Business

Financial Statements and How to Use Them

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financial statements and how to use them local service hero

Financial statements are formal records of the financial activity of a business, person, or other entity. They are a snapshot of a corporation’s financial health. They are essential in that they provide information about a company’s revenue, expenses, profitability, and debt. The three main financial statements are the balance sheet, income statement, and cash flow … Read more

How to Get Clients to Pay You On Time

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how get clients pay on time local service hero

Let’s learn how to get clients to pay on time. Getting paid on time can be one of the biggest headaches a company faces, especially if they’re in the business of contract work. And the reasons for nonpayment or late payment are myriad: disorganization, poor communication, dissatisfaction, lost paperwork, poor financing…and the list goes on. … Read more