How to Calculate Capital Spending for Smart Business Growth
When you're trying to get a handle on your company’s finances, you'll often hear about CapEx. This number comes from a simple calculation: adding the change in your net fixed assets to the depreciation expense for the period. But what this really shows is how much your company is investing in long-term assets like machinery, buildings, and technology—the real fuel
Mastering the Budget for Small Business
When most people hear the word “budget,” they think about restriction. It’s a word that brings up feelings of limitation, of tracking past mistakes, and of reining in spending. For a lot of service business owners, it’s just a necessary chore. But what if you thought of your budget differently? What if it wasn't a restriction, but a roadmap? A well-built budget