Finance and its proper management is the key factor determining the success or failure of any small business. It is important that the finances are managed properly and utilized appropriately and this...
As an entrepreneur you are faced with the daunting task of not only having to have a deep understanding of your product or service, you also must have a sound general knowledge of business management,...
What is GAAP?GAAP, or Generally Accepted Accounting Principles, refers to rules and parameters set by the Accounting Practices Board of the American Institute of Certified Public Accountants. GAAP als...
Are you considering getting a merchant account for your business? If you are reading this then the answer is probably yes. Before you sign up for a merchant account you should read this article giving...
Business credit cards can come to mean a lot to any business and can even be used to reduce costs and manpower. They can also, if used properly, be used to get savings on your purchases and simplify p...
Business models have become much more customer oriented and many companies experimenting with different structures in order to discover how to meet their customer's needs at the lowest cost and for th...
Just as a competent medical practitioner needs to understand the causes of a disease, a competent turnaround manager must understand the causes of the company's decline.Much like human beings, compani...
Eventually the funds are sent over by the title company and once received are either deposited into the Escrow Account to balance the account, or refunded to a Corporate Advance if the company already...
If you have a checking account, of course you balance it periodically to account for any differences between what's in your statement and what you wrote down for checks and deposits. Many people d...
Accountants are responsible for preparing three primary types of financial statements for a business. The income statement reports the profit-making activities of the business and the bottom-line ...