Before we answer “what is an income statement,” let’s back up a little in case you’re just joining us. In our last post, “3 Most Important Types of Financial Statements Your Business Needs,” we had you stranded on a deserted island. (Go back and take a look…it’s a...
New Business Formation
3 Most Important Types of Financial Statements Your Business Needs
It’s a question that most of us have been asked at a dinner party at some point in our lives: “If you were in a plane crash and stranded on a desert island, what one _____ would you want with you?” In 2005, The Office did an episode titled “The Fire” in which a small...
What is EOS? Helpful Principles and Tools that Make Your Business Grow
Small business owners face an incredible number of challenges every single day. When you’re the founder, the boss, and the heart of your business…solving problems is just what you do. The past year has only added more layers of complexity and difficulty thanks to...
4 Good Ways to Keep Your Data Safe and Secure
A dermatologist in North Carolina has 675 back scratchers. An Italian man owns 8,650 water bottle labels. A British engineer has 137 different types of traffic cones. And I’m willing to bet that you have been building an interesting collection of your own over the...
Why It Matters to Know the Difference Between Employee and Contractor
When it was all said and done, 97 people were arrested, and James Brantley owed them over $600,000 dollars. Before he could pay them back, however, he would have to serve 18 months in an Alabama prison first. Failing to understand the difference between an employee...