Category: Accounting & Finance
When it comes to expense reimbursement, you might only think of traveling expenses to attend trade shows or conferences – things that your small business might not do. But there are other expenses that...
Tracking your business expenses helps you reduce your taxable income. If employees incur any of your expenditures, an effective expense policy allows you to keep an eye on your costs and have better control over them. What does the...
Now that your business is officially up and running, you’re ready to watch the cash flow in. Of course, since you’re just entering the market, you’ll also be spending cash to catch up with...
If your staff goes to trade shows or on client visits, you need to track and manage travel expenses and keep up with things like mileage, dinners, and room accommodations. By keeping reports of...
Your chart of accounts (COA) is a list of account numbers and names that are relevant to your small business. It helps keep your financial information organized and is the first step of establishing...
Every small business takes a different path to success, but there are usually some bumps and missteps along the way. Some of those bumps could be caused by financial mistakes. Keep reading to learn...
A business credit card can help your small business build credit and make ends meet if you run into cash flow problems. If you’re shopping around for a new credit card, ask these six...
If you need more money to grow your small business and make it successful, it’s time to start raising capital. Before you approach potential investors, check out these nine tips to help you deliver...
Inventory management is the process of tracking your products to ensure you have the right amount of each item at the right time. It includes ordering, storing, tracking, and selling your goods. Managing your...
When you’re running a small business, every dollar you spend matters. By saving money wherever possible, you’ll be more prepared for any surprise expenses or unexpected slumps in sales. How can you save money?...