As a small business owner, getting a bill for an unexpected expense can have a significant effect on your business’s cash flow. Here are some tips you can use to deal with a surprise bill… Establish a consistent reconciliation schedule. Knowing how much...
The numbers on your financial statements aren’t the only numbers that are vital to your business success. In order to monitor the vital signs of your business, you’ll need to look beyond your financial statements. Most successful business owners have a set...
It’s a good idea to review your financial statements on a regular basis so you have an ongoing understanding of your business’s health. As we begin the fourth quarter, now is a great time to check in prior to year end. Here are four items you should review...
No matter the size of your company, every business owner should be alert to the problem of employee theft. Before you decide to hand your record keeping over to a qualified employee, make sure you have the proper controls in place. How to Spot Employee Theft Employee...
Many times, businesses look to increasing sales as the only way to increase profits. However, when done intelligently, cutting costs can be a faster route to realizing higher profits. Simple ways to cut costs should constantly be on every business owner’s or...
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