many terms that every investor should know about. Learning the language and buzzwords of investing can be daunting, but is a necessary step…
Serving Your Community: The 5-Step Formula to Starting a Nonprofit
Starting a nonprofit is definitely no walk in the park and even though your ethos might be different when it comes to your reasons for starting the business…
Comparing Cash Basis Accounting Against Accrual Accounting: Concrete Examples and Key Differences
The fundamental difference between cash basis accounting and accrual accounting is primarily about when expenses and revenue are introduced, with the cash method adopting a system where this…
Sole Proprietorship Taxes: Will Incorporating Lower the Bill?
Sole proprietorship taxes come with its own set of pros and cons. There are some situations where being a sole proprietor makes sense, but there are also times…
Successful Startups Stick to a Strategy: The 5-Step Process to Landing a Seed Investment
Owning your own company is a dream many people have. They long for the days of setting their own hours, taking over complete control of their work product,…
Time to Grow Your Business: 6 Questions to Ask Before Hiring a Marketing Consultant That Will Ensure You Get the Best Man for the Job
Hiring a marketing consultant is no easy feat. Everyone specializes in something different and has different expertise in different areas of marketing, various price plans, and fees, and…
Up Against Angel Investors? Don’t Forget to Do These 7 Things to Improve Your Odds
There is little doubt that angel investors have proved pivotal in getting some fledgling businesses up and running, giving them the cash injection needed to put their ideas…
Should Your Manage Your Own Business Finances or Seek a Management Accounting Professional?
When you’re starting out in the world of business, there’s a lot on your plate. No matter how big or small your team is, there always seems to…
5 Creative Ways Your Business Can Maintain Customer Loyalty During COVID-19
After customers have been reluctant to leave their homes during the COVID-19 pandemic, businesses have had to develop ways to stay at the forefront of their customers’ minds.…