by Rob Condie | Aug 31, 2023 | Biz Tips
Knowing the difference between revenues and expenses is pretty clear without much more background information and is critical for business functions, but knowing the difference between an asset and a liability is a little more complex and that knowledge can go a long way. The one that most people typically don’t know much about, or even where to find it, would be their equity in a business. Equity is the amount the owner or shareholders would get back if the business paid off all its debt and liquidated all its assets.
by Rob Condie | Jul 28, 2022 | Biz Tips
As businesses look for ways to make their operations more efficient it makes sense to look within at their own processes and practices. In many cases this means reviewing training protocols and job efficiency tools. A crucial tool in making sure processes are followed...
by Rob Condie | Mar 24, 2022 | Biz Tips
Those looking to start or grow a small business inevitably run into the accounting systems vs Excel worksheets matchup when tracking their finances. If you have ever wondered about the capabilities of the two and what would be best for their business, then this...
by Rob Condie | Oct 14, 2021 | Biz Tips
The biggest hurdle that I have seen for those looking at starting a business in Wyoming is finding funding. This obstacle is different for every business as some businesses (such as service businesses) don’t require as much initial investment to get going. In...
by Rob Condie | Jun 30, 2021 | Biz Tips
Keeping your employees engaged can be a struggle, especially if you’re trying to get back to pre-COVID levels of morale. Higher morale often leads to increased output from your workers, higher employee retention, and an overall happier environment to work in. There...
