November 2022

Why Doesn’t My Net Income Match the Money in the Bank?

When you’re starting a business, there’s a lot to learn. Even experienced owners can find themselves confused by finances, bookkeeping, and especially terms of art. One common question is why the number under “net income” never seems to match how much money you have in the bank. Here’s a quick guide to net income, cash …

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Understanding Fixed, Variable, and Semi-Variable Costs

When you’re tracking your costs for bookkeeping and accounting purposes, there are three different types to know: fixed, variable and semi-variable. While fixed and variable costs are generally self-explanatory, semi-variable costs can confuse new business owners. Understanding fixed, variable and semi-variable costs will help you get a better idea of where you’re spending money, create …

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