by onlineadvisor1 | Nov 30, 2023 | Accounting, Bookkeeping, Business Planning and Implementation, Finance
As part of OnlineAdvisor's efforts to educate, inform and encourage business leaders, we present key financial terms and concepts. For this article, we focus on why a balance sheet is important as part of the important financial reports of your organization. What It...
by onlineadvisor1 | Nov 6, 2023 | Accounting, Bookkeeping, Budgeting and Cost Analysis, Finance, Tax Planning and Strategies
As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts. The concept of accounts payable is an important area of financial management. Let's cover the details of what it is and what it means....
by onlineadvisor1 | Oct 27, 2023 | Accounting, Bookkeeping, Business Education, Business Strategies, Finance, Strategic Planning
What we will cover is how important a skilled, expert accountant needs to be a key member of your team. Frankly, if you have to select very few people to be on your team, an accountant must be on the “short list.” The first reason is that you need accurate financial...
by onlineadvisor1 | Oct 8, 2023 | Accounting, Banking, Bookkeeping, Budgeting and Cost Analysis, Business Education, Business Planning and Implementation, Business Strategies, Finance, Optimal Performance Strategies, Strategic Planning and Implementation
The idea of having a banker on your executive team may be a crazy idea for many of you. That’s probably because you’ve had a bad experience with a bank. Generally speaking, no one likes to owe anyone, and banks are #1 on the list for us to owe money. Banks are in...
by onlineadvisor1 | Oct 5, 2023 | Accounting, Banking, Bookkeeping, Budgeting and Cost Analysis, Finance, Inventory Control, Sales, Tax Planning and Strategies
As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts. An important part of managing the financial matters for a business is the cash flow statement. A cash flow statement is an important...
by onlineadvisor1 | Oct 4, 2023 | Accounting, Banking, Bookkeeping, Budgeting and Cost Analysis, Finance
The Cash Flow Statement The cash flow statement reflects three categories: cash flow from operations, cash flow from investing, and cash flow from financing. It it one report in the set of fundamental financial statements. It is useful for businesses that are using...