About Rachel Blakely-Gray

Author Archive | Rachel Blakely-Gray

What Is a Cash Flow Statement?

What Is a Cash Flow Statement?

Knowing how your business’s finances are going is one part of owning a small business. You should have the three main financial statements at your business: balance sheet, income statement, and cash flow statement. What is a cash flow statement?

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What Is the Bottom Line in Business?

What Is the Bottom Line in Business?

Sometimes, when you talk to someone, they take a while getting to the point. You might tap your foot impatiently until you finally blurt out, “Well, what’s the bottom line?” The bottom line in business is just like the bottom line of a conversation. You want to know if your business is profiting, but you […]

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How to Finance a Small Business

6 Tips on How to Finance a Small Business

When you find something you’re passionate about, you want to see it through. That’s why knowing how to finance a small business is important. If you want to carry out your business idea, you will need money. Being strapped for cash and stressing about carrying out your business concept is the last thing you want. […]

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Exit Strategies for Small Business

Exit Strategies for Small Business: What You Need to Know

Your excitement for starting your business or the success of your current one might make you think you will be an entrepreneur forever. But, life gets in the way of plans, especially as the market changes. Before starting your small business, you need an exit strategy. Exit strategies for small business help make sure you […]

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What Is the Difference Between an Invoice and a Statement?

What Is the Difference Between an Invoice and a Statement?

Invoices and statements are regularly used in business. You send invoices and statements to bill customers. And, vendors send you invoices and statements so you know how much you owe. But, what is the difference between an invoice and a statement?

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irs-audit-triggers

IRS Audit Triggers and How to Avoid: Infographic

When you’re starting your small business, you might vow that you will do everything possible to prevent getting audited. Using payroll or accounting software can help keep you organized, but certain things can still trigger an IRS audit. What are IRS audit triggers, and how can you avoid them?

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