Many small businesses start off strong with a solid business plan, an impressive product, sufficient funding and a growing customer base. Then, somewhere along with the way, the business stalls, ...

The most critical business information that accounting software stores includes financial records, payroll data, banking ...

Goodwill is an accounting measure of a business's popularity and strength in its market. While goodwill's value on a company's books may be decreased due to market conditions, the only way this asset ...

Cash flow is essential to running a successful business. As a business owner, you need to have a good read on your company’s fiscal health; cash flow statements can help you with this. These reports ...

There are numerous options when it comes to choosing accounting software for your small business from simple free programs through to powerful paid-for solutions.

One of the toughest rites of passage investors go through is learning how to navigate financial statements. In particular, understanding the difference between accounting income and cash flow is a ...

Net income and free cash flow are related but are not the same measure. Net income represents a company's accounting profit, whereas cash flow presents whether a company's cash balance increased or ...

Cash flow management is an indispensable aspect of any business looking to achieve success and profitability; however, many small business owners have very little cash on hand. In fact, according to a ...

Service accounting and product accounting refer to the practices businesses use to record and track the professional services and tangible goods they buy and sell, respectively. While service ...

Complementing the balance sheet and income statement, the cash flow statement, a mandatory part of a company's financial reports since 1987, records the amounts of cash and cash equivalents entering ...