Readers Ask: Overhead vs. Cash?

The bottom of your P&L shows profit—not cash. Remember that profits are not cash. Only the interest payment for loans is covered in overhead. There are also some non-cash expenses such as depreciation in overhead.
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7 Ways to Protect Your Home-Based Business

Just because you manage your company from your family room doesn’t mean you should approach it too casually. You still need to consider the health and well-being of any employees, subcontractors and clients; safeguard expensive equipment and important data; and maintain a professional image to your clients.
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10 Terrific Tips for Online Invoicing

An invoice is sometimes the last contact you will have with a client after you have finished a sales transaction. A company’s invoice should be detailed, easy to understand, and professional. One great method for ensuring your invoice is an accurate reflection of your business is using an online invoice provider with expert looking invoicing templates and easy to use forms.

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Writing Off Automobile Expenses 101

Now that you have started your business, you’ve heard you can write off automobile expenses. So are you ready to buy that luxury sports car and write off the costs of driving around town and run errands?

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Using Quickbooks for Property Management

Running a property management business is no easy task. The good news is that Quickbooks makes accounting for property management businesses fast and painless. To learn more about how you can use Quickbooks to account for all of your property management transactions, keep reading.
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Why an FDD Should Be Your Guiding Beacon

With over 3,000 choices of franchise concepts in the marketplace today, your options for owning your own business are limitless. But not all franchises are created equally. So, how will you be able to gain the necessary piece of mind that the opportunity you intend to pursue is legitimate?
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An Overview of Traditional Financing

When you’re looking to raise funds to start or grow your small business, the usual place to start is the bank. Bank financing is a tried and true source of capital for many small businesses. Traditional financing will generally provide the most affordable, if not the easiest, access to the funding your business needs.
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Keeping Track of Sales

Being in business requires that you keep great accounting records both for the IRS and general financial management. An equally critical tool is a good sales tracking system that monitors your sales activities and makes sure potential sales are not lost in the hustle of each day.
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