What is a general ledger and why is it important? To find out read on! What is a general ledger? A general ledger is a log of all the transactions relating to assets, liabilities, owners’ equity, revenue and expenses. It’s how a company can tell if it’s profitable or it’s taking a loss. In the…
Month: March 2015
Proofing a Concept and Growing the Code
In a recent conversation, a friend mentioned he creates proof of concepts and then discards them after testing their viability. I’ve done the same in the past. This time it didn’t feel right. I cringed when he said he threw away to the code. Maybe my days as a business owner has turned me into…