Business Tips
How Much Should You Pay Yourself as a Business Owner
How Much Should You Pay Yourself as a Business Owner The short answer: start with what your work would cost if you hired someone else to do it. Then…
11 min read
Blog
Practical articles about business money — in plain language.
Financial Management
Gross Profit: What It Shows and How It Differs from Net Profit
Gross Profit: What It Shows and How It Differs from Net Profit Gross profit is the difference between revenue and the direct costs of what you sold. Put…
9 min read
Business Tips
Management Accounting vs Financial Accounting: What Is the Difference?
Financial accounting is maintained for external authorities: according to established rules, within fixed deadlines, so that taxes are calculated correctly and…
9 min read
Business Tips
What Is a Business Balance Sheet? A Simple Explanation
What Is a Business Balance Sheet? A Simple Explanation A balance sheet is a report that shows the state of your business right now: what it owns, how much it…
10 min read
Financial Management
Грошовий потік простими словами: чому бізнесу недостатньо лише прибутку
Грошовий потік простими словами: чому бізнесу недостатньо лише прибутку Грошовий потік — це фактичний рух грошей у бізнесі: скільки коштів надійшло і скільки…
12 min read
Accounts Receivable: Your Money in Someone Else’s Pocket
Accounts receivable is money or other assets that customers, suppliers, employees, or other individuals and companies owe your business.
13 min read
Financial Management
Кредиторська заборгованість: що це, коли вона друг, а коли ворог
Кредиторська заборгованість: що це, коли вона друг, а коли ворог Кредиторська заборгованість — це все, що ваш бізнес винен іншим: постачальникам за товар…
7 min read
Financial Management
Net Profit: What Your Business Actually Earned
Net profit is the financial result of your business after all expenses have been deducted from revenue: materials, salaries, rent, taxes, bank fees, and other costs incurred during a specific period.
10 min read
Cash Flow Gap: Why You Have Money but Still Can’t Pay Your Bills
A cash flow gap happens when you need to pay ₴100,000 today, but only ₴60,000 is in your account. Not because your business is unprofitable. But because the money you’ve earned hasn’t arrived yet — or you’ve already spent money that wasn’t truly yours yet.
8 min read