Accounting Terms 101: A Beginners Guide for Business Owners

Accounting Terms 101: A Beginners Guide for Business Owners

Apr 4, 2023

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...
P&L Management for Small Businesses

P&L Management for Small Businesses

Sep 6, 2022

P&L Management begins with understanding your financial statements, including the P&L statement. Most small business owners are pretty familiar with the P&L because it is required for bank loans and other financial transactions. The P&L clearly shows...
What does Financial Management Services Include?

What does Financial Management Services Include?

May 5, 2017

Financial management is one of the most important aspects of your business because it is how you will make all of your business decisions. Financial management consists of: Accurate bookkeeping Separate accounts to track your business Clear policies/procedure Business...
The Purpose of Financial Statements

The Purpose of Financial Statements

Apr 28, 2017

Financial statements are the way that you can track the performance and changes of your company or organization. Regardless of the type of business or nonprofit you are running, there are many different people that would be interested in the financial statements...

How to read financial statements

Dec 2, 2016

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...