May 21, 2020 | Edmonton CPA
If you are trying to start a small business, you definitely do not want to do it on your own. 9 out of 10 businesses fail, and 50% of new businesses fail within five years. Why is this? It is because they do not have the resources needed to help them stay afloat. That...
Apr 20, 2020 | Edmonton CPA
If entrepreneurs do not understand all of the various components of their financial statements, Edmonton CPA says they may end up making big mistakes on their financial decisions. In fact, a study was done by Intuit’s, the makers of QuickBooks asking entrepreneurs...
Apr 20, 2020 | Edmonton CPA
if entrepreneurs are struggling in business, Edmonton CPA recommends that they learn how to understand all of the financial statements in their business including their balance sheet, income statement and statement of retained earnings. However, many entrepreneurs try...
Apr 20, 2020 | Edmonton CPA
Even though many entrepreneurs do not know how to read financial statements when they start their business says Edmonton CPA they should learn quickly. The reason why, is because the sooner they can learn how to read and utilize the financial statements in their...
Apr 20, 2020 | Edmonton CPA
It is very important that entrepreneurs understand that when their Edmonton CPA refers to financial statements, they are referring to pre-different reports. These reports are the income statements, statements of retained earnings and balance sheet. Business owners...
Apr 20, 2020 | Edmonton CPA
The reason why it is important for entrepreneurs to look at their financial statements says Edmonton CPA is because it can give them great insight to their business. In fact, if entrepreneurs do not use these important financial documentation to use in making business...