While correct accounting practices won’t grow your business, they can help to maximize your profits and efficiency. Yet, many small businesses don’t want the hassle (or just don’t have the knowledge) to deal with things like depreciation or amortization.
Fortunately, these topics aren’t as tough (or boring) as they might sound. Inc.com offered up a new guide this week on how to handle depreciation and amortization. Check out the post for more on these two useful accounting practices, as well as some info about how certain recent legislation makes significant change to how these practices work.