If you own a business or providing professional services, you need to know if you are making profit or incurring loss. You need to take a look if your business is generating more revenues than your total expenses. This financial information is found on the income statement. The … [Read more...]
How to Prepare a Balance Sheet (Statement of Financial Position)
The balance sheet or the statement of financial position is one of the major components of financial statements, which include the income statement, statement of cash flow, statement of changes in equity and the notes to financial statements. The balance sheet gives readers of … [Read more...]
Business Guide in the Philippines
This post lists and summarizes all of our published tips, stories and articles for your business guide in the Philippines. It also includes outside links which we consider very helpful in achieving your short-term and long-term business objectives. We understand that success is … [Read more...]