Liquidity Ratios #3 (3-part series)

Management uses financial data to determine the success for the company. In the first two parts of the series, I discussed profitability and efficiency ratios. In this blog, I will be discussing liquidity ratios that management uses to meet their…

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Can the HUBZone program help your business?

What is the HUBZone? The Historically Underutilized Business Zones (HUBZone) is a program offered by the Small Business Administration (SBA).  The HUBZone is the result of the ‘Small Business Reauthorization Act of 1997’ [1]  and its purpose is to help…

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Efficiency Ratios #2 (3-part series)

In this blog, I will be discussing efficiency ratios. Efficiency ratios are used internally to check if the company is utilizing their assets and liabilities efficiently in earning revenues. Efficiency ratios are mainly used to assess how well assets and…

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Financial Ratios #1 (3-part series)

Financial data by itself may not give the complete picture about a company’s performance and financial wellbeing. It is difficult to evaluate standalone numbers without comparing them to certain norms and standards. Ratios provide a set of standardized parameters which…

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Entertainment gifts meals

Entertainment, Meals, and Gift Expenses – Tax Deductible This can be a confusing area for business owners and is often misunderstood.  In an effort to help business owners to plan ahead for the 2014 tax year, the focus will be…

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