Budgets Archives - Stellar Ledgers

5 Ways to Recover Faster After a Financial Setback

Sep 20, 2021 | Budgets, COVID-19, Growth, Money, Small Business

You started your business with plans of earning a living and being successful, but an unfortunate fact of business life is that companies suffer financial hardships. Whether those hardships are pandemic-related or linked to other urgent situations, the effect is still...

7 Practical Tips to Trim Your Overhead Costs

Mar 11, 2021 | Budgets, Business, Costs, COVID-19, Money, Small Business

Every small business owner knows how challenging it is to cut down expenses without somehow compromising internal or external quality. Regardless of the nature of your business, the first step to reducing your overhead costs is to take the time to go through every...

Why Your Business Needs a Budget

Mar 31, 2019 | Budgets, Business, Growth

It’s important to create and maintain a budget for your business. Think of it as a financial roadmap for your business that allows you to track your business expenses and how much revenue you need to keep the business in operation. Budgets can also help you to...

Why It’s Important to Keep your Personal and Business transactions Separate

Mar 28, 2018 | Budgets, Business

It’s important not to commingle business and personal transactions for several reasons: Financial Tracking- Tracking the financial condition of your business is more challenging when you have unrelated personal transactions you need to isolate and remove monthly or at...

3 Critical Financial Statement Reports Your Business Needs

Sep 16, 2017 | Budgets, Business, Growth

Financial statement reports provide an overview of the financial activities of businesses. These statements can be crucial to helping a small business owner quickly identify areas of concern. It can also prove helpful in determining whether a business has the...