There are a handful of important functions that drive the average small business, including strategy, marketing, finance, and operations. Your success depends on creating and growing a company with a...
What you should be charging for your product or service is a question that haunts many an entrepreneur. And while “driving sales” is frequently cited as the number one marketing goal of small...
If your small business is showing the signs of long-term success, chances are good a solid plan was involved. But no company can afford to become complacent about its accomplishments. Your business...
For accounting purposes, your business must record a journal transaction each time a financial event like a customer sale or purchase of supplies occurs. But unless your company qualifies for and...
Your business’s financial statements are vital for a number of reasons. Not only do they form the basis of accurate tax reporting, they make it possible to get approval for loans, attract business...
Entrepreneurs often take it for granted that the financing they need to get and keep their ventures afloat will come directly from the revenues they generate. But in many cases, your income won’t be...
Whether you’re new to business, new to bookkeeping, or just want a refresher in strategic accounting, there’s a lot to be said for exploring the bookkeeping tactics most likely to enhance your...
Effective accounting strategies are vital for business growth. In fact, gathering, recording, and analyzing your company’s financial information is the best way to gain valuable insight into your...
Source documents are any original financial records that serve as a paper trail to support your bookkeeping transactions.
These documents may include – but are not limited to – company purchase...
