Basic Accounting


Recent Basic Accounting Articles

Noted

Remembering a factoring guru.  Read more

Breaking Free from Budgets

Exasperated by budgets that hamstring creativity, a growing number of companies are tossing off financial constraints--and still holding the line on spending.  Read more

The Zentrepreneur

Restaurateur Phil Suarez has built his successful business intuitively---perhaps proving that you can't succeed if you're bored.  Read more

A Simple Formula

Greg Wittstock's simple breakeven analysis formula helps keep his pond-building business -- and the landscape businesses his company teaches it to -- in t...  Read more

Book Excerpt: Beyond Budgeting

Introduction: Toward a New General Management Model The budget is a tool of repression rather than innovation. ¹ Bob Lutz, ex...  Read more

No More Budgets

In the October 2003 Inc. feature, "Breaking Free from Budgets," on page 72, writer Suzanne McGee profiles businesses that have abandoned the budg...  Read more

Q&A: Seeing Beyond the Annual Budget

Jeremy Hope believes that the annual budgeting process and the fixed contracts it produces are of little value in today's quick changing business environm...  Read more

The Magic Number

Every business has a magic number. By employing his, our columnist didn't overstaff this year.  Read more

New Relief for Road Warriors

Web-based expense-reporting systems let you log on from the road and record expenses as you go.  Read more

Inner City 100 EKG: Beyond Growth

We know the Inner City 100 (IC 100) companies are growing rapidly, but does rapid growth translate into strong financial performance? Can these companies ...  Read more

Current vs. Capitalized Expenses

From the Nolo Small Business Center Tax rules cover not only what ex...  Read more

Covering TE Expenses

If you cover your employees' business travel and entertainment expenses, start the new year off right by setting up an "accountable plan." This type of pl...  Read more

Smart Ways to Put Money into Your Small Corporation

Your corporation may need a cash infusion to sustain its operations. Instead of seeking new investors or a loan from a commercial lender, you may put the ...  Read more

Take My Payroll, Please

An outsourcer turns an HR headache into a Web-based breeze by shredding the time it takes to do paperwork.  Read more

IncQuery: My Business Is at a Crossroads

What to do when the economy takes its toll on your company, a customer's check bounces, you're making an essential hire, or you're preparing to sell your bus...  Read more

High Concept: How to Spot an Enron

Two brothers predict that cash flow will eclipse earnings as the ultimate metric for sizing up a company's health.  Read more

StreetSmarts: Peripheral Vision

Most entrepreneurs are compelled to beat the odds, to disprove the naysayers. They don't always succeed, but when they do, the experience is tremendously sat...  Read more

IncQuery: Turning Ideas Into Products

How to go about getting your first products manufactured, financing a big sale, and marketing a service that no one wants to think about.  Read more

How to Collect from Anyone (Even Enron)

Thirty ways to get paid within 30 days.  Read more

Contrarian Thinking: Extra! Extra!

Conventional wisdom says that only the lean will survive in the current business climate. But can a company actually be too thin to get rich?  Read more

Collection Slip-Ups

A panel of veteran collectors offers its opinions on what not to do when when it comes to collections.  Read more

September Forecast Extra

Inc 500 CEOs weigh in on how the state of the economy is affecting their business.  Read more

Preparing for a Financial Crisis

Companies can do much to avoid falling victim to sudden national financial emergencies. Although the tally of such events is rising, many businesses remain u...  Read more

IncQuery: Becoming a Leader, Not Just a Boss

What it really takes to rise to the challenge of leadership, reduce swings in your monthly revenues, and win back customers you've let down.  Read more

Getting Paid

Unfortunately, sending an invoice doesn't always result in getting paid. If you're having trouble with slow-paying or nonpaying customers, you need to dev...  Read more

Finance: Cheap Executive Officer

For most businesses, there's one person who wastes more money than anyone else: the CEO. Here's how Rick Sapio, CEO of Mutuals.com, reined in the biggest spe...  Read more

Making Your Financials Add Up

No business plan is complete until it contains a set of financial projections that are not only inspiring but also logical and defensible.  Read more

Hands On: Deadbeat Deterrence

Mary Naylor, CEO of virtual concierge service VIPdesk Inc., has put an end to her deadbeat customers.  Read more

FYI: The Million-Dollar Post-it Note

Confessions of a compulsive bootstrapper.  Read more

Start with Nothing

Greg Gianforte, founder of $30-million RightNow Technologies Inc., learned that bootstrapping is not simply about pinching pennies and cutting costs. Smart b...  Read more

Inc Query: What Do Your Customers See?

Determining what numbers you should be tracking, and other pressing business matters.  Read more

Best of the Net: The Factoring Factor

Slow-paying customers got you in a cash-flow crisis? These sites can help you bring in the moola.  Read more

The Unkindest Cut of All

How one company's founders have gone about cutting their own pay to help their business stay afloat.  Read more

Archive: If at First You Don't Succeed ...

Before his 57 Varieties propelled him to entrepreneurial glory, H.J. Heinz was in a financial pickle.  Read more

Bridging the Capital Gap

How the federal government can bridge the capital gap for growth businesses and earn $1 billion.  Read more