Financial statements are key to understanding the underlying drivers of a business—i.e., how your business is growing, what the margin profile is, how much cash it is generating and using and from ...

In a small business cash is king. Cash is needed to pay bills, make payroll, and meet other short term obligations of the business. Obviously, profit is important also. However, you can be profitable ...

Discover the differences, advantages, and drawbacks of single-step vs. multiple-step income statements for better financial analysis.

If you’re on the board of a nonprofit, or hold an executive position at one, it is your duty to understand the organization’s finances. And if you fail to do so, you could be liable for financial ...

How to Read Financial Statements: A Practical Guide for Understanding Numbers Your email has been sent Learn how to read financial statements with simple tips that help you spot trends, connect ...

Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the potential implications of each for investors.

HOW MANY TIMES have you or one of your competitors uttered the following phrase? "I wish my business was more profitable, I want my business to be more profitable." If I had a dollar for every time I ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Financial statements are critically important for ...

Southwest Colorado Small Business Development Center and TBK Bank will sponsor a two-hour workshop, “Understanding Your Financial Statements,” from 9 to 11 a.m. Monday at the TBK Bank, 259 W. Ninth St ...

ADD IT UP: Numbers tells a story, either good or bad. Contractors need to know that story in order to make decisions. June 8, 2020 When small businesses raced to access Payroll Protection Program (PPP ...

Audited financial statements are prepared in accord with generally accepted accounting principles, or GAAP. Similar to a company's budget, audited financial statements are used to measure business ...

In today’s complex and ever-changing economic environment, financial literacy has become more than just a valuable skill — it is a necessity for business owners. Whether you are a seasoned ...