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GrowthForce Blog

Income Statement and Balance Sheet - What’s the Difference?

An income statement and a balance sheet will tell me the same thing, right? Not exactly. While it is true that both financial statements will provide ...

Business Owner Exit Strategies: 3 Options for Business Maturity

Much of the conversation around entrepreneurship focuses on the beginning phases of a company: the idea, the conceptualization, the launch, the startup ...

Beyond the Ledger: Why the Chart of Accounts Matters

THE TELLTALE SIGN YOUR CHART OF ACCOUNTS IS NOT DESIGNED FOR MANAGEMENT REPORTING If your chart of accounts reads something like this, "Accounting, ...

You Became a NonProfit's Treasurer - Here's what you need to know...

6 min read You exit your nonprofit's latest board meeting, having just been elected or appointed treasurer – now what?

How Small Businesses Can Get a ROI from an Accounting Department

During early stages and growth stages of business, resources, like time and money, mean everything to the success or failure of small and medium-sized ...

Job Costing: Allocating Costs for Growth & Profit

Do you know how much it costs your business to complete one project, produce one product or satisfy one client? If you are not job costing, then your ...