Generational Wealth: A Comprehensive Guide

Generational wealth has become increasingly talked about in recent years, referring to the passing down of financial resources over multiple…

Understanding Money: What Is The Main Purpose Of Cash Flow?

What is the main purpose of cash flow? Simply put, cash flow provides an understanding of the money coming in…

Cost Reduction: What Is A Cost-Cutting Proposal?

If you’re a small to medium business owner looking for ways to reduce costs, you need to put a cost-cutting…

Is Cash Flow A Revenue Or Expense? Understanding Business

As a business owner, you understand the importance of tracking cash flow into and out of your business. You sell…

Growing Your Business: What Are The Profit Strategies?

The main goal of a company is to make a profit, and there are numerous ways a company can approach…

Wealth Factory Introduces Integrated Bookkeeping and Accounting Services through Bench

Wealth Factory has partnered with Bench to provide integrated bookkeeping and accounting services to its members. Bench gives businesses an…

Understanding Cash Flow: What Is A Positive Cash Flow?

Managing your cash flow is essential for any business or individual to be financially successful. In order to manage cash…

What Are The Characteristics Of Cost Cutting?

These past couple of years have been tough on businesses. Many business owners find themselves looking for ways to better…

Let’s Save Money! What Are Ways To Cut Costs?

What are ways to cut costs? With the ever-rising cost of living, it's important now more than ever to start…

What Factors Impact Profitability? Here Are 4 Main Aspects

Calculating business profitability is relatively straightforward, but keeping a company profitable takes persistence. So, what factors impact profitability? Spending time…