|
|
 |
The Language of Business
Accounting is the language of business. Just like Latin was the universal language of scholarship throughout the middle ages --scholars learned Latin as well as their own language, and thus were able to communicate with one another via writing-- accounting is the language spoken by financial and investing professionals, the capital markets, business analysts and coaches, and bankers. Every business owner will benefit from an understanding of the basic terms and concepts used in accounting, or be at a disadvantage to those who do. In this section we define and explain many key terms and concepts that will increase your knowledge and comprehension of these ideas.
|
What Is Accounting?
by Darrel Hawes
Everyone has their own opinion and there are lots of definitions. Back when I was in accounting school, my very first accounting instructor, Pat O'Shaunessey, a fiery Irish guy, made us learn . . . keep reading
|
Users of Accounting Information
by Darrel Hawes
In his book, The Seven Habits of Highly Effective People, Stephen Covey teaches us to "begin with the end in mind". Nowhere is this more important than when considering who will be using your acc . . . keep reading
|
Cash Flow vs. Profitability
by Darrel Hawes
Inadequate cash flow is a major problem that small businesses often face. It is vital and necessary to earn a profit, but profitability does not automatically mean you will have sufficient cash to m . . . keep reading
|
Accounting and Decision Making
Darrel Hawes
We can look at decision making in business in five steps or parts, and at least three of them rely on accounting or have implications for your accounting system or process. Take a look at . . . keep reading
|
What is a Balance Sheet?
by Darrel Hawes
The balance sheet shows a snapshot of a company's financial position at any given point in time, usually a year end, quarter end, or month end. This article explains what information you can glean from the balance sheet, and what are the limitations of the balance sheet. . . . keep reading
|
Three Reasons You Should Understand Accounting
by Darrel Hawes
If you're a business owner, you should understand accounting. When you understand accounting, you can be in a better position to talk with your accounting professionals, bankers, investors, etc. You will also be in a better position to be in more control over your own investments and retirement planning. . . . keep reading
|
Starting a Business? Start Here.
Darrel Hawes
If you're thinking of starting a business, you should give yourself every possible chance of succeeding. The tips I give you here will help remove the roadblocks to success. . . . keep reading
|
Basic Excel Tricks
Darrel Hawes
Sometimes we spreadsheet geeks forget that not everyone knows the basics of how to use Excel. Check out these five tips that I use almost everyday. . . . keep reading
|
|
|
|
|
 |
|
 |
|
|
 |
|
 |
|
 |
| Here's what our members are saying ...
"One great thing about this site (and there are many) is the fact that you understand how people may not see the vision at first, or lose sight of it along the way. This helps everyone to realize that this is a site full of "real" people, making real choices, real mistakes, failing forward and creating real opportunities for themselves and for others, as well."
Pam Clark.
Colorado
"If you want to learn about business and how to become a successful entrepreneur this is the place to be."
Paula F.
AZ
"This is an awesome website. So needed, so cutting edge. I have read some of your content and so far there is alot more value than the 20 membership fee. Keep up the good work."
Dawn V.
|
|
 |
|
|
|
About Us
