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What Is a Balance Sheet, and How Do You Read It?
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What Is a Balance Sheet, and How Do You Read It?

Does the idea of reading your balance sheet leave you feeling decidedly unbalanced? The balance sheet is the most misunderstood financial statement—which is problematic because it is also one of the most useful. Here’s how to read it.

Understanding Your Cash Flow Statement
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Understanding Your Cash Flow Statement

Cash is the lifeblood of every business. Run out of cash, and you’re dead in the water. Here’s how to understand your cash flow statement, and keep your business alive.

Tracking Metrics Makes You 2x More Likely to Reach Your Goals
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Tracking Metrics Makes You 2x More Likely to Reach Your Goals

We all set goals in our personal lives, but when it comes to business, it turns out that we’re not nearly as goal-focused. Even though we’ve taken on big risks to start new businesses, the surprising truth is that we’re really not very good at goal setting at all.

A Fast and Easy Way to Build an Expense Budget
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A Fast and Easy Way to Build an Expense Budget

Your expense budget is one of the keys to good management. Set your budget and then track what you actually spend against that budget. Review the results and revise the budget as necessary. Here are the finer details…

If You Want to Grow, Forecasting Is Your Best Friend
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If You Want to Grow, Forecasting Is Your Best Friend

Figuring out whether or not it’s a good time to grow comes down to planning strategically and taking the time to understand what you’ve done as well as and what your opportunities are. Learn more about growth in this interview with LivePlan CEO, Sabrina Parsons.