Small Business Archives

What Are the Differences Between Bookkeeping and Accounting?

Bookkeeping and Accounting are part of the same profession and are often confused as the same thing, however they are different activities. Bookkeeping is transactional and administrative record...

Bookkeeping, Small Business, Tax Issues

How to Compare Budget vs Actual

A small business budget is not much use if you do not compare it against actual performance. This classic method of evaluating performance stands as one of the...

Bookkeeping, Small Business, Strategy

PPP Second Draw Details for Small Businesses.

After 2 months of ongoing debate and negotiations, congress and president Trump signed a new stimulus bill which includes a second round of PPP loans. We at CFOshare...

Covid-19, Funding, Small Business

How to Create a Business Budget

We all know we should build a budget – after all, a budget is one of the four essential forecasting tools and a cornerstone of financial planning. But...

Management, Small Business, Strategy

What is Management Accounting?

Strategic business decisions are made from the transformation of financial data into critical business operational reports by managerial accountants. Managerial accounting utilizes analysis tools, key performance indicators, and...

Bookkeeping, Small Business

PPP Round 2 Preview: What’s on Deck for Small Businesses

After 2 months of ongoing debate and negotiations, congress and the president have passed a second round of the Paycheck Protection Program into law. We at CFOshare read...

Covid-19, Funding, Small Business

Your PPP Loan Information is Public

The SBA released loan information for PPP borrowers under $150,000 last night. This information was held in confidence until a federal lawsuit forced the SBA to release the...

Covid-19, Funding, Small Business

What Are Pro Forma Financial Statements?

Pro formas aid startups, investors, and established businesses by modeling the what-if scenarios of the business and the potential profitability. Pro forma financial statements are made up of...

Small Business, Startup

Business Valuation Methods

If you are looking to sell your business, buy a business, raise equity funding, or simply know what your business is worth, it is important to know the...

Small Business

What is a full charge bookkeeper?

Full charge bookkeepers are professionals who are skilled at completing end-to-end accounting for a small to medium-sized business; this is much more than what a traditional bookkeeper is...

Bookkeeping, Small Business

Small Business

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