Three Principles of Finance Management
No doubt your goals when running a small or family business include creating wealth for the business and gaining adequate returns on the risky investments your business will undertake. Accomplishing these
Continue readingThe “Three-Legged Stool” of Project Management
Taking On Special Projects Requires Project Management From time to time, your company will need to take on projects to increase business or inject a much-needed change into your workplace. Projects
Continue readingFraud Triangle Focus: Reducing Opportunity
Your Small Business Organization Could Be Leading to Fraud Did you know you could be giving your employees the opportunity to commit fraud, without even realizing it? Opportunity is a key piece of the
Continue readingOrganizing Your Office Paperwork
Why You Should Organize Your Office Paperwork The big question is: Filing or piling? For most the temptation to pile holds a lot of attraction, but in the long run, important paperwork gets misplaced.
Continue readingThe Basics of a Profit and Loss
What Is Profit and Loss? Also called the P&L, a profit and loss statement can help you and your bank get a good understanding of the operating health of your business. It feels like we cover this often,
Continue readingThe Fraud Triangle: What It Is and What You Can Do
What Is The Fraud Triangle? We wrote about a week ago about a case study where internal fraud was discovered. In the business world, three aspects make up what is known as the Fraud Triangle. The Fraud
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