Expand Business: 3 Things to Consider
If your sales have reached the point where demand exceeds supply, you know it’s time to expand business. But expansion comes at a cost. You may be wary of any…
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THE AMERICAN SPENDING CRISIS
Did you start your own business and find you’re left with a lot less in your pocket than you anticipated? Stressed over finances? You’re not alone. The total debt of…
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Small Business Tax Tips for 2018
Small business and personal taxes are due at different times of the year. Tax day this year – for individuals – is April 17th. Why? April 15, 2018, falls on…
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Balance Sheet 101: How to Read it and What it Means
The balance sheet is a snapshot of your company’s financials at a given time, usually on an exact date. This date may be at the end of a month, end…
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P&L 101: Top Line, Bottom Line, What Does it All Mean?
What is P&L? As a business owner or financial manager, the performance of your company and financial health typically relies on 2 important financial statements: Profit and Loss or P&L…
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Financial Management Part 2: Analyzing Actuals
Financial Management Forecast vs. Actual Expenses: Mitigating Risks In Financial Management Part 1: Budgeting, we talked about key resources of effectively managing finances for a business organization. Most noteworthy, to…
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Financial Management Part 1: Budgeting
Businesses can attain financial sustainability and grow at a healthy rate. Budgeting must be done beforehand to plan for expected future revenues and expenses. With budget planning, businesses must document…
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