My credentials to give advice on these matters stem from my undergraduate and graduate school studies in Finance, Accounting and Information Technology as well as my CPA license having worked in public accounting and risk management consulting for nearly ten years. There are alot of people with aspirations to put their already operational small business into compliance; establishment of legal and tax protections.
Also, people that read the content on my site tend to understand WHO developed this playing field therefore I find it important to share some insight on how to adapt to the underbelly mechanisms of small business management, regulatory compliance and internal corporate financial oversight.
Obtaining a line of credit is NOT vital to run a successful business. However, obtaining a line of credit and mismanagement of this leverage – I have seen it CRUSH small businesses. I found an excellent website in which the author has very neatly categorized and compartmentalized many facets of corporate finance and accounting in language that is easy to understand.