Financial Statements and How to Use Them

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

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