Accounting Reports: What is a Balance Sheet?
Keeping accurate and up-to-date accounting records is a critical part of being a business owner. Your books hold a wealth of information about the financial state of your business that you can use to make savvy decisions. Accounting reports take the data stored in your books and present it in an easy-to-understand format. There are […]
Accounting Reports: What is an Income Statement?
Keeping detailed accounting records for your business is important for many different reasons. For one, your books hold a wealth of information about the financial state of your business. You can learn a lot about your operations and make smart decisions by looking at the right data. Accounting reports provide an overview of important financial […]
How to Set the Right Menu Prices in Your Restaurant
The general principle for running a profitable business is simple. Generate more revenue than you pay out in expenses. This can be accomplished by charging the correct amount for the goods or services your business offers. However, if you own a restaurant, you know how difficult setting prices can be. Your goal is to provide […]