Finance: Accounting basics
Showing 10 articles for Finance: Accounting basics.
Accounting basics
YouTube
How tax write-offs actually work for small business owners
HR Party of One
March 10, 2026
Accounting basics
9
Compliance & regulation
7
- A deduction lowers taxable profit, not your tax bill directly.
- Meals, travel, and car expenses are routinely misused as write-offs.
- Employee wages and benefits are often the largest legitimate deductions.
Accounting basics
YouTube
How to stop losing money in your FSA and maximize your HSA
HR Party of One
July 8, 2025
Accounting basics
9
Productivity & habits
5
- Half of FSA holders forfeit money every year — here's why
- HSA beats every retirement account with a triple tax advantage
- Reimburse yourself decades later using the phantom receipt strategy
Accounting basics
YouTube
How to manage your personal finances as a leader
Coaching for Leaders
July 22, 2024
Accounting basics
8
Cash flow management
5
- Three moves — debt, emergency fund, retirement — must come first
- Term life insurance beats complex products for 9 in 10 people
- A credit freeze at all four bureaus is your only real identity protection
Accounting basics
YouTube
Improving financial literacy for leaders without an accounting background
Coaching for Leaders
July 22, 2024
Accounting basics
9
Cash flow management
8
Communication
6
- Executives average 38% on a basic finance test — even post-MBA.
- Profit and cash flow are different numbers; confusing them is costly.
- EBITDA explained: the valuation metric most leaders can't define.
Accounting basics
YouTube
How to read an income statement for non-accountants
Coaching for Leaders
July 22, 2024
Accounting basics
10
Communication
5
- 90% of business professionals can't read a financial statement — you can.
- Eight line items from revenue to net income tell the whole story.
- Spotting a P&L anomaly lets leaders act before problems compound.
Accounting basics
YouTube
How ordinary people build wealth without inheritance or high income
Coaching for Leaders
July 22, 2024
Accounting basics
8
Identity & self-belief
7
- 79% of millionaires built wealth through employer retirement plans, not windfalls
- A third of millionaires never earned six figures — income is not the variable
- 97% believed they controlled their destiny; victim mindset blocks wealth-building
Accounting basics
YouTube
Five tax credits HR professionals can unlock for their organization
HR Party of One
March 28, 2024
Accounting basics
8
Compliance & regulation
6
- HR's workforce knowledge is the key input tax advisors need to claim credits.
- Five federal credits reward hiring barriers, benefits, and paid leave.
- Creative veteran hiring netted one small business nearly $12,000 via WOTC.
Cash flow management
YouTube
Four financial strategies every founder needs to master
Dan Martell
March 13, 2023
Cash flow management
9
Accounting basics
7
Processes & SOPs
5
- Profit on paper and cash in the bank are not the same thing
- Free cash flow — not revenue — is the metric Bezos and Buffett track
- Daily, weekly, monthly reporting cadence prevents every major cash crisis
Cash flow management
YouTube
Nine financial habits that build wealth without sacrificing living
Silicon Valley Girl
February 16, 2023
Cash flow management
7
Accounting basics
6
Goal setting
5
- Experiences can't be frozen or seized — spend before desire fades.
- Ask how to 10x income without 10x hours, not just earn more.
- Miles from credit card spend are tax-free; sign-up bonuses aren't.
Accounting basics
Podcast
Retirement investing for founders: a simple, autopilot approach
Startups For the Rest of Us
July 6, 2021
Accounting basics
9
Bootstrapping
5
- Starting 20 years earlier turns $5,000 into four times the final wealth.
- Roth IRAs and business SEP-IRAs shelter far more than most founders realise.
- One total-world index fund on autopilot beats most active strategies.