Every business owner wants to know what their break even is for their company, but many don’t know where to begin trying to calculate it. Doing a break even analysis will provide information regarding the sales volume needed to be at a break even status (no profit or los...
Many business owners don’t feel they have time to do a cash flow projection. This is a very important tool for all business owners to have. It is a tool that could mean the difference between going out of business or staying in business....
Most small business owners are trying to wear all hats – salesman, bookkeeper, CFO, CEO, janitor, etc. This does not allow for them to do everything really well. It seems the areas where most lack is in the recordkeeping and accounting functions....
Do you have a business idea and want to start up your own business? I bet this thought is one of the scariest but most exciting thoughts you have had in awhile....
It is that time of year again that so many people try to pretend isn’t here. They dread the paperwork, receipt gathering, reconciling, updating the accounting software and the unknown of “Am I going to owe a bunch of money for taxes?”...
A lot of times a new business owner, or for that matter, seasoned business owners, are so engrossed in doing the day-to-day business that the financial records get put in the large “to do” pile. So many hats have to be worn and the hat that is usually disliked the most...
