It’s common to own a business but to feel like your business finances are completely foreign to you. Don’t worry, Revenued’s Business Finance content is built with the every-day business owner in mind. We want to help educate you on the basic building blocks to financial business health.
Tracking how money coming into and going out of your business is vital
Along with your blood, sweat and tears, making sure your business is financially successful takes a lot of planning and number crunching.
Whether you’re a veteran small business owner or just starting out, we can’t emphasize enough just how critical business forecasting is for your short-term and long-term prospects.
Calculating financial forecasts can guide your actions and optimize your performance, setting the stage for further growth and success. But do you have an effective system in place to make these predictions?
A financial statement demonstrates how a business has utilized the funds it has received from stockholders and lenders. In this way, these statements speak volumes about the executive strategy and offer a sense of transparency for those who have infused their own funds into the business' mission.
Here we'll give you a bit of insight into what small business tax rate you’ll be facing next tax season. In light of the Tax Cuts and Jobs Act of 2017, it’s no surprise that businesses are facing some changes when it comes to their tax filing this season.