Why Cash is King

In financial reporting, investors and business owners tend to focus on four key metrics: 1) revenue, 2) net income, 3) total assets and 4) net worth. But, when it comes to gauging short-term financial performance and creditworthiness, cash flow is what counts. If a business doesn’t have enough cash on

2021-04-12T14:54:38-06:00November 19th, 2019|

3 Financial Statements You Should Know

Successful business people have a solid understanding of the three financial statements prepared under U.S. Generally Accepted Accounting Principles (GAAP). A complete set of financial statements helps stakeholders — including managers, investors and lenders — evaluate a company’s financial condition and results. Here’s an overview of each report. 1. Income

2021-04-12T14:58:04-06:00May 3rd, 2017|
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