14Sep, 2021

Basic Explanation of an S-Corporation

An S-Corporation sometimes causes confusion as to whether it actually qualifies as a traditionally identified business entity. A person could split hairs arguing both sides, but what is important to recognize is that a business registers with their state as their chosen …

24May, 2021

Understanding the P/E Ratio

In  simplest terms, the P/E ratio is a way to value a company by comparing  the price of its stock to its earnings. This is done by taking the price  of a share of stock and dividing by the earnings …

05Apr, 2021

Cash Basis vs. Accrual Accounting

As a business owner, you are probably aware that there are two main accounting systems: Cash Basis Accounting and Accrual Accounting. However, understanding the differences between them, including their advantages and disadvantages, is not so simple. The primary difference between …

22Sep, 2020

Why I like the Balance Sheet

If you needed to make a quick assessment of a small business’s health, but could only ask a few questions. What would you ask? Everyone will approach this differently based on their own experience. Two potential questions are -“How much …