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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
Startup Tips

6 tips for avoiding financial disaster when starting a business

Before taking on a new venture, make sure you are on solid financial footing.

Starting your own business could be the ticket to the personal autonomy and financial independence you have always wanted. If it does not work out as planned, though, it may feel more like a nightmare—particularly if it has made a mess of your personal ...

by Jennifer Woods  | April 01, 2016 07:00:00