The LivePlan Blog

Accounts payable is the total of the bills that you have to pay, but that you haven’t paid yet. Here’s why accounts payable matters for your business, and how to manage it.

The balance sheet is the most misunderstood financial statement—which is problematic because it is also one of the most useful. Here’s why the balance sheet matters, and how to read and create one.

So, you got funding for your business—congratulations! Now, how are you going to use that money? Since there are so many ways to use funding, it’s important to keep track of your funding with use of funds reporting. A use of funds report is a simple statement of why you need the funding, and how it will help your business.

When you’re building your financial forecast for your business plan, there’s nothing more important than your cash flow forecast. Here’s what to watch out for when you’re forecasting your cash flow.

Cash flow is critical to running a business. Without money in your bank account, you can’t pay your bills. Find out how to calculate and improve operating cash flow.

Profit margin (also called operating margin) shows how much profit your business makes on every dollar of sales, before paying interest payments or taxes. It is usually expressed as a percentage. Here’s why it matters, and how to calculate the profit margin for your business.

Your sales plan has to combine the humanity of selling with all the conveniences of modern technology. Here’s how to create a human-centered sales plan that will close more deals and empower your team.

Clients love small businesses because of the personal attention they receive from them. But the larger a company grows, the less personal relationships with customers become. Here’s how to keep the small business feel as your company continues to grow.

Net profit is the proverbial bottom line of your business. This guide will show you how to calculate your net profit, and what you should know about how it impacts your business overall.

LivePlan makes forecasting for your business easy. QuickBooks Online makes day-to-day accounting easy. If you combine these tools, you get something even better—the ability to see exactly how your business is performing against the goals set out in your forecast.