Reading Your Balance Sheet and Income Statement
Sarah Tatum Sarah Tatum

Reading Your Balance Sheet and Income Statement

We get it. Sitting down on a Friday afternoon and staring at a bunch of numbers that just end up merging together isn’t a really great time. The problem is, if you’re wanting to scale & grow your business, you have to understand what all those numbers and accounting phrases mean.

Finances are the most important thing to a growing business and while there are a lot of financial statements that are important today we’re going to focus on two. The balance sheet & the profit and loss/income statement. You can get a ton of info from these two statements so let’s get into it!

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Reasonable Compensation: What, Why, & How?
Sarah Tatum Sarah Tatum

Reasonable Compensation: What, Why, & How?

Thinking about becoming an S Corp? Already an S Corp and wondering if you're in compliance with the IRS? Reasonable compensation is one of the biggest areas for audit. This ebook will help you understand why reasonable comp is so important and how we figure out the right salary for you.

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5 Bookkeeping Mistakes Messing Up Your Revenue
Sarah Tatum Sarah Tatum

5 Bookkeeping Mistakes Messing Up Your Revenue

One of the greatest benefits of updated books is being able to see how much you are bringing in. Unfortunately, one of these mistakes may be affecting your ability to accurately report revenue.

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Monthly Bookkeeping Checklist
Sarah Tatum Sarah Tatum

Monthly Bookkeeping Checklist

One sign of a successful business is successful processes. When establishing your bookkeeping processes consider reviewing this checklist every month.

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