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When was the last time you used accounting in your daily life? Was it last year, when you did your taxes? Last month, when you paid your bills? Yesterday, when you bought lunch at the salad kiosk? Nope. The last...
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Life moves fast when you’re running a business. Mistakes are inevitable. If you miss a meeting because you’re double-booked, you can usually reschedule. If an employee quits, you can use those twisty gears in your noggin to figure out how...
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Let me tell you a story you might relate to. It was seventh grade, and we’d been assigned a group project about economic structures in ancient Rome. A group project. And the day it was due, Tyler friggin’ Carleton didn’t...
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Amongst a flurry of paperwork that a business owner reads, sorts, and misplaces in a given quarter, there are three fundamental financial documents you’ll receive from your accountant. We’ve written before about the Balance Sheet and Income Statement. But your...
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Rarely does the jargon of accountants and business finances permeate popular culture. We have yet to hear a rapper drop a clever rhyme about accelerated depreciation (though hope springs eternal). Still, there is one notable exception: “the bottom line”. There’s...
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