The path to small business success is smoother when you are in control of your spending. As you work through the everyday challenges that are a part of running a business, it’s important to avoid slowing your momentum as a result of wasting resources. Efficient...
So you’ve made the exciting decision to open a salon… What’s next? We’ve developed a guide to help answer that question, taking you from your initial idea to opening day and beyond, covering everything from market research to business management essentials. Whether...
There are several financial statements produced by businesses to indicate their financial health: the income statement, balance sheet, and cash flow statement. A cash flow statement reflects the actual amount of cash a business has on hand, helping to assess the...
AI. It’s constantly in the headlines, generating buzz on a daily basis as more and more companies embrace this technology and leverage it to meet the needs of their customers. But beyond the usual buzzwords and lofty theories about the future of technology, how can AI...
A cash flow statement is one of the primary resources used to assess a business’s financial performance, and you can prepare it using either the direct method or the indirect method. Because the indirect method utilizes existing financial documentation, it is...
There are more than a few ways to make a business purchase, whether you’re buying office supplies, inviting a client for coffee or paying for gas during a business trip. Instead of carrying cash that can be lost or stolen and having to save receipts (and deal with...
