How to Analyze a Profit & Loss (P&L) Statement
August 11, 2022
The profit and loss statement (P&L) is one of the main financial statements that businesses produce. Understanding how to analyze a P&L statement is critical
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business plan Articles
How to Build a Business Budget: 6 Easy Steps
July 27, 2022
Most people cringe when they hear the word “budget.” They remember when their parents told them they couldn’t have something because “we’re on a budget.”
How to Reduce Labor Costs
July 19, 2022
Labor costs are on the rise. Unfortunately, if not carefully managed, these rising costs can hurt a business’s bottom line. However, with a careful understanding
Basic Accounting for Business: Your Questions, Answered
July 16, 2022
It’s natural to have accounting questions when running a business, but accounting can be a daunting subject (and sometimes more than a little dry). To
Common Accounting Terms You Should Know
July 16, 2022
How often have you ended a call with your accountant feeling more confused than before it started? If your response is a variation of “pretty
What Business Owners Can Do When Inflation is High
July 15, 2022
According to the U.S. Bureau of Labor Statistics, inflation, as measured by the consumer price index (CPI), was up to 9.1% from March 2021 to July