[Series] What Every Entrepreneur Needs to Know About Accounting – Making A Profit

  As an accountant, you are responsible for preparing three primary types of financial statements representing a business. The income statement reports the profit-making activities and bottom line profits or losses generated by your company over specified periods of time. The balance sheet is a snapshot of the company’s financial position at one point in […]

[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 […]

8 Things That Will Screw You Out Of Unemployment Insurance Payments

If you suddenly find yourself without a job, don’t worry! You may be eligible to receive unemployment benefits. Most people believe that you’re ineligible for these payments if you quit your job, but this is not always true. Keep in mind, though, and there are certain things- like quitting before the end of an agreed […]

[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 – What Is Profit?

What Is Profit? Profit is one of the many terms you’re going to hear when it comes to running a business. It’s important for everyone who has an interest in owning or working at their own place, no matter what they sell or do where that may be READ MORE HERE!

[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 […]

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