Blog

June 15, 2023 | Read Time: 4 minutes

The accounting equation is the foundation of every financial transaction in any business, regardless of its size or industry. Understanding this equation is crucial for anyone interested in finance, from small business owners to accounting students and professionals. The equation is a simple yet powerful tool that provides a clear picture of a company’s financial…

May 2, 2023 | Read Time: 6 minutes

When you run a product-based company, managing your margins is essential to ensure that you are making money on each sale. Knowing how to keep and control your profit margins can make or break your business, so it’s important to understand all aspects of it. In this blog, we will discuss the importance of margin…

April 3, 2023 | Read Time: 6 minutes

Managing your finances can be a daunting task. It’s easy to get lost in the numbers, particularly when you’re running your own business. Many entrepreneurs, especially those just starting out, make the mistake of intermingling their personal and business finances. However, this can lead to confusion and make it difficult to manage your cash flow…

February 27, 2023 | Read Time: 6 minutes

For small business owners, cash flow management can be a complex and challenging concept. With a myriad of expenses, investments, and other financial obligations to manage, it is vital for small business owners to understand the principles of cash flow management in order to ensure the financial health of their business. Without an understanding of…

January 18, 2023 | Read Time: 6 minutes

Many small business owners spend more time balancing the books than all the other responsibilities that come with being the boss. Do you think you need a bookkeeper?