5 Common Small Business Accounting Mistakes [Video]
Here are five common small business accounting mistakes. Let’s go through these together. They are in no particular order, but five that I find are very common and happen frequently.
What Is A Reverse EIN Lookup?
If you own a business, you likely have an EIN (Employee Identification Number) that identifies your business. As a business owner, it’s important to know how to look your EIN up, what you can do with it, and how to do a reverse EIN lookup.
Management Reviews for Business Owners
As a business owner you are busy creating your products and delivering your service to your clients and your customers, but do you have time for management reviews? You have to make time to manage your business. As part of our accounting and bookkeeping services there are a few things we provide to business owners to help you stay on track. We can help you to do this along the way so it’s getting the same priority level and attention that you’re putting into your business to create the product or service.
Business Owners- Profit and Loss Statement
Here’s what every small business owner needs to know about the profit and loss statement (P&L). It’s essentially what you make and what you spend to get to your bottom line.
What you make means revenue, sales, and cash inflows. What you spend is what you are buying and what your cash outflows are. Subtracting your outflows from your inflows gets you to a net profit/loss.
For more information for small business owners, be sure to check out:
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