⏱️ 2 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ Many small business owners find themselves asking, “Why is it important to separate personal and business finances?” This is an important question that can safeguard your business’s financial health and make your life much easier.
⏱️ 2 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ In business, the “top line” refers to a company’s total revenue or gross sales. It’s called the top line because it’s the first line item on an income statement. The “bottom line,” on the other hand, refers to a company’s net income or profit. It’s the last line item on an income statement, hence the name.
⏱️ 4 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ Creating a financial projection helps you to develop a strategy and contingency plan for twists in the road.
⏱️ 2 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ In the fast-paced business world, understanding your financial health is crucial for long-term success.
⏱️ 2 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ The allure of dipping into company funds for personal use can be tempting, especially for small business owners who often juggle multiple financial responsibilities.
⏱️ 3 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ As a fractional CFO and strategic accountant, I’ve seen firsthand how effective cash management can be the lifeblood of any organization. It’s not just about
⏱️ 2 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ For entrepreneurs steering their small businesses, bookkeeping might sound boring and unnecessary. This article will explain why maintaining accurate books is so important to small business success.
⏱️ 2 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ Running a small business isn’t easy. There are endless decisions to be made, budgets to balance, and people to manage. When it comes to finances,
⏱️ < 1 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ Read the latest Thryve tidbits from October 2023
⏱️ 2 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅ Guide to pricing your offerings to maximize customer satisfaction and profit.
