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 Read More »
What Business Structure Should I Choose? One of the first hurdle most potential business owners face is making a decision on the type of business structure that is best for their Read More »
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 Read More »
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 Read More »
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 Read More »
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 Read More »