You’ve heard the term “general ledger” thrown around in business circles, but what exactly is it? And why is it important for you to understand how it works?
Are you the type of business owner who thinks of paying or rewarding yourself when your business finally starts turning a profit? Unfortunately, you are not alone.
Does business banking vs commercial banking sound the same to you? Is that a ‘yes’ you are about to say? While the two might seem similar, they are actually quite different. From the target market to the services and products
If you are wondering how to pay yourself as a business owner, welcome to the club. This is a question a lot of business owners grapple with as they try to balance their personal financial needs and growing a business.
Do you know how to read a cash flow statement for your small business? Unfortunately, many small business owners focus on the bottom line, i.e., the last line item on their profit and loss statement (P&L), also known as the
Here’s a question for you, ‘how many bank accounts do you need for your business?’ I have spent the better part of my career in corporate where big organizations have numerous bank accounts. I have also spent a significant part of
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DISCLOSURE: THIS ARTICLE/WEBSITE USES AFFILIATE LINKS, WHICH MAY EARN A COMMISSION AT NO ADDITIONAL COST TO YOU. THIS INFLUENCES WHICH PRODUCTS WE WRITE ABOUT AND WHERE AND HOW THE PRODUCT APPEARS ON A PAGE. HOWEVER, OUR OPINIONS ARE OUR OWN
What bank transfer methods do you use for payment processing in your business? As a business owner, it’s important to understand the different transfer methods available to you, their benefits, and how you can use them for your business transactions. Two
Disclosure: This article/website uses affiliate links, which may earn a commission at no additional cost to you. This influences which products we write about and where and how the product appears on a page. However, our opinions are our own