by Layne Bodily | Jan 30, 2023 | Business Planning, Business Resources, Financial Planning
This is Part 5 of a short series discussing the basics of the income statement. See part 1 for a general overview, part 2 for more info regarding revenue, part 3 for costs of goods sold and part 4 for operating expenses. So far, we’ve covered all the basics of...
by Layne Bodily | Jan 13, 2023 | Business Planning, Business Resources, Financial Planning
This is Part 4 of a short series discussing the basics of the income statement. See part 1 for a general overview, part 2 for more info regarding revenue, and, part 3 for costs of goods sold. Operating expenses are expenses needed to run the company that does not...
by Layne Bodily | Sep 1, 2022 | Business Planning, Business Resources, Financial Planning
This is part 3 of a short series discussing the basics of the income statement. See part 1 for a general overview, and part 2 for more info regarding revenue. In this post, we’ll be talking about costs of goods sold. In general, costs of goods sold are going to be...
by Layne Bodily | Jun 28, 2022 | Business Planning, Business Resources, Financial Planning
This is part of a series by Layne Bodily, Partner at Fates, Bodily & Parker meant to help business owners understand their financial statements and how they can be used to make decisions and help grow your business. This is part 2 of a short series of posts...
by Layne Bodily | Jun 21, 2022 | Business Planning, Business Resources, Financial Planning
This is part of a series by Layne Bodily, Partner at Fates, Bodily & Parker meant to help business owners understand their financial statements and how they can be used to make decisions and help grow your business. We talk a lot about running a business by the...
by Team FBPCPA | Oct 22, 2021 | Business Insights, Business Planning, Business Resources
Fractional CFO, Part-Time CFO, Virtual CFO: What They Are and When You Need One There are many terms bandied about when it comes to the position and outsourcing of a Chief Financial Officer (CFO). It is easiest to start understanding these terms by getting a firm...
