Category: Finance 101

The latest updates, stories, ideas and guides from the Ralston team.

Jan 30, 2020 - 2 min read

The Correct Way to Report Revenue

One of the most common improvement opportunities we see with new clients is related to how they report their revenue. When you’re first starting your business, your primary objective is usually “Make Money!”. This is one of the most difficult things to do. Go from zero to one. If you can make it here, congratulations! […]

Aug 1, 2018 - 3 min read

Ways to Determine the Financial Value of Your Business

Business valuation is a complicated process. You may start by looking at what you have and estimating the value of each item. However, your valuation may not even come close to the actual selling value, which can be determined through the application of standard valuation methods. Your Own Valuation – A Good Starting PointThis is […]

Jun 21, 2018 - 3 min read

Knowing When You Need To Switch Your Accounting Software

Accounting software is a kind of application that has the capability to record and manage accounting data. It processes accounting transactions using functional modules. Accounting software may either be developed in-house, purchased from a third party or a combination, where it is purchased from a third party and then customized according to the business’ needs. […]