Articles

How to Analyze a Profit and Loss (P&L) Sheet

If you run a business or handle accounting for a company, it's essential that you have a good grasp on where your organization stands financially. One of the most important tools for doing that is a profit and loss (p&l) sheet. By learning how to update and analyze...

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Essential Financial Ratios for Small Businesses

If you run a small business, you know that it's important to have a good understanding of numbers. Financial data related to your business can help you understand how you're operating, and what changes you need to make in order to improve your performance. If you want...

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5 Tips for Proper Handling of Credit Card Information

Payment Card Industry (PCI) compliance isn't just a standard, it's your responsibility as a business owner. The majority of consumers prefer to pay with a card, and nearly 70% will stop doing business with a company that has suffered a security breach. If you want to...

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6 Steps to Stop Late Payments

No one likes to wait on receiving a payment. It’s a major pain point for many companies, large and small. Learn how to get paid on time and stop wasting your valuable resources on pesky reminder calls and emails with these six steps to stop late payments.   1. Track...

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Basic Accounting for Small Business

Handling your own accounting can be a ton of work. But if you want to get it done, there are some basic accounting principles every small business owner should be aware of. Consider these key aspects of basic accounting for small business: What is Accounting?...

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Top Internet Security Threats For Small Businesses

Small businesses are an attractive target for cybercriminals. A study by Allianz Worldwide Partners found that 56% of small businesses in Australia are not sufficiently protected against attacks. Here are the top internet security threats that could face your company....

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How to Streamline Your Invoice Processes

Do you spend a lot of time putting together invoices and getting clients to pay them? Your current process could use refinement so it's as efficient as possible. You can improve your business revenue once you recapture this time. Here are a few ways to make invoicing...

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