As far as accounting goes, straight-line depreciation is a straightforward calculation for small business accounting. Be sure to focus on getting the right numbers to ensure accuracy. This will help solve problems and avoid raising questions with your investors and stockholders. Physical Assets Straight line depreciation is best suited for the expenses of physical assets […]
Category: Financial
Leveraging Debt for Growth
“Debt”, often a financial taboo for most business owners who feel that they can’t risk going into debt. There are countless books and publications made by financial experts who warn about the dangers of going into debt. It may seem prudent to completely avoid this seemingly poor financial decision for any business at all costs. […]
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Sage and Quickbooks: The Right Fit for You
Currently, more than 29 million small businesses choose QuickBooks for their accounting software needs, while over 800,000 utilize Sage accounting software. These two contenders both offer features such as expense tracking and invoicing, but there are key differences that set them apart from each other. Keep in mind the specific needs of your small business […]