How Biden’s tax reforms affect your small business
Information about tax changes the Biden administration is considering leaked yesterday, creating some big headlines in media. “First major tax hike since 1993” according to Bloomberg. As a...
Strategy
Entrepreneurial lessons from $GME and r/Wallstreetbets
Have you been watching r/Wallstreetbets? At CFOshare, my team is excessively entertained by what’s happening with $GME. The $GME short squeeze was unprecedented in financial history, so what...
Wall Street Bets, GME, and the risk of a Retail Bro-pocolypse
The circus of wall street seems a far-ways away from most small business concerns – but are you aware of how this stewing financial crisis may affect your...
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...
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...
Accrual vs Cash Basis Accounting: What Are the Differences?
Let’s all face it – accounting can be difficult to understand, and it’s sometimes as if accountants speak their own language. What exactly does it mean to “write...