Author: Kathryn Pomroy

Small Business

What is cash flow? An in-depth guide for business owners

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Cash flow is the movement of money in and out of your business and your business bank account. Think of cash flow like your car’s gas …

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What is net income & how does it affect your bottom line?

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If you’re in business, you know there are dozens and dozens of accounting terms that relate to the financial health of your small business. At first, …

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Everything you need to know about income statements

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An income statement, also known as a profit and loss statement (P&L), is one of several key financial statements that small business owners, accountants, and the …

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Balance sheets: A complete explanation & free template

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Every business owner has a finite amount of time, and a successful manager uses their time wisely to carve out a better financial position for their …