Good business accounting practices begin with understanding the difference between assets and liabilities. A typical balance sheet contains two columns: one for assets and another [Read More…]
Financing is an important step to launching and operating a business. By definition, a business is a person or entity that sells products or services. [Read More…]
Statistics show that the average cost of starting a new business in the US is roughly $65,000, according to a Babson College study. Of course, [Read More…]
Asset turnover is a financial metric that reveals a business’s sales relative to its total assets. Whether a business sells a product or service, it [Read More…]