The LivePlan Blog

Your expense budget is one of the keys to good business management. Here’s a detailed guide on how to build an expense budget—including what not to do.

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.

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.

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.