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.
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What's It Worth? How to Price Your Goods and Services
Developing a pricing strategy for your product and service, goes beyond the cost of materials.
· 4 min read
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Get a Full Picture of Your Business with a Consolidated Statement of Income
A consolidated statement of income can be an extremely valuable financial report—not only for you, but for your business' investors as well.
· 3 min read
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Profit and Loss Statements for Self-Employed Individuals
You may not have to file a profit and loss statement for your business with any regulatory agency, but there are very good reasons for a self-employed individual to keep one. Here's how and why.
· 3 min read
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Sweat Equity and the S Corporation
Sweat equity—in the form of valuable services—is a time-honored way to contribute capital to an S corporation. But be sure all agree on its actual value.
· 4 min read
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Putting Sweat Equity into Your Business
Regardless of how you structure your business, you can use sweat equity to increase the value of your company and to attract new investors.
· 4 min read
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Bootstrapping vs. Equity Financing
Both methods can get your business up and running. But which is best for your situation?
· 5 min read
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Paying Investors: How Dividends Work
Whether or not corporate shares will provide you with a steady stream of income depends on how well a company performs as well as the kind of stock you own. Are dividends the best choice for your particular financial situation?
· 4 min read
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Why Tax Avoidance Is Perfectly Legal
Tax avoidance is the use of legal methods to reduce the amount of tax owed. Who wouldn't want that?
· 3 min read
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Net Working Capital Formula
A simple formula allows your business to calculate net working capital, a key measure of short-term financial health.
· 3 min read
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What Is Straight Line Depreciation?
How do you calculate straight line depreciation? What are the pros and cons of straight line depreciation versus accelerated depreciation methods? Here's how you can decide if straight line depreciation is right for your business.
· 3 min read
