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...
Category: Education
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Mid-Year Bookkeeping Check Up
It’s June already and that means that it is time to do a mid-year check-up! Why is it important to do a bookkeeping mid-year check-up? Performing a mid-year check-up is a simple and effective way to ensure that all of your accounts are in balance and nothing was...
The Risk of Using Spreadsheets for Your Bookkeeping Needs
Have you just started your business? Are you trying to figure out how to track your income and expenses? To save some money, many small businesses opt to use spreadsheets. While I applaud making financially sound decisions, this is not one I encourage. Using...