Aug 23, 2018 | Blog, Bookkeeping, Consulting, Fiscal Performance, Training
We’ve all either done it or know of someone who has. By this I mean starting a new business. Some have gotten into the game by buying or taking over an existing business or by buying into a franchise. Yet others have started it from scratch bringing nothing more...
Aug 22, 2017 | Blog, Bookkeeping, Fiscal Performance
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...
Apr 10, 2017 | Blog, Bookkeeping, Fiscal Performance
In the big scheme of things, all companies need to concentrate on the bottom line. This applies to proprietorships, partnerships and corporations. By “bottom line” we are referring to the net profit or loss on the Earnings Statement or Profit & Loss Statement. ...
Nov 7, 2016 | Blog, Bookkeeping
Back in September I talked about the different types of companies that are commonly encountered in business. These included proprietorships, partnerships and corporations. The proprietorship is owned and often run by one individual while the other two generally...
Sep 1, 2016 | Blog, Bookkeeping, Fiscal Performance
There are essentially three different kinds or structures of companies for business owners or soon-to-be owners to consider. Which one is chosen will affect how the company needs to operate and the implications involved from both a financial and legal perspective. ...
