Ways to Pay Yourself As a Business Owner - Accounting 101

As a company owner, you are certainly getting paid somehow. That being said, it does not necessarily mean that your approach is the most effective one. If you underpay yourself, you may not make enough money to make ends meet. However, if you overpay yourself, then you may be putting your company’s financial health at risk. This article will discuss some options for how small business owners can pay themselves so that you know which method will work best for you.

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Kelly Gonsalves
3 Steps to Financial Forecasting for Your Business

Financial forecasting is the method of predicting where your business will be in the future in economic terms. With the use of pro forma statements, the predictions you develop during financial forecasting can be made concrete. Pro forma statements are financial statements that you prepare in advance to predict your financial status in the coming months and years.

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Kelly Gonsalves