A Beginner’s Guide to the Accounting Cycle

Accurate and reliable financial information is key to making the right decisions that drive your bus...

Creating Perfect Invoice: What Every Small Business Owner Should Know

Entrepreneurs and company owners should familiarize themselves with the finer points of creating inv...

Many small business owners feel uneasy about taking on any debt. It makes sense — too much debt can ...

Cash basis accounting and accrual basis accounting are two methods used by businesses to record fina...

Once you get your business up and running, you’ll quickly discover a world of legal matters you have...

As a small business owner, you’re in a unique position. Your most valuable asset isn’t likely to be ...

A significant part of running a business is knowing the dollar amount your company owns in assets — ...

Your business might not be profitable in its formative years, leaving you with no option but to push...

Most people know that debit cards let you spend out of a checking account, while credit cards let yo...

Still using a shoebox and notebook approach to accounting? Accounting software provides a way for yo...

From buildings to machines, equipment and tools, every business will have one or more fixed assets l...

As a business owner or employee in the United States, calculating, deducting, and paying tax is a ma...

Owner’s equity is the value you arrive at when your business’ liabilities are deducted from your bus...

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