Good accounting will put more on your bottom line than good sales. So accounting is the first department you should make strong.

How much should you trust your accounting staff? Every year, 1/3 of small businesses suffer accounting theft averaging 5% of revenues.

Here's what I want you to know about cash flow. It's not your net income or loss. Cash flow is explained by the balance sheet. Read on...

Lying in my dental hygienist’s chair the other day, I could feel my body stiffen in fear that her evil cavitron machine with its high-pitched grinding sound ...

I just helped a transportation company with this problem. They increased sales by $1,000,000 in 2018, a 20% increase over 2017, but ended the year with the s...

Our parents told us not to compare ourselves to others. But in business, comparisons are useful. Here are some useful comparisons to identify critical trends...

In Part I of this three-part series, I defined some terms used in this article (click here). By the end of this article, you’ll know how to tell if the produ...

Capital One asks, “What’s in your wallet?” Business owners may feel like “Not enough!” Unless owners and managers know their income statement backwards and...