Accounting Terms 101: A Beginners Guide for Business Owners

Accounting Terms 101: A Beginners Guide for Business Owners

As a business owner, you may have heard various accounting terms thrown around, such as balance sheet, cash flow, and profit and loss statement. However, it is essential to have a clear understanding of these terms to make informed financial decisions for your...

Improving your cash flow

Improving your cash flow: Cash, different from profit and revenue, helps a business stay up and running. Consider the following tips to improve your cash flow (especially when times are tight): Consider getting a company credit card so you can pay for things in...

How to read financial statements

Financial statements Sitting in finance committee meetings, I have noticed that most board members, CEOs and even bankers have a difficult time reading their financial statements and are worried to ask questions regarding the numbers. Most people do not know where to...

Your Financial Statements – The Balance Sheet

Balance Sheet You didn’t start your business or become the head of an organization because you are a financial expert. You are there to grow and succeed. The accounting, bookkeeping and financial aspects of your business are important to how you run your...
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