Simplify your income statement as a small business by differentiating between profit and cash flow so you can make informed financial decisions for long-term success.
Read MorePatrick Accounting has helped small businesses with bookkeeping and strategic tax advisory services for over 20 years. Here’s what we can do for you.
Read MoreIn last week’s blog, we talked about what to look for in accounting software. With so many software products out there, it can be pretty overwhelming as a small business owner to figure out which one is best for your needs. And with an actual business to run, do you really have time to wade…
Read MoreThis is part four in a series of blogs we’ve created to help you, the small business owner, be able to better wrap your head around your essential financial reports. So far we’ve covered: Blog #1: How to Make Sense of Your Most Important Financial Statements (an intro to the series) Blog #2: How…
Read MoreIn last week’s article on understanding your most important financial statements, we kicked off a series of articles to help you, the small business owner, confidently understand your basic financial statements. We used the illustration of learning to ride a bike to show that even though learning how to read your numbers can seem daunting,…
Read MoreUnderstanding your financial statements is crucial for making good business decisions Many business owners avoid their financial statements because they lack the time to figure it all out There are three financial statements every business owner needs to understand We’ll help you get a better understanding of your statements so you have greater clarity in…
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