Sunday mornings on MSNBC there’s a show named “Your Business” (@OPENForum). It’s a show based on helping small businesses. This particular week was a repeat about a makeover for a Bed & Breakfast in CT, Abbey’s Lantern Hill. The owner perfectly illustrated most small business owners; One owner, many hats....
Managerial Financial Statements
One common error small business owners make is failing to create recurring month end Managerial Financial Statements. Typically you can pull your financial statement information off your tax returns at the end of the year. However, there are a few good reasons why you should consider doing an internal monthly...