Topics: improving sales, accounting services, job costing
Understanding your profit margins is a critical component of healthy financial management. With a product-oriented business, profit margins are often largely focused on tangible goods and materials that are easily quantifiable. However, if you are in a service-based business, understanding profit margins can become a bit trickier. For services, determining profit margins requires looking into more intangible factors and qualitative factors to figure out whether your business is really getting a good ROI or not.
As a small government contractor you may be stretched for accounting resources, and if this is your first contract,.
Why do 90 percent of businesses fail? Of course, there may be many factors involved and each startup fails in its.
After failing to pay your taxes, failing to file the appropriate returns is the second easiest way to incur the.
The accounting method you choose to use can determine you show a profit in a given year. This directly affects your.
Topics: IRS, accounting regulations, financial management
Many businesses aren't sure how long records must be saved in the paperless era. Record-keeping is a boring, but.
How much time do you spend thinking about your business' accounting technology and workflow? In an ideal situation,.
