Jul 22, 2015 | Accounting, Business Insights, Financial Management
There are myriad ways a business can fail: Maybe an entrepreneur didn’t understand his or her customers well enough, there was a breakdown in leadership or there was no set plan for the future. And while all these setbacks are viable threats to a startup,...
Jul 13, 2015 | Business Insights, Tax Tips
The Internal Revenue Service (IRS) has the power to review financials and enforce tax laws that govern all American businesses. These official financial examinations are known as audits, and they can be seen as inconvenient, tiresome, and even scary to some business...
Jun 25, 2015 | Business Insights
Employers generally promote the employees who show that they’re capable of handling a greater responsibility within the company. But sometimes promotions backfire when the employee fails to live up to expectations. This is known as the Peter Principle. In...
Jun 1, 2015 | Accounting, Business Insights, Financial Management
You have to know your numbers. This advice from the hit TV show Shark Tank is crucial. Whether it’s your budget numbers, your overall accounting numbers, or your payroll numbers, knowing what you have to work with is important for making smart business decisions and...
