Welcome to the Small Business tag on F9 Finance’s blog – your reliable ally in the dynamic world of small business finance. We know that as a small business owner, making sense of financial jargon can feel like trying to speak an alien language. But hold on! With our clear language, personal anecdotes, humor, practical advice, and relatable analogies, we’re here to transform your apprehension into comprehension.
Each post under our Small Business tag is your personal finance translator, illuminating the often complex landscape of profitability, cash flow, and budgeting. Remember that liberating moment when you finally understood a tricky concept? That’s the feeling we aim to deliver as you master small business finance. With each new understanding, you’ll gain more confidence, and soon, you’ll be managing your business finances like a pro!
We believe learning about small business finance should feel like unravelling an exciting mystery, not getting lost in a maze of numbers. Our posts break down complicated topics into easy-to-understand steps, using relatable analogies and a dash of humor to keep things engaging and entertaining. So grab your detective hat, dive into our content, and let’s solve the mystery of small business finance together!
Reading a financial statement is like reading a book about your business’s financial story. It involves understanding the three main components: the income statement, the balance sheet, and the cash flow statement. The income statement tells you how much profit (or loss) you’ve made over a period, the balance sheet shows what you own (assets) and owe (liabilities), and the cash flow statement tracks your cash inflow and outflow.
Have you been asked to solve a budget gap? Let’s walk through what causes a gap, how to understand the causes, and what steps to take towards closing budget gaps.
To buy or to lease, that is the question. There is so much to consider from opportunity cost to inflation and taxes. Let’s walk through how to perform a lease versus buy analysis in Excel and make this an easy decision.
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