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      Business

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      16Nov, 2021

      Protected: eCommerce Payments Analysis (contact anna@virtualprof.com for access)

      There is no excerpt because this is a protected post.

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      08Nov, 2021

      What is Owner’s Equity 

      Occasionally a small business owner, when asked about how much equity they have in their company, responds with their bank account balance. But this is not equity.  As an owner of a business, it is good to know your total equity in your company and how it is calculated. Your equity …

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      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 …

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      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 …

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      22Feb, 2021

      The P&L Statement – Critical to a Company’s Success

      The Profit and Loss (or Income) Statement is one of three financial statements every public company issues quarterly and annually (the other two are the balance sheet and the cash flow statement). Of the three, it is often the most …

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      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 …

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      21Jul, 2020

      Three Vital Business Reports

      Business  reports are not the most exciting or glorious topic, but creating and  understanding your financials through three standard business reports,  and how they work together, is vital to your business’s success. They  can help you make critical business decisions …

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      07Jul, 2020

      Confused by the IRS Forms Needed for your PPP Application?

      In  the current uncertain environment, many small companies are relying  upon government loans and grants that became available through the economic stimulus (CARES) act. One potentially helpful loan for small  businesses is the Payroll Protection Program (PPP). According to the …

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      21Apr, 2020

      Why a Cash Flow Projection is Important

      Whether you have an established business or are a relatively new business owner, one key to making your business successful is understanding and knowing your cash flow. For small business owners, it can mean the difference between being successful or …

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      01Apr, 2020

      20 Basic Business Terms

      Regardless  of what your business entails, there is one thing that all companies  have in common, and that is money. Even a non-profit business has to  track their funds. Some business owners embrace handling their finances,  and others would rather …

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