If you want to succeed in business, you need to know about financial management. No matter how skilled you are at creating a product, providing a service, or marketing your wares, the money you earn will slip between your fingers if you don't know ...

There are various aspects to consider when determining whether to do your payroll in-house or outsource it to a payroll company. A lot will depend on the number of employees, skill level of potential payroll processors, and types of withholdings. ...

Give Workers An Entrepreneurial Nudge Q: When I worked for Mercy Corps, it was a very entrepreneurial enterprise. For instance, if we wanted to take on a new project, we had to own it. Isn't that how most small businesses are ...

Employee compensation can be a sensitive subject, and people get very passionate when trying to determine the most appropriate compensation plan for any business. Many human resource-related concerns need to be addressed, but equally important is ...

Family Planning: A Rough Guide to Business SuccessionBy Tom NawrockiSuccession planning isn't easy, but it is necessary. Start early and talk frequently, and you'll have an advantage. Here are some pointers and resources to learn more.Talk The ...

When using a vehicle for business purposes, there are a variety of issues to consider: Should you use a personal or business vehicle? Should you have the company reimburse you for business-related expenses? How should you deduct your mileage?As with ...

Consult with legal and accounting professionals for specific advice in these areas. Copyright © 1999-2006 Edward Lowe Foundation. www.edwardlowe.org All rights reserved. How To Prepare A Cash Flow ...

Copyright © 1999-2006 Edward Lowe Foundation. www.edwardlowe.org All rights reserved. How To Analyze Profitability   --An Edward Lowe In-Depth Business Builder Although the pride of ownership and ...

Accounting Industry: The Numbers Game By Stephen Bon Staffing and Employment Issues According to the latest census from the U.S. Department of Labor, roughly one out of every four wage and salary accountants ...

Copyright © 1999-2006 Edward Lowe Foundation. www.edwardlowe.org All rights reserved. How To Develop And Use A Business Plan A well-prepared business plan is more than a necessary tool to seek funding. It should also ...

Building Your Dream HouseBy Daniel AkstNow may be the time. And yet???With the advent of spring, many an entrepreneur's fancy turns toward that most enduring of all loves--the love of real estate. If you've been nursing hopes of building your dream ...

You need money--and fast. Is there ever a good time to use credit cards for your business? There are many different perspectives on the subject, as well as other options for obtaining smaller amounts of money in the short term. Of course, credit ...

Cash is what keeps your business functioning. You obviously need profit, but equally as critical is your cash flow.It's important to know the financial health of your business, which is why you need to understand the purposes of your different ...

Do you know how you compare to your competitors? Everyone knows it's important to track how your business is doing compared to past quarters and years. Yet it's equally important to have an idea of how your business is doing compared to the ...

A New ShellShell companies, along with junk bonds, penny stocks, and shoulder pads, are usually dismissed as an unfortunate trend of the 1980s. Back then, shells--that is, companies with ticker symbols but no operations--became synonymous with ...

Overcoming the ObstaclesBelieve it or not, most of today's Titanium and Platinum-level eBay Power-Sellers were once small-time operators. Although they generate hundreds of thousands--even millions--of dollars in sales each year now, many of them ...

Dead ZoneBusinesses perish in untimely ways, many of which are largely out of an entrepreneur’s control: There’s too much competition. The public is no longer interested in your product or service. You’re a victim of bad luck--you opened a business ...

What's in Your Data?Wouldn't it be nice if the key to all your business management decisions was available at your fingertips? Well, with some creativity, it is. The data stored in your accounting software holds a wealth of information about your ...

Sarbanes-Oxley and Public Markets The Sarbanes-Oxley legislation of 2002 (SOX) was borne out of abuses by corporations, their lawyers, and their auditors during the wild business environment of the late 1990s. It was clear in ...

By the Numbers Open-book management is nothing if not a study in contrasts. The subject of a dozen business books and hundreds of articles, it's been hailed as one of the most important management innovations of the past hundred years. It's also ...

Put Family First in the Family Company by Richard Fox A strategy of not putting family members first preserves both the human and financial capital intrinsic to family companies, says ...

Just over a year ago, jewelry design business D'Annunzio Group International was chugging along at a steady and predictable pace. But things took a dramatic turn in 2006 when DGI, in partnership with Warner Bros., launched a jewelry collection ...

Marketing isn't just an expense; it's an investment. As an accountant, I often see businesses spending an incredible amount of money on marketing with very little return. The key is to market smarter and fully utilize your marketing budget.Throwing ...

Liquidity is your company's ability to pay the bills as they come due. We've all heard the saying "Cash is king," so here are seven quick and easy ways to improve your company's liquidity.Sweep accounts: Use sweep accounts through your financial ...

Food & BeveragesNew!SpiritsAs consumers nationwide toast the moment, their glasses reveal the cravings of today--premium spirits. "Over the past 15 years, there has been a trend toward people drinking less but drinking better," says David Ozgo, ...