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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…
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What Is an Expense Account?
Out of 400 survey respondents, 91% said they’d be more efficient if their workspace was…
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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…
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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…
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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…
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Offer in Compromise: Possible Solution for Business Owners Drowning in Tax Debt
Not being able to pay your debts can be scary. And when your creditor is…
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What Is a Schedule C?
As a small business owner, you must know which forms to file. And if you’re…