Blog – Page 25 – Know Your Numbers

Large vs Small Business Accounting: What You Need to Know

Imagine a sumo wrestler and a karate black belt. The sumo wrestler is large and grounded: as stubborn as an immovable boulder. The black belt is lithe and precise, moving almost faster than the eye can follow. Though these athletes...

6 Ways You Use Accounting Every Day (Before You Get to Work)

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...

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...