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What does bad credit have to do with business loans? We discuss it all here. Business owners can qualify for business loans with bad credit. They will just be held back to the loan amount given. Read More

If you have a job that takes you around the world, such as being an airline pilot or working on a cruise ship, you might find yourself stuck with a very complex tax return that requires very specific records.
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As an owner of a small business, your understanding of the Profit and Loss Statement, or P&L, is absolutely crucial. The P&L is an important tool for all small business owners to possess, utilize, and maintain on a regular basis.

By the end of this article, you should begin to comprehend how abs Read More

Accounting is and always will be a critical function of the savvy business owner, but accounting doesn’t have to be a nightmare or something to dread. It just takes a little perseverance and planning to ensure that your records are as accurate and complete as possible. Read More

Ever since the Recession, the business financing industry has exploded with options, forcing small business owners to make numerous decisions along the way. While some of these options are beneficial, many have led good businesses into financial ruin. Read More

No matter how much you love the work you’re doing, you can’t afford to do it for free. Learning how to manage your freelance finances early on will help you establish a more consistent income and ride the ups and downs of the freelance roller coaster without too much financial strife.
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If my son ever has a taxable investment account, and he earns money from dividends or interest while he’s still a dependent, we might be subject to the kiddie tax. Read More

According to basic accounting principles, inventory and fixed assets are both treated as assets on a company’s balance sheet. As a result, many people have difficulty understanding why the business systems for managing the two types of assets must provide such different capabilities. The answer lie Read More

Most schools don’t teach us one of the most important lessons in life, the art of managing our money. Here are some basic suggestions in what you can do to make your income more productive. Read More