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Financial Statements




Soon it will be that time of year once again when most companies are closing their books. The company owners will either be partying or nursing their wounds. In any case, we as small business operators usually have some checking and tidying and decision making to do. Thanks goes to Universal Accounting School for this list – […]

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One small thing that might make the business world just a tiny bit better is all of us agreeing how we measure growth.  I hesitate to wade into this subject because so many people have so many definitions. *Source: Tim Berry at Small Business Trends And you’d think it was obvious, but then suddenly I […]

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In about 90 days everyone in the world will share something in common: We will all say good bye to 2011 and bring in the 2012 New Year. For many if not most, that means a party, and (new) unfulfilled New Year’s resolutions. This is seldom something most people need to plan and prepare for. […]

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Your business statement of cash flows is the key most crucial, the least-used, and the poorest understood of the primary financial statements (P&L and balance sheet being the other two).  Because many entrepreneurs use QuickBooks, we think its important to understand what  must happen to get the most accuracy from this key report. By setting […]

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