Finance

[Series] What Every Entrepreneur Needs to Know About Accounting – Personal Accounting

What Is Personal Accounting? As an entrepreneur, you need to keep score – not only for your business – but for yourself. Personal accounting is the accounting and bookkeeping you do for your personal finances and is handled a little differently than your business accounting. Knowing these differences and keeping them separate will help you […]

[Series] What Every Entrepreneur Needs to Know About Accounting – Bookkeeping Basics

  What’s The Difference Between Accounting and Bookkeeping? It is a common misconception that bookkeeping and accounting are the same things. While they both have to do with finances, one function of an accountant’s job is providing reports based on findings from work done by a bookkeeper. One of the many tasks a business accountant […]

[Series] What Every Entrepreneur Needs to Know About Accounting – CPA or Controller?

CPA or Controller? Do you need a CPA or a controller? The accounting field is a common occupation for those who want to use their mathematical skills. There are many different career paths within this profession, ranging from entry-level bookkeeping to Chief Financial Officer of a company; however, it’s important that one has the necessary […]

[Series] What Every Entrepreneur Needs to Know About Accounting – What is Bookkeeping?

What Is Bookkeeping? In a nutshell: What does a bookkeeper do? They work all day long and make sure that the company’s finances are balanced by balancing budgets, recording transactions, analyzing cash flows. The accounting department also calculates important metrics like gross margin or net profit for your business. Although their jobs might seem dry […]

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