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Turn Your Annual Operating Plan into a Budget by JoAnne Berg originally published by American Express OPEN Forum on February 18, 2011 If you are like many entrepreneurs, budgeting is an annual exercise that you may prefer to do without. However, your budget is a powerful tool for ensuring the success of your business, so it’s worth the time . . . → Read More: Turn Your Annual Operating Plan into a Budget  The Language of Accounting By JoAnne Berg Originally published on OPEN Forum on February 14, 2011 Did you ever look at a set of financial statements and wonder what it all meant? Would you like to know how to get more value out of the information? You’re not alone. Many business owners find that learning to read, truly understand, and . . . → Read More: The Language of Accounting Who Should Handle Your Business Finances? By JoAnne Berg Originally published by American Express OPEN Forum Every business has a Chief Financial Officer — the person who has overall responsibility for the financial management of the company. In your business, that person might be you! In a new business, it is not uncommon for the owner to take on all . . . → Read More: Who Should Handle Your Business Finances?  Comments are closed  Articles  Accounting, Cash flow, Financial Statements, Managing, Second stage companies, Startups 6 Common Money Mistakes Small Business Owners Make by JoAnne Berg Jan 06, 2011 - We’ve all known businesses that appear to be doing well, but end up going out of business because they’ve made major mistakes in pricing, cost control or financial management. Here are some of the areas where these problems arise and some suggestions for how . . . → Read More: 6 Common Money Mistakes Small Business Owners Make Comments are closed Articles Accounting, Best Practices, Budgeting, Business Growth, Cash flow, Family business, Managing, Second stage companies Why Your Business Owes Taxes When It Didn’t Generate Cash By JoAnne Berg Your business has several silent partners: Uncle Sam and his state and local cousins. Many of the decisions you make on a daily basis will impact their take, so it’s wise to be at least somewhat familiar with the tax laws when you run your own . . . → Read More: Why Your Business Owes Taxes When It Didn’t Generate Cash Comments are closed Articles Accounting, Business Growth, Income taxes, Managing, Starting a Business How NOT to Run Your Family Business This article by JoAnne was published on July 13th, 2010 by American Express Open Forum. Jul 13, 2010 - Family businesses are a staple of our economy, so they’re with us to stay. We need them to be successful, especially now, when economic growth is critical. What is a “family business”? A one-owner company . . . → Read More: How NOT to Run Your Family Business Comments are closed Articles Accounting, Best Practices, Business Growth, Employee Compensation, Family business, Financial Statements, Managing |
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