Bookkeeper vs Accountant | What Makes Them Different?

  Building a business takes hard work, but at the end of the day, you like to see your bottom line reflecting a profit as evidence of all your time and effort. Still, as your business grows, you may find there is less time for you to sit down and “do the books.” Outsourcing this […]

Seller’s Discretionary Earnings (SDE): Definition, Formula, & Examples

Growing your business is the goal of every business owner. To truly understand whether your business is thriving, you need to be able to define various aspects of the financials, including the seller’s discretionary earnings. Let’s dive into what those are and how they can help you to be more informed about the financial well-being […]

What Are Business Expenses? Examples, Types, & Tips

    What Are Business Expenses? To successfully manage the finances of your company, you need to be clear about what is being spent and where it is being spent. That means tracking your business expenses, which are any costs incurred in the ordinary course of business. Every business, whether a Fortune 500 or a […]