As a small business owner, it may be admirable to say that you went into business to pursue a dream, make a difference, or even help others. While these are valid and real reasons for running a business, profit is…
As a small business owner, there are different ways that you may measure financial performance. When your expenses are lower at the beginning of your business and clients fewer, it is pretty simple. You look at the amount paid and…
A small business owner should take the initial step with financial management to put a budget in place. A budget outlines the plan for managing expenses in the business. A variance is an indication that there is a difference between…
For many small business owners, the line between business and personal finance is blurry. At the start of the business venture, savings and other forms of personal finance may drive financial operations for the business. At this juncture, it seems…
