How much is your franchise actually worth: Balance sheet versus income statement
Just knowing dollars in, dollars out, and what’s left over every month won’t tell you what your company is actually worth. To do that, you need your balance sheet to show you the big picture.
INFOGRAPHIC: Why Franchise Owners Should Care About Cost of Goods Sold (COGS)
For small businesses who run on tight margins, checking cash flows regularly (monthly) is critical. You need to know if your everyday operations are generating enough money for you to basically stay in business. If you’re running low on cash, you might want to check it more frequently.
Top 10 Tax Mistakes That Are Costing You Money and How to Avoid Them, Part 2
Making one of these ten common tax mistakes could be costing you money. Find out what they are and how to avoid them in part two.
5 Ways to Get Your Books on Track for Year-End
Don’t have your books ready? Follow this 5-step plan to get your business’s finances organized before year-end.
Do You Know What Should Be In Your General Ledger?
Maintaining a general ledger the right way is key to achieving a financially healthy business. Learn how to do that with these helpful guidelines.
The BIG Small Business Tax Change You May Not Know About
A recent Supreme Court decision is bringing big tax changes — and challenges — to small businesses that sell online. Here’s what you need to know.
Sales Tax Basics: Are You Charging and Paying Them Accurately?
The process of determining what sales tax to collect from your customers can be complicated. Find out how to handle them correctly.
The Top 5 Emerging Technology Trends in Accounting and Bookkeeping
Emerging technology trends are changing accounting and bookkeeping for the better, but how can your small business take advantage of them?
Top 5 Reasons Why Good Franchisee Bookkeeping Should Matter to Franchisors
As a franchisor, you want to give your franchisees all the tools they need to succeed. But if they don’t have good bookkeeping, they may be missing out.
6 Things Franchisees Can Ask for from Their Franchisors
As a franchisee, you can expect a certain amount of help from your franchisor. Here are 6 things to ask for when you sign on.