Understand your Equity in your business

 Did you know that equity is related to your liabilities and assets? It's the value of your company, and can be calculated by subtracting all your liabilities (like expenses, employees salaries, and loans) from your assets. Understanding your equity is essential for any business owner or investor.

#finance101 #equity #businessgrowth #bookkeeping

Use Cloud-based bookkeeping software

 Bookkeeping Tip: Go Paperless with cloud-based bookkeeping

Large Expenses for Small Business Owners

Bookkeeping tip: Be prepared for large expenses

 

Do you understand your balance sheet?

 Bookkeeping tip: Understand your balance sheet.

What is your income statement telling you?

 Bookkeeping Tip: Understand your Income statement

Prepare a Budget

 Bookkeeping Tip: Prepare a budget at least Quarterly

Keeping track of receipts

 Bookkeeping Tip: Keep your receipts