Day: October 5, 2021

Do you know how to read a profit and loss statement? Do you know what your gross profit margin is and what it means

***Disclaimer: Although this article uses facts and figures from the U.S., the concept still applies to the small businesses in

For some entrepreneurs, putting together your financial statements can seem like busywork. You have a business to run, so can’t

Running a small business can be challenging. With numerous tasks to juggle, from communicating with marketing or finance teams to

Your physician is your go-to expert for your health and wellness. You turn to your mechanic to keep your car

Definition: Accounting principles are the principle, concept, basic, guidance, as well as the rule that use by the accountant to

Making predictions is hard, especially about the future of the economy… and especially in volatile times. A business plan to

Definition: The income statement is one of the five financial statements that report and present an entity’s financial transactions or performance, including

The cash flow statement definition refers to the financial statement issued by a business, which summarises the amount of cash and cash

Follow your passion No matter what your interests and hobbies are, there is a perfect business for you. Starting your