Month: June 2021

As a business owner, you need to know the different accounting activities under investing and financing. These activities include secured transactions, loans, and equity investments. Keep reading to learn more about these essential concepts and how they can impact your business. Investing Activities Investing activities are those that involve the use of a company’s cash… Continue reading What Every Entrepreneur Needs to Know About Accounting – Investing and Financing Activities

The idea of depreciation is a strange one to grasp. It’s an expense you don’t see but plays into your business. Like the plot twists in Lost, this unknown factor can be frustrating and make no sense until we understand its purpose! As a business owner, it’s essential to have a basic understanding of accounting… Continue reading Depreciation – Critical Elements You Need To Know

The price you’ll pay for business growth lags behind the effect of cash flow. Managers and investors need to understand that increasing sales without expanding their accounts receivable isn’t a realistic scenario for revenue growth. In the real world, enjoying increased earnings without incurring additional costs is impossible. What are prepaid expenses, and why are… Continue reading Prepaid Expenses – Critical Things You Need To Know