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Startup Tips

Financial Adviser: What is depreciation?

There are three advantages when you depreciate an asset.

Q: My accountant has reviewed the financial projection I prepared for my new business. I was told that my forecast was too positive because I did not include depreciation expenses. Do I really need to include depreciation in my income projection? Why? ...

by Henry Ong  | May 17, 2016 05:00:00