Belle Wong, J.D.
Belle Wong, is a freelance writer specializing in small business, personal finance, banking, and tech/SAAS. She spends her spare moments testing out the latest productivity apps and plotting her latest novel.
More From This Author
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Adding Partners to an LLC
To add a member to an LLC, you must generally follow the operating agreement or state law, though there are additional considerations, including tax concerns.
· 3 min read
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How Do You Name Your New LLC Business?
It’s worth the extra effort you’ll need to put into finding a name that’s a good fit for your new start-up. The right name will do more than just serve as a way to identify your company; it will also provide you with the base from which to build your brand and reputation.
· 5 min read
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Could You Turn Your Business into a Nonprofit?
Thinking about converting your for-profit business into a nonprofit? Find out why you might want to make such a change, and how to go about it.
· 4 min read
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Should I Publish an Annual Report?
Annual reports are not only beneficial to large, publicly traded corporations. Armed with an understanding of what an annual report can accomplish, small businesses stand to gain similar benefits by publishing annual reports of their own.
· 3 min read
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Do I Need a Profit and Loss Statement if I'm Self-Employed?
Are you a self-employed individual who's not that concerned about financial statements? There is one financial statement you'll definitely need for federal and state tax purposes: the profit and loss statement the IRS requires from sole proprietors.
· 3 min read
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Single Step vs. Multi Step Income Statement: Which One Should I Use?
Single step income statement or multi step income statement? Both have advantages and disadvantages. Your choice of format depends on what you intend to use your income statement for, and what level of financial detail you're intending to provide.
· 3 min read
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What Is a Profit and Loss Statement?
At its most basic, a profit and loss statement gives users information about a business's revenue, its expenses, and its net income.
· 3 min read
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What Are Your Financial Statements Telling You?
Your small business's financial statements provide a wealth of relevant information for measuring your progress. Each one—balance sheet, income statement, cash flow statement, and statement of equity—provides another piece of your financial puzzle.
· 3 min read
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How to Evict a Tenant from a Rental Property
Has that perfect tenant turned out to be less awesome than you'd hoped? The eviction process may seem daunting, but it can be done.
· 5 min read
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Help! the FTC Shut Me Down! Now What?
Worried about a customer's FTC complaint against you? Learn more about the FTC complaint process and what it means for your business.
· 6 min read
