Finance

Hey there, business owners! Ever wondered why the money you see on your profit statement isn’t the same as the cash in your bank? Let’s dive into it. 1. The Basics: Accrual Accounting Most companies, including yours, use something called accrual accounting. It’s like keeping score in a game. Just because you scored doesn’t mean …

How to Make Sense of Your Company’s Cash Flow Read More »

Hey there, business owners! Ever felt like financial jargon is like a foreign language? You’re not alone. I’ve met loads of business owners who get tangled up in money talk. So, let’s break it down and make it as easy as pie. Sales = Revenue: Think of this as the ‘top line’. It’s the cash you …

Let’s Talk Money Lingo. Read More »