The Entrepreneur’s Guide to Financial Statements – The P&L
Successful business owners are able to see the story behind the numbers when they look at their financial statements. I always ask business owners if they review their financial statements, and I often get that deer in headlights look. I know looking at a bunch of...
How to Pay Yourself (and a Few Things to Remember About Taxes), LLC + Sole Proprietor Edition
One of the most frequently asked questions I get from business owners is “how do I pay myself?” What should be a pretty simple concept throws people for a loop because they aren’t sure what’s allowed, what’s taxable, what types of taxes...
Using a CFO in Your Small Business
“CFO” is a buzzword that we see getting used a lot in the entrepreneurship space. It seems like everyone wants a CFO! In this post we’ll dig into what exactly a CFO is and when you should use one. What is a CFO? We often see the term CFO used...
How Accrual Accounting Can Help You Manage Your Business
What if I told you that accounting can actually help you be proactive in managing your business? I hope your response is “tell me more!” Here’s a story about a REAL business that I work with – This business has been around for many years, has a lot of employees...
