I sought the LORD, and He answered me and rescued me from all my fears. Those who look to Him are radiant with joy; their faces will never be ashamed.
Psalm 34:4-5
by
Elizabeth
Aug 24, 2026
Quick Answer: Watch for payroll costs that rise without a clear reason, unusual overtime, pay-rate changes without approval, payments to former or unknown employees, duplicate bank accounts, frequent manual adjustments, and direct-deposit changes that were not verified. One of the best controls is a simple owner review of the payroll register before the money leaves…
by
Elizabeth
Aug 18, 2026
Quick Answer: For many established small businesses, a practical goal is enough cash to cover 3–6 months of essential operating expenses. Three months can work for a stable business with steady income. Six months or more makes more sense when sales swing, collections are slow, payroll is high, or one customer accounts for a big share…
by
Elizabeth
Aug 13, 2026
Quick Answer: The true cost of an employee includes more than wages or salary. A business may also pay employer payroll taxes, unemployment taxes, workers’ compensation, benefits, paid leave, payroll processing costs, equipment, software, training, and overtime. Add those costs before you hire so you know what the position will really require from your cash…
by
Elizabeth
Aug 10, 2026
Quick Answer: A balance sheet shows what your business owns, what it owes, and what is left for the owners on one date. An income statement shows sales, costs, expenses, and profit over a period of time. You need both reports to see the full picture. Last weekend, my oldest daughter saw me working and…