profit and loss Archives

How to Boost Your Startup’s Profitability with This Old Improv Trick

Where does revenue come from? And how can we make more of it? When you’re building a business, everything comes down to these two questions. The more specifically you can answer the first, the more...

byLauren Balik

October 6, 2021

In a Financial Rut? Here’s How 3 Creative Business Owners Mastered Money

Do you dislike dealing with the financial side of running your business? You’re not alone. Many entrepreneurs go into business to do something they are good at, or to fill a creative void. Spending time...

byGerri Detweiler

September 16, 2020

5 Productivity Tips to Prepare for a Summer Slump

If you stop to think about it, is your business cyclical? Do you have some months or times of year where business is booming, and others where it all but grinds to a halt? For...

bySusan Guillory

July 5, 2019

4 Things You Need to Know Before Applying for Your First Business Loan

You had an idea and you turned that idea into a new business. Congratulations! But as you work to get your dream off the ground or grow in new areas, you find yourself in need...

byMeredith Wood

August 1, 2018

Why It’s Important to Keep Your Business Plan Flexible

Having a business plan was once thought to be the roadmap to entrepreneurial success. Its purpose; to lay everything out on the table, including what your company does, its objective and goals, how to market...

byBen Walker

April 4, 2018

4 Budget-Friendly Accounting Tools for Entrepreneurs

Small business accounting tools can be a lifesaver for all entrepreneurs. Let’s be honest: accounting and bookkeeping are not only the most tedious task for owners, but it’s also your least favorite task. So, if...

byNicole Walters

March 27, 2018

How to Tackle the Financial Portion of a Business Plan

If you’ve ever drafted a traditional business plan or a lean startup plan, you know that it’s highly important to outline your startup’s finances. Traditional business plans require financial projections (what the cash flow looks...

byMyCorporation

March 22, 2018

What Cloud Accounting Software is Right for My Business?

Before the arrival of cloud accounting, software options were traditionally rather cumbersome and generally more suited to larger organizations. This type of software makes it easier for entrepreneurs to manage their finances, however, and lets...

byDavid Tattersall

March 18, 2018

Stay on Top of Business with This 10 Step Checklist for Your Startup

For entrepreneurs, July is a great time to assess how the year is shaping up, make adjustments that boost revenue or reduce expenses and take advantage of new opportunities. But how do you get started...

bySteven Cohen

July 27, 2017