Faith Resolutions Blog
Insights and Innovations
Unlocking the Secrets to Financial Mastery and Business Growth
Cash Flow vs Profit: Understanding the difference?
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...
The Importance of Bank Reconciliation
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...
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 you Financially Literate?
Why Financial Literacy is Important in Small Business What is Financial Literacy?Being financially literate is to possess the knowledge and skills needed to make informed financial decisions. Why is Financial Literacy Important?All...
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...
Planning a Vacation
The life of an entrepreneur can sometimes be romanticized. Many, like me, get to work from home ( in their PJs if they so choose). You get to make your own schedule. You can travel whenever you'd like, right? Well...
I Just Made Six Figures in My Business. Want to Know How?
Sifting Through the Numbers to What Really Matters I have seen an influx of posts like these in many Facebook groups. Others flock to the post commenting wanting to know how. Me, I shake my head. Just because a company has...
4 Simple Steps to Ensure Financial Success
In honor of financial literacy month, I invited money coach Susan Maldonado to share her tips on ensuring success in your personal finances. Get out and stay out of debt. With 80% of Americans carrying consumer debt, monthly payments are...
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