Posted inBasics
How Familiar Are You With the Different Types of Liabilities in Accounting?
As a business owner, incurring debts is inevitable. In fact, the average small business owner…
Posted inBasics
Managing and Recording Cash Receipts in Your Small Business
If you’re a small business owner, you likely receive cash payments from your customers. And…
Posted inBasics
How’s Your Small Business General Ledger Lookin’?
Your business’s general ledger plays a significant role in forecasting the financial health of your…
Posted inBasics
What Is an Owner’s Draw in Accounting?
As a business owner, you likely pay wages to employees. But when it comes to…
Posted inBasics
How to Create and Update Your Cash Disbursement Journal
Does your small business work with cash? More than likely, the answer is yes. And…
Posted inBasics
What Is an Expense Account?
Out of 400 survey respondents, 91% said they’d be more efficient if their workspace was…
Posted inBasics
Does Your State Have a Throwout or Throwback Rule for Corporations?
When it comes to company taxation, each state has its own set of laws for…
Posted inBasics
License to Sell: Your Guide to Applying for a Sales Tax Permit
Many businesses need to collect sales tax from customers. But before you can start collecting…
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Strategies and Formulas for Pricing Services at Your Small Business
Do you own a service business? If so, you know that figuring out how to…
Posted inBasics
Start-up Burn Rates Explained in 500 Words or Less
It’s tempting to write off “burn rate” as cute startup jargon or a funny subplot…