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...
Strategy
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...