Do you know how to understand your numbers in a meaningful way? Do you understand the terminology? Do you know your break-even point and is there a company budget in place? Every owner should be able to determine the strengths and weaknesses of their finances by reviewing the numbers of their financial statement. Your financial…
Business owners always ask us what they need to know when they look at their financial statements. What does this piece of paper tell me? What does it mean to me? How is my business doing? Sometimes it feels like they are asking you to tell them how to run their business. The challenge so…
Running a small business can be challenging, and for this very reason you as a small business owner must have a team of advisors to surround yourself with. The advice and guidance you receive from others in managing your business will impact the business decisions you make. This team is called the 5 Star Alliance…
Starting your own business can be exciting, but it also presents some challenges. Having the proper tools and skills in place will help you map out how to start and run a successful business. Seeking advice or getting professional help is a great first step, especially if this is your first business venture. Accountants and…
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