Understanding your own companies’ finances is a key component of your company’s success. This financial visibility comes from good record keeping and reporting these records in such a way that a business owner has information to make smarter business decisions.

The Trump administration’s recent increase in tariffs is causing a trade war and losing investors trust in the market who are pulling the highest level of money from global stock-focused funds since the 2007-2008 financial crisis. Market trends such as these are worrying economists, and many have been very vocal that the slowing worldwide market and the escalating aggressive retaliatory trade war could plunge America and the world into a new financial crisis.