In 1994, while living in Dallas, Texas, I went on a mission to figure out why so many small businesses continually struggle with financial problems no matter what they try, or go bankrupt and fail when they offer excellent products and give excellent customer service. I have known for decades that small and medium sized […]
How Your Profit & Loss Accounting Statement Can Help You Increase Sales
What do you do when you get your Profit & Loss Statement (P&L) from your accountant, or when you print one from your accounting software? Do you ignore it, or look at the total income and the bottom line net income and then toss it in a drawer or file folder without analyzing it? If […]
The Downside of Accounting Software For Business Cash Flow Management
The Downside of Accounting Software For Business Cash Flow Management Most business owners have a terrific, on-going, love-hate relationship with their accounting software system. The reason for this, in my opinion, is that accounting software systems actually have a dangerous little myth built into them that is secretly masked as something that is “supposed to […]
