Basic Accounting


Recent Basic Accounting Articles

What to Discuss at Year-End Board Meetings

Bonuses, retirement plans, and charitable contributions should all be on the board's agenda at the end of each year.  Read more

The South Shall Ride Again

This motorcycle maker has a powerful vision for his company. And he's dragging his supporters along -- whether they like it or not.  Read more

Estate Planning

Despite a presidential veto, the "death tax" is still a hot political issue in 2000. What's a small-business person to do?  Read more

What should I do when a partner is lax about keeping the books?

Starting a Business mentors Paul and Sarah Edwards answer the question, What should I do if my otherwise reliable partner is unreliable when taking care or o...  Read more

Tax Consequences of Taking Equity

Watch out, owners of C corporations. When C corporations are sold or liquidated, a tax on appreciated assets can be levied not only on the corporation but al...  Read more

Do Due Diligence before Taking Equity

How do you determine whether to take a chance on a customer by accepting stock or stock options as part of your fee? The same way you'd judge any potential i...  Read more

Taking Equity: How Much? How Often?

Three CEOs have taken different approaches when deciding how much, and how often, they should take equity.  Read more

Should I track weekly sales data or will monthly data be enough?

Offices Operations mentor Charles Bodenstab outlines the cases in which you'd want to track weekly sales data.  Read more

Equity Issues at a Glance

A checklist of the key issues to consider when you are thinking about taking equity, including taxes, risk, and cash flow.  Read more

Help! I Need Somebody

Help! I Need Somebody, Financial Troubleshooting Article - Sooner or later most first-time entrepreneurs find themselves in a hole they don't know how to get...  Read more

Cough It Up!

One of the toughest parts about working for yourself is getting paid -- even by deep-pocketed corporations. Here's how to keep from being hoodwinked by reluc...  Read more

Defining Key Financial Ratios

Tracking these key financial ratios will highlight financial trends in your business.  Read more

Compensation

Compensation, Financial Management Article - Compensation is a complex and strategically critical issue for businesses today. We've gathered the best inc.com...  Read more

Cash Management Basics

How to manage cash flow  Read more

CEO's Regret #4: Not Going to College

Despite having started three successful companies, 2000 Inc. 500 CEO Keith Christian feels his lack of education most acutely in the areas of finance and acc...  Read more

Making Goliath Pay

Just because big companies have deep pockets doesn't mean they pay on time. Several Inc. 500 CEOs offer advice on how to play ball with the big boys...  Read more

Top Billing

Ransom Environmental turned its bill-collection problem around by making sure that managers didn't ignore billing.  Read more

The Art of Cash Management

Tips on understanding and implementing cash management strategies. Includes how to maximize cash flow, assess your current cash position, and evaluate invest...  Read more

Hot Tip: Invoicing Customers

Invoicing customers every week can improve cash flow.  Read more

In a Former Life: Anne Beiler

Anne Beiler, founder of pretzel shops franchisor Auntie Anne's, discusses the business lessons she learned as a waitress.  Read more

Where the Money Is

Venture capitalists are awash with cash. Are start-ups getting more of it? Plus: How three untrendy companies have managed to get VC investments.  Read more

A Network of Her Own

Women who are entrepreneurs have always found it tougher to raise money than their male counterparts have. New kinds of support and a new breed of investor a...  Read more

What can I do if my customers are taking too long to pay?

While there is no magical answer to this classic lament, inc.com Offices Operations mentor Charles J. Bodenstab offers some practical advice for ...  Read more

Should I try to get around a payment policy I find discriminatory?

Misrepresenting himself may be the only way an independent consultant can get fair compensation for his services. But is it ethical? Ethics in Business mento...  Read more

Outsourcing Bookkeeping

An entrepreneur of a fast-growing company wonders when it's the right time to graduate to a big-time accounting firm.  Read more

Five Severe Warning Signs of Cash-Flow Problems

Watch out for these red flags when managing cash flow. They could spell trouble for your business.  Read more

How can I create a reliable cash flow budget?

Cash flow forecasting is critical to the success of your business, according to Finance Capital mentor Stephen King. Here are the steps you need ...  Read more

Revisit Your Method of Accounting

Recent developments in accounting procedures may make you want to take a second look at your accounting method.  Read more

Bug Your Broker

You can lower your insurance costs by grilling your broker on all insurance-related spending.  Read more

The Boom in Employee Ownership

Inc. gets the scoop on the effects of stock options from Corey Rosen, cofounder of the National Center for Employee Ownership.  Read more

Book Value

Reviews of four business books -- two wildly different takes on the state of shareholder value, one about why consumers rule now more than ever, and one on h...  Read more

Best Practices: Manage Cash Flow

Put every available dollar in your business to work with these best practice strategies from Arthur Andersen.  Read more

Private Lives

Some smaller publicly held companies are taking themselves private to regain their focus on growing their companies.  Read more

Roadblocks to Avoid when You're Going Solo

Striking out on your own? Authors Paul and Sarah Edwards identify six common problems faced by solo entrepreneurs.  Read more

Significant Figures

Facing unprofitability for the first time in the history of the Petra Group, CEO Greg Smith examined how his company compared with the rest of the IT nation.  Read more