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The Waiting Game

The Waiting Game

In this blog I’m going to discuss a major challenge for many businesses – the whole issue of receivables and payables.  Many businesses operate on a pay-as-you-play basis where they are paid immediately for products and services that they supply.  Most retail...
Financials on Balance

Financials on Balance

A few months back I talked about the Profit & Loss Statement in a blog about allowable write-offs.  This time around I’m looking to explore the second major statement for many companies – the Balance Sheet. Proprietorships and partnerships are only required...