Balance sheets should provide an accurate snapshot of your company’s net worth. But if the financial statements contain bloated asset values, you may mistakenly believe your business’s outlook is rosy when, in fact, the company…

Some losses are inevitable when you decide to extend credit to your customers. That said, unless you are willing to forgo the credit part of your sales, you’re going to have to figure out ways…

Like a bundle of sticks, good business partners support each other and are less likely to crack under strain together than on their own. In fact, companies with multiple owners have a stronger chance of…

You’ve done the hard work. You have a new business idea or you’ve found an existing business to purchase. Want to help ensure your business success? Pay attention to correctly setting up your business’ accounting…

A family business separates itself from other establishments through the passionate workers and unbreakable bond between employees; however, what I’ve learned working in a family business run by my own family is that it can…

Whether you’re a long-standing community business or a new web-based start-up, many of your transactions will be conducted online. While digital transactions and communications can expand your marketing reach and enhance efficiency, they can also…

What is a family limited partnership and why should you consider it as part of your estate planning strategy? Alloy Silverstein Accountant Valentina Efremova explains the basics and the tax benefits of an FLP.   A…

Revenue, gross margin, net profit – these are the basic metrics every small business owner watches closely. But there are also some often-overlooked metrics that can deepen your insight into your business and inform your…