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Income Statement as a Small Business

How to Understand Your Income Statement as a Small Business

By Matt Patrick / March 15, 2024 / Comments Off on How to Understand Your Income Statement as a Small Business

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.

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How will my financials improve with Patrick Accounting?

By John Dean Swift / July 28, 2023 / Comments Off on How will my financials improve with Patrick Accounting?

Patrick Accounting has helped small businesses with bookkeeping and strategic tax advisory services for over 20 years. Here’s what we can do for you.

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Top 3 Small Business Accounting Software Options Compared

By Matt Patrick / September 26, 2018 / Comments Off on Top 3 Small Business Accounting Software Options Compared

In 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…

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How to Understand Your Cash Flow Statement

By Matt Patrick / August 21, 2018 / Comments Off on How to Understand Your Cash Flow Statement

This 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…

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How To Understand Your Balance Sheet

By Matt Patrick / August 14, 2018 / Comments Off on How To Understand Your Balance Sheet

In 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,…

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How To Make Sense of Your Most Important Business Financial Statements

By Matt Patrick / August 7, 2018 / Comments Off on How To Make Sense of Your Most Important Business Financial Statements

Understanding 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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