YoungUpstarts

AUGUST 9, 2018

by Krystal Russell, CPA at LYFE Accounting. With accounting, you can properly track your company’s sales, expenses, profits and cash flows. Entrepreneurs sometimes get too wrapped up in covering monthly expenses or meeting a specific revenue figure. Apart of being a successful entrepreneur is wearing many different hats.

CPA 100

CPA Balance Sheet Software Review Finance 100

Duct Tape Marketing

NOVEMBER 16, 2023

One is you should have an outside, I mean, obviously there are a lot of people that hire CPA, but they really just say, here's my stuff for the taxes in a lot of cases. And so typically owners are busy, they look at the p and l, but they don't look at the balance sheet or they don't look at a cashflow statement.

Michigan 74

Michigan CPA Small Business Hiring 74

Small Business Force

FEBRUARY 21, 2014

This doesn't mean you have to become a CPA or go take a boatload of accounting courses, but, at least, learn to understand what's in a basic income statement and balance sheet and what they mean. Follow the "gospel of cash flow" and it starts with revenue generation. This is more than just revenue or expense.

Finance 37

Finance Management Forecast Entrepreneur 37

YoungUpstarts

DECEMBER 8, 2020

Bookkeeping is a critical responsibility since you are recording all day-to-day financial transactions, including receipts, sales and payments to people, vendors and other companies. You will bring the books to the trial balance stage where an accountant (or you) may prepare the income statement and balance sheet.

Cost 246

Cost Balance Sheet Management CPA 246