Blog – Page 24 – Know Your Numbers

Why Commingling Expenses Can Ruin Your Small Business

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...

Why Failure to Delegate is Stalling Your Business’ Growth

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...

3 Signals from your Cash Flow Statement You Can’t Ignore

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...

3 Critical Insights Your Income Statement Can Give You

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...

Four Urgent Questions Your Balance Sheet Can Answer

As a business owner, your accountant will likely provide you with several different types of financial statements. One of these is the “balance sheet”. Rows and columns of numbers will be displayed neatly next to their particular category, and given...