How to Create Cash Flow Projections and Profit & Loss Statements

Jun 4, 2019 | Audit, Tax

When it comes to making cash flow projections, we’re all aware that it’s not an exact science. One of the main difficulties about accurately projecting cash flow has to do with timing. Examples include factoring in overhead such as payroll; lease or tax payments on...

Most Common Startup Mistakes (and How to Avoid Them)

May 10, 2019 | Tax

As Small Business Week comes to an end, we reflect on the many stages of owning a small business. While there are many business successes, there are unfortunately many more business failures. Various factors, including the type of industry or the age of a business,...

How to Determine a Business’ Health by its Net Profit Margin

Apr 24, 2019 | Tax

When it comes to figuring out a company’s net profit margin, this calculation gives a business and its financial officers a much better picture of the company’s profitability. Defining Net Profit Margin Net profit margin determines the percentage of revenue that...