RETECHNOLOGY PREMIUM MARKETPLACE RELATED PRODUCTS | WEBINARS | SPECIAL OFFERS
You are viewing our site as a Broker, Switch Your View:
Agent | Broker Reset Filters to Default Back to List
Due to the ongoing situation with Covid-19, we are offering 3 months free on the agent monthly membership with coupon code: COVID-19A
UNLIMITED ACCESS
With an RE Technology membership you'll be able to view as many articles as you like, from any device that has a valid web browser.
Purchase AccountNOT INTERESTED?
RE Technology lets you freely read 5 pieces of content a Month. If you don't want to purchase an account then you'll be able to read new content again once next month rolls around. In the meantime feel free to continue looking around at what type of content we do publish, you'll be able sign up at any time if you later decide you want to be a member.
Browse the siteARE YOU ALREADY A MEMBER?
Sign into your accountDo You Know the Net Worth of Your Business?
July 10 2012
Guest contributor Kashoo says:
The United States Small Business Administration (SBA) generally classifies a "small business" as having less than 500 employees and about $50 million in annual sales. Here at Kashoo, we specialize in working with freelancers, solo practitioners, SOHO (Small Office Home Office) owners, and small businesses—none of which even register on the SBA's Size Standards Table. But no matter what the size of your business, it is important for you to know its net worth and you can calculate your company's net worth using the reports generated from your online small business accounting software—Kashoo is real accounting for real small businesses like ours!
The net worth of your business is different from its market value because to calculate the net worth, all of the assets, liabilities, and equity listed on your balance sheet are reported as historical costs. Business owners often use their net worth when applying for financing from banks and other lending institutions.