Inventory

Inventory Part of being an effective leader of your small business is to be able to make sense of the numbers and to know that cash is king!  Understanding inventory is important because your business must be able to understand how to properly manage inventory in...

Innovation

Innovation Part of being an effective leader of your small business is to be able to make sense of the numbers and to avoid profitability pitfalls!  Understanding innovation is important because your business must be able to understand how to properly utilize...

Funding

Funding Part of being an effective leader of your small business is to be able to make sense of the numbers and to know that cash is king!  Understanding how to gain access to business funding is important because your business must be able to understand how to...

History of Finance

The History of Finance Money, in general, is anything that a society can use to store a fixed value over a long period of time.  For millennia, people have used tangible things of value such as gold, silver, and diamonds as money.  As societies evolved, so did money. ...

Expense Costs

Expense / Costs Part of being the CFO of your small business is to be able to make sense of the numbers.  Only once you can turn your data into usable information can you more effectively plan out your business.  Understanding your expenses and costs is important...

Deceptive Trade Practices

Deceptive Trade Practices Basics There is a federal law known as the federal Trade Commission Act (FTCA) and many state laws known as deceptive trade acts that make the general practices of unfair and deceptive business behavior to a consumer to be illegal.  In Texas,...