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Every business owner dreams of increasing profits without spending a lot. The great news is that you don’t need huge investments or big changes to

You’ve probably heard your accountant say something like, “Let’s debit this and credit that,” and wondered, why does it sound so complicated? Don’t worry. You’re

Your brilliant business idea needs solid financial foundations to survive. Many new ventures fail in their first year, not because their product is bad. Instead,

Let’s be honest, most small business owners don’t get excited about paperwork. You form your LLC, get your EIN, open a bank account, and think

A contribution format income statement separates variable costs from fixed costs to show the contribution margin the amount of sales revenue available to cover fixed

When a company buys another business, the purchase price is often higher than the fair market value of the company’s assets.That extra amount the part