April 2010
What do you want to be when you grow up?
If you know the answer to this question then you have figured out your passion and purpose in life, and are probably pursuing it. However, if you do not know what you want to be when you grow up you are not alone.Read More >>
Cash vs Accrual – Which Accounting Method Works for You?
One of the main differences between the cash and accrual methods of accounting is when revenue and expenses are reported. In a cash method, revenue is recognized when money is actually received and an expense is posted on the date it is paid. This method is used often by service businesses because they do not typically carry substantial inventory. There are some businesses that cannot use a cash method. Some examples are:
* A corporation (other than S) with revenue exceeding $5 million
* A business that carries inventoryRead More >>
Money and garden mastery
Money mastery like garden mastery takes a commitment. Your financial garden takes planning, focus, resources, research and patience.Read More >>
The dinner team
As a business owner, you probably have at least one major systematic breakdown. Chances are that you can solve it without capital or adding a new team member.Read More >>