Net Worth

What does the term net worth mean? And why is it something a business owner should pay attention too? The actual definition of net worth is: total assets minus any total liabilities. Let’s take a closer look at this. Net worth is a combination of money invested by the business owner and an accumulation of [...]

Budgeting: Are You Doing It?

Whether in your business or personal life, I’m assuming you have all thought about creating a budget at one point. Many people set limits on how much money they will spend each month on eating out, entertainment, etc. Businesses are doing a lot of this too. A friend of mine recently shared with me that [...]