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Business Building
Cash Flow Analysis 101: What it is and how to do it
A cash flow analysis allows businesses to understand their financial health and adjust accordingly. Put this practice in place to ensure that your business remains a powerful presence in the marketplace long-term.
Business Building
What Is a General Ledger, and Why Do You Need One?
To run your business smoothly, it’s crucial to have a working understanding of your company's assets, liabilities, revenues, debts, and expenses. The ideal tool for that is a general ledger, which enables you to track those metrics and provides a baseline for your financial reporting.
Business Building
Converting Your LLC to an S Corporation: Pros, Cons, and How-to Guide
Here are some tips to help you understand why, how, and when to convert your LLC to an S Corporation.
Business Building
Why Should You Convert Your Sole Proprietorship to an LLC?
The type of business you run and how you operate will determine whether a Sole Proprietorship or LLC is right for you. Here’s why you should consider making the switch.
Banking 101
How to Create a Small Business Balance Sheet
Here’s everything you need to know about balance sheets, including why you need one and how to make one.
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