by becky | Jun 23, 2016 | Accounting, Financial Statements & Reports, Uncategorized
The best cakes have layers and layers of different delicious flavors to enjoy. Stacked on top of one another, each layer is baked separately and becomes part of the whole. Like a layer cake, your business expenses have layers of meaning to them. When you can...
by becky | May 26, 2016 | Accounting, Employment & Payroll, Financial Statements & Reports, Uncategorized
Running a small business is often about taking and managing risks. Market risks are normal but business and tax risks are another thing altogether. Most business and tax-related risks can be managed as long you know about them. Here are seven small business risks you...
by becky | May 12, 2016 | Accounting, Financial Statements & Reports, Uncategorized
Most small businesses need help with cash during certain stages of their growth. If you find that you have more plans than cash to do them with, then it might be time for a loan. Here are five steps you can take to make the loan process go smoother. 1. Make a plan....
by becky | Apr 28, 2016 | Accounting, Financial Statements & Reports, Marketing & Advertising, Uncategorized
Two very important skills for entrepreneurs to master are marketing and finances. Combine them by understanding the numbers behind marketing, and you have an even more powerful understanding of exactly what makes your business tick. Key Numbers – Cost Per Client...
by becky | Mar 31, 2016 | Accounting, Financial Statements & Reports, Uncategorized
Outsmart your accountant and other financial friends with these accounting-related definitions: Fiscal Year Most companies report their results on a calendar year, from January 1 through December 31. Some companies use a different year for reporting, and that’s...
by becky | Dec 10, 2015 | Accounting, Financial Statements & Reports, Uncategorized
It’s good to know some basic accounting terms, and here are ten terms with friendly definitions for your review. Asset: Essentially, assets are what you own. These include your bank accounts, business equipment, and even the amounts that customers owe you....