Cash Flows, Explained
Cash flow is the amount of money coming in and going out of your business, but there’s more to it than that. More money coming in than going out is a positive cash flow, but that doesn’t mean you’re profitable.
Document Retention Guidelines for Business Owners
Document retention describes the way a business stores and uses data, and for how long it is maintained. In many cases records are required to be retained for tax or legal reasons, but most businesses will also have operational reasons that make it worthwhile to take the time to define your strategy for what to keep, how, and for how long.
A Primer on Exit Strategies
Starting a business can be wildly exciting. Running a business can be a truly fulfilling experience. But what happens when it’s time to wrap things up? There are a multitude of options out there for winding down your involvement in your business.