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Rachelle Waterman

Rachelle's a freelance writer specializing in content and campaigns for brands like Wave, PolicyMe, Homebase, Knix, and more

The latest from Rachelle

How to Hire Employees: The Ultimate Guide

Whether it’s a seasonal, part-time, or full-time employee, hiring employees is a huge step for small businesses.

What is a profit and loss statement?

Learn what a profit and loss statement is, why it matters for your business, and how to read one with ease. Understand key terms, examples, and take control of your finances today.

Cash basis accounting: What it is and how to do it

Small business owner? Then you might be familiar with cash basis accounting—even if you don’t know it by name. So, let us introduce you.

What is accrual basis accounting and how does it work?

The method of accrual basis accounting records your financial transactions based on when they’re incurred, not when cash is exchanged.

Schedule SE: A guide to the self-employment tax form

Here’s everything you need to know about Schedule SE, filling it out, and filing it right.

How to file self-employment taxes

Six easy steps to filing your self-employment taxes are mandatory, so that you can get them done on time and correctly. Sounds simple, doesn’t it?

How to manage loan payment journal entries

Have questions relating to loan payment tracking? We’ve got lots of answers; all explained simply and quickly so you can get back to doing what you do best: running your business like a boss.

How to calculate cash flow: 7 cash flow formulas, calculations, and examples

Cash flow is a reflection of how money moves into and out of your business. For many small business owners however, both understanding and using cash flow formulas doesn’t always come naturally.

How to calculate retained earnings (formula + examples)

Learn how you can better understand the financial health of your business by calculating retained earnings.