April isn't just about the showers that bring flowers. It is also Financial Literacy Month. Simply put, financial literacy is understanding and using various financial skills, including personal financial management, budgeting, and investing, to improve your financial...
The recent closing of Silicon Valley Bank has many wondering if and how their money is protected. Fortunately, SVB was FDIC insured. But what does this mean for you? First, let's discuss the FDIC. What is the FDIC?FDIC stands for the Federal Deposit Insurance...
Wait what? You just sent 1099s. Why are we talking about this now? Because I want to help you have a smooth 1099 season next year and that starts now! As a business owner, sending out 1099 forms to your contractors is essential to tax season. Before you...
In order to properly look at your business’s financial standing, it is crucial to understand the difference between cash flow and profit. The relationship between cash flow and profit is one that needs to be understood in order to manage your business finances...
Accurately recording your numbers will significantly increase your business’s likelihood of success. But how do you know your numbers are truly accurate? Reconciling. Is your bank account reconciled? Read on to find out why this 5-minute task is a...