What are Expenses?

What are Expenses?

As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  An important part of financial literacy for a business is the concept of expenses. What is an Expense? An expense is a cost a business...
What You Need to Know About Assets

What You Need to Know About Assets

There are a few key points that you need to know about assets as they affect financial reports.  Here they are: Assets help show how much your company is worth. Investors, bankers and other creditors take interest in the amount of assets on a balance sheet.  The main...