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, ...

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 ...

Collect payment on completion of the work. Accept credit and debit cards. Offer a discount for early payment. Require down payments on larger jobs. Negotiate payment terms with your suppliers.

With the right systems in place, small business owners can reposition cash flow management from a constant stressor to a ...

Accrual accounting is one of the primary accounting methods and is based on the matching principle, which dictates that revenues and their associated expenses be recorded in the same accounting period ...

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 ...

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 ...

IMGCAP(1)] CPAs with technology: You have the power to change your customers’ lives. Now, don’t worry, I’m not about to get all preachy on you. It’s actually the title of a white paper I wrote with ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...