The household balance sheet accounts for current and future assets and cash flows, so that you can judge whether your current assets are sufficient to meet future expected spending. You get one chance ...

Running a successful business requires a lot more than showing up at the office and promoting your products or services. Successful small business owners understand that always knowing where their ...

Previously, we discussed some ways to improve cash flow within a company. This evolved from a question that was posed by contractors on a message board regarding the difference between profits and ...

The set-up of the balance sheet and essential framework are largely the same in a for-profit and nonprofit business. However, basic terminology and account details are different based on the distinct ...

Usually, entrepreneurs launch businesses because they want to turn their passion for something into profit. However, to ensure that a great idea translates into a viable business with growth potential ...

If you’ve ever looked at a balance sheet and immediately wanted to slam your laptop shut, you’re not alone. Most business owners don’t come from accounting backgrounds, and the sheer volume of numbers ...

Companies regularly offer you a snapshot of their fiscal health. Our friend the balance sheet is essentially a snapshot of a company's financial condition at a single point -- often the end of a ...

A balance sheet is a financial report that provides a snapshot of a business’s position at a given point in time, including its assets (economic resources), its liabilities (debts or obligations), and ...

Today’s article is a part of the Forward Thinking Education Series presented by Legacy Bank, the Latino Chamber of Commerce and the Pueblo Chieftain. Webinars further discussing this and other ...