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Understanding Equity
In financial accounting, owner's equity consists of the net assets of an entity. Net assets is the difference between the total assets and total liabilities. Equity appears on the balance sheet (also known as the statement...
How Can Reducing Overhead Boost My Bottom Line?
Some expenses, such as wages, may be either a direct cost or overhead. For instance, in a manufacturing business plant worker wages would be listed under “Cost of Goods Sold” as a direct cost on the Profit and Loss Report whereas office wages would be an overhead...
Wages & Overtime
List of issues that small businesses may face – Family help – hiring family members - https://www.irs.gov/businesses/small-businesses-self-employed/family-help Salaried employees and overtime – https://www.dol.gov/whd/overtime/final2016/ Terminating employees –...
Business By The Books
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Questions Small Business Owners Should Be Asking
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Better Business Through Technology
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Business By The Rules
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Archived Blog Posts
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