Our blog contains informational articles that will help you with business finance & management and help you achieve success as a small business owner.
According to Harvard Business School, the typical small business has only enough working capital on hand to last 27 days. Obviously, your company can't expand without adequate cash flow. It may not even be able to meet its current operations budget. Cash flow concerns...read more
Business owners have two options to choose from to track the income and expenses for their business, which includes cash vs. accrual accounting. It is essential to understand the differences between these two types of accounting to discover which option best suits...read more
Taking in revenue is essential for any small business. However, the dollar figure means little if you don't subtract the money you spent to earn it. This calculation provides you with your company's profit margin. According to the S & P 500, the average profit...read more