Business Accounting
How to Cut Your Reliance on Credit
Share Companies that budget based on cash flows can avoid fees and charges, decrease their need for external credit, and improve their overall cash position. Many small and midsize businesses continue to struggle with managing...
How to Handle Budget Disputes
Share The way you divvy up your resources can cause tension between departments. Here are tips to help you keep your entire team on the same page. So your company has grown. Congratulations. You’re big enough now that yo...
Are Your Credit Card Bills Out of Control?
Share In order to build a viable business, you need to exercise sound inventory control. Dear Norm, Seven years ago, I started a T-shirt company as a hobby, but I became more serious about it when I saw how well people responde...
Choosing the Right Accountant for Your Business
Share It’s hard to find a good accountant—so hard, in fact, that it has become something of a running joke in the small business world. Here’s how to get the right CPA for your company. Q: What’s the defini...
How to Comply With the New Revenue Recognition Rules
Share When the Financial Accounting Standards Board updated the business accounting rules earlier this year, Apple was quick to embrace them. Here’s a look at how they went about it and why, along with a few tips on how y...
How to Use EBITDA to Value Your Company
Share It’s not the only number potential buyers look at, but EBITDA will give you a solid idea of how they’ll start evaluating your business. Looking to the future, can you envision a time when you might want to se...
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