,

Cash is King, Except When It Isn’t

Person counting hundred dollar bills in hand
As Benjamin Franklin famously wrote in 1789, “Nothing can be said to be certain, except death and taxes.”  No matter the size, all businesses must report their annual financial results to the IRS.  For a significant number of companies, the choice is made to file tax returns on a cash basis; if you make or spend the cash during the year, it goes on the return. … Read More
,

Financial Statements – Why They Matter

For a number of business owners and management teams, financial statements are reviewed infrequently. Entrepreneur complaints about financial statements, such as “they aren’t accurate” or “they don’t tell me anything about my business”, are frequent. While understandable, this is a big lost opportunity.… Read More