What Is a P&L and a Balance Sheet? A Small Business Owner’s Guide
How to read the two reports every lender asks for, with a worked example, the ratios that matter and how the P&L and balance sheet connect.
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Author: Kevin Phan
Business Savings: How Much Cash Reserve Does a Small Business Need?
The typical small business holds less than a month of cash. How to size a reserve for your business, where to keep it and how to build it month by month.
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Business Banking 101: How to Choose and Open a Business Bank Account
Why every business needs its own account, how banks, credit unions and online banks compare, and what to bring when you open a business bank account.
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How to Choose a Business Structure in California: Sole Proprietorship, LLC, S Corp or C Corp
Sole proprietorship, partnership, LLC, S corporation or C corporation: how each business structure handles liability, taxes and California fees, and how to set one up.
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Business Credit vs. Personal Credit: What Every Small Business Owner Should Know
How business and personal credit scores differ, why lenders still check both, and eight steps to build a business credit profile that stands on its own.
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