Business Accounting

Keeping your books in order is key to running a successful business. Learn how to do it right with tips on managing debt, tax obligations, and more.

Income Statement vs. Cash Flow Statement: Which One Should I Use?

Income statement or cash flow statement? The one you'll use will depend on the financial decision you need to make, because a cash flow statement…

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Consolidated Financial Statements vs. Combined Financial Statements: Which Should I Use for My Business?

Consolidated and combined financial statements are two different types of statements that help the public know whether it's worth investing in your…

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Balance Sheet vs. Income Statement: Which One Should I Use?

The right financial statement to use will always depend on the decision you're facing and the type of information you need in order to make that…

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Profit and Loss Statement vs. Balance Sheet: Which One Should I Use?

Both profit and loss statements and balance sheets are important for running your small business or corporation. Learn about these two different…

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What Is Accounts Receivable?

Accounts receivable is an account used to track money customers owe a business for purchases made on credit.

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How Lean Is Your Machine: 9 Cost-Cutting Tips for Small Businesses

Cost-cutting tips to help keep your business humming

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What Is Cash Accounting?

Cash accounting is an accounting method that records payments as they are made and received. These are some of the benefits and drawbacks of the cash…

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4 Types of Financial Statements That Every Business Needs

Whether you're looking for investors for your business or want to apply for credit, you'll find that producing four types of financial statements can…

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10 Key Tax Deductions for Your Small Business

You may be surprised at how many small business tax deductions you can overlook if you don't know your possible write-offs.

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How to Manage Cash Flow, Debt, Contracts, and Obstacles During Coronavirus

It's not quite business as usual for many small businesses starting to re-open in cities and states across the country. Here's advice from experts on…

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