by Michael Eckstein | May 28, 2022 | Accounting, Basics
Back to basics: Profit & Loss vs Balance Sheet The Profit and Loss report and Balance Sheet are two of accounting’s most famous reports. Everyone’s heard of them, every accounting software can generate them, and even the IRS is interested in them....
by Michael Eckstein | May 21, 2022 | Accounting, Strategy
Thoughts on the Y Combinator email that’s floating around The economy hasn’t been stellar these last few years. We’ve had to deal with the COVID pandemic, constantly changing regulations, the entire world suddenly working from home (and, many...
by Michael Eckstein | May 14, 2022 | Strategy
Collect more reviews & testimonials before raising prices Increasing your prices is one of the easiest ways to increase your profit. It significantly increases your revenue while also minimally impacting your expenses (as opposed to outright selling more where...
by Michael Eckstein | May 7, 2022 | Accounting
What to look for in a Profit & Loss report Accountants and finance people love going on about how important your financial reports are and how much can be learned by regularly reviewing them. And, that’s true. You can learn a lot about your business just by...
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