The Language of Accounting

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

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Who Should Handle Your Business Finances?

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?

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6 Common Money Mistakes Small Business Owners Make

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

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The Top Ten Reasons to Have a Business Plan

This originally appeared on my blog, The Art of Small Business. – JoAnne

My mind has been very much on business planning lately – I am working with several clients on their plans, and will be teaching a workshop on business planning later this month.  Entrepreneurs working on startups are usually pretty good about having a plan, . . . → Read More: The Top Ten Reasons to Have a Business Plan

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The Incredible Second Stage Company

The Incredible Second Stage Company

According to the Edward Lowe Foundation, second stage companies (loosely defined as companies which have survived startup and are ready to add a level of managerial employees, all the way up to about $50 million in sales), comprise only 5 percent of total US businesses but account for a whopping 85 percent . . . → Read More: The Incredible Second Stage Company

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