Is your small business compliant?
What do I mean when I say compliant? Do you have your books organized? Are your receipts in order? Are you current on your taxes? If you had a visit today from the IRS would you be prepared and ready to defend your bookkeeping and accounting ...
There are three reports every small and medium size business should know and use on a regular basis. They are a Profit and Loss Statement, a Balance Sheet, and a Statement of Cash flow.
A Profit and Loss Statement (P&L), also called a Income statement or a Statement of Operations, is a company’s ...
We all seek peace of mind, and we all desire security and happiness for ourselves and our families. If we look for the silver linings in this past year’s economic downturn, perhaps the trials some have faced have taught us that peace of mind, security, and happiness do ...
Perhaps it’s time to take a serious look at your situation and ask yourself, “How do I know when to close the doors to my store?” It is definitely not a fun subject to think about, but in these economic times, it is one that we all must consider. There are many ...
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