So You Want to Start a Business?
So you have decided 2016 is the year to follow your dreams, step out on faith, and take the plunge. You are ready to start
general business
About general business
Bookkeeping Versus Accounting, Is There a Difference?
Over the years, I have met many clients who came to me to provide accounting and bookkeeping services. In many instances, I have had to
How Important is Cash Flows to a Business?
a In order for a business to survive, the business must be able to generate and sustain a positive cash flow. Understanding the basic concepts
Understanding The New Lease Standard
The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) (collectively, the Boards) have completed deliberations on new standards that significantly change
Accrual Versus Cash Basis Accounting
The most commonly used basis by small businesses is the cash basis method of accounting. Most small businesses (with sales of less than $5 million
Creating and Managing a Budget
Why do I Need Budget? A budget can help to plan and control your future income and expenses, it is an itemization of likely income
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