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Can an owner take a vacation in the first three years? Is gas for your everyday car a business write-off? Does a new business idea have to be something nobody has tried? Jonathan and I test viral business advice on the Wheel of Absolute Wisdom, sorting useful guidance from claims that deserve a clo…
Forty-one percent of surveyed business owners said they use a personal credit card for business expenses, and the conversation gets more urgent when financing is on the line. I explain why mixing personal and business spending makes it harder to see profitability, and why lenders may question missi…
Sending an invoice is not the same as having spendable cash in the bank. I walk through Nickel's invoicing and vendor-payment features, including payment links, standard ACH, card payments, recurring invoices, mailed checks, approval controls, and a QuickBooks connection. I show a $500 invoice from…
I open with a Monday Mindset reflection from Proverbs 8:21, asking whether I am chasing wisdom or simply measuring myself by wealth. Then I look at the Chapter 7 filing by the operating company behind a St. Matthews, Kentucky, Crumbl Cookies location: it reported about $128,000 in gross revenue thr…
I use a fictional QuickBooks company to show why a profit and loss statement cannot answer every question about the health of a business. I walk through assets, liabilities, and equity, then connect the balance sheet to net income and retained earnings. I look at cash and undeposited funds, current…
免責聲明: 本頁面嵌入的 Podcast 和封面圖片來自 Penny Armbruster,歸其所有者所有,與 Listen Notes, Inc. 無關聯,也未獲得 Listen Notes, Inc. 背書。