How Liquid Is Your Business?

Liquidity in business has nothing to do with water, milk, or juice! It describes how quickly you can sell an asset and convert it into cash. Cash is the most liquid asset of all.  Real estate, in contrast, is not quite as liquid because it could take

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CARES Act Update for Home Service Providers

 The CARES Act is ever changing, sometimes daily, and I’m addressing some of the most frequently asked questions that I get asked plus sharing additional information that may be relevant to your home services business. This data was based on the best information we had on

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How Business Owners Get Paid

At first glance, this article topic might seem too simple.  After all, to get paid, don’t you just take money out of your business?  Well, yes, but there is much more to it in the long run as well as from an accounting side.  Let’s take a

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