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
If you operate a Canadian small business, you’ll need to file a business income tax return each year. Part of
Inconsistent Information may be your worst tell-tale I had a client a realtor. For the past 5 years she had
Pricing your products and services can be tough. Set prices too high, and you miss out on valuable sales. Set
Financial statements are essentially a small business owner’s entrepreneurial blueprint. Not only do they allow business owners to keep track
“We were always focused on our profit and loss statement. But cash flow was not a regularly discussed topic. It was
