Managing Finances

One of the most important lessons entrepreneurs have to learn, often painfully, is that cash really is king. I'm not talking about paper money -- I'm talking about cash flow. Simply put, it doesn't matter how much money is coming in the future if you don't have enough money to get from here to there.

A financial statement is more than just a snapshot of your business’ health that you provide to shareholders or potential investors: It’s also a powerful diagnostic tool business owners can use to evaluate their firm’s strengths and weaknesses and chart the way forward.

Handling the payroll can be confusing and time-consuming, although knowledge of the basics and special software can help simplify the process. As your business grows, at least one of your employees should take on the responsibility of payroll management, or you can look into the cost-effectiveness of outsourcing the job.

It’s your first year in business, and tax time has arrived. How does the new business owner prepare for getting those returns filed accurately, timely and achieving the most favorable results for the business?

A CPA offers five year-end tips for entrepreneurs that could save them thousands of dollars.

A small business CPA warns entrepreneurs to set up their corporate entity at the outset of their business, not once things are motion.

Intuit introduces new version of Quickbooks to help small business owners manage time

A CPA offers advice on how to make the best decisions for small business tax planning at the end of the year.