Tag Archives: Budget

How Your Business Can Survive a Recession

November 17, 2011

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Almost every business will be affected by a recession. If you don’t take the appropriate steps, you will have to file for bankruptcy and close. Fortunately, there are things you can do to prevent it from happening. Focus on customer service. In any business, you have to entertain the customer so he or she will [...]

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Basic Accounting – Income Statements

July 20, 2009

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Income Statements An income statement, otherwise known as a profit and loss statement, is a summary of a company’s profit or loss during any one given period of time, such as a month, three months, or one year. The income statement records all revenues for a business during this given period, as well as the [...]

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THE IMPORTANCE OF financial planning

February 25, 2009

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The Entrepreneur Magazine ’s Calendar for February 2009: Financial planning is a critical discipline that allows you to ensure the financial fitness of your business. Implement the following:

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