The importance of intentional and consistent strategic, tactical, and operational planning for any type of for-profit or not-for-profit business cannot be overstated. Indeed, hundreds of books and articles have been written…
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We thought it might be useful at this early point in the year to remind business owners about the importance of developing a cash flow projection. In this blog, we…
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In our last post, we reviewed the three parts of a balance sheet: assets, liabilities, and equity. That is a little dry, so let’s take a look at a real…
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Most business owners understand the idea that their Profit & Loss report (also known as an Income Statement) shows the revenue that flows into the business and the expenditures the…
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Most small business owners aren’t quite sure what a chart of accounts is…let alone loving theirs! But your chart of accounts helps you not only understand what’s going on financially…
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