An income statement tracks income and expenses for a small business. Most small businesses use cash accounting systems, so Excel is a great program to track your income and expenses. The cash basis ...

A restaurant business is unpredictable, and costs that escalate without warning can make all the difference between making or losing money. Your restaurant may be full regularly, but if your overhead ...

The income statement is one of the financial statements which we as investors, managers, operators, and employees should all understand. Without a profitable business, we wouldn’t be in business at ...

A vertical analysis is used to show the relative sizes of the different accounts on a financial statement. For example, when a vertical analysis is done on an income statement, it will show the top ...

Joseph, Director at Wise Business Plans, has overseen 15K written business plans, raising over $1Bn in funding in more than 400 industries. As you create your financial projections for your business ...