In our last blog post, we covered the three financial statements every business owner needs to know. These are the balance sheet, income statement and statement of cash flow. Now that you have a good understanding of the main financial statements and their components, it’s time to learn how to use this information to evaluate the financial and operating performance … Read More
3 Financial Statements Every Business Owner Should Understand
This month, we will explore three financial statements every business owner should understand. They are : The balance sheet The income statement The cash flow statement While we don’t recommend doing the books yourself unless you are bookkeeping professional, trying to run your business without understanding the balance sheet, income and cash flow statements is like driving a car without … Read More
Importance of Budgeting
Understanding the Importance of Budgeting The start of a new year often brings with it the feeling of new opportunities. In some ways, it feels like we have a clean slate or an opportunity to make a brand new start. We often try to set goals and make resolutions for how we want to proceed going forward. In our personal … Read More
Productivity How Tos
Penny Zenker is a strategic business coach and trainer and Mark Kilduff is the owner of Remote Quality Bookkeeping. Penny is the author of a book called “The productivity Zone: Stop the Tug of War with Time“. Penny and Mark discuss time management and productivity how tos. Penny outlines the 10 core drivers of productivity. Mark talks about how business … Read More
Small Business Goal Setting
As 2016 comes to an end, it’s the perfect time for small business goal setting that will motivate you for success in the New Year. Without clearly defined and measurable goals, your small business may struggle to find direction and you may begin to “lose steam.” Goal setting offers an excellent opportunity to reassess, refocus and realign your small business … Read More
