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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
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12, November
2019

4 Factors You Are Likely Overlooking In Calculating Your Sales Margins

If you calculate your sales margins by subtracting the cost of inventory from your retail sales amounts, you might feel that you have a handle on your true profitability. However, using a simple formula for determining whether a product is profitable for your company doesn't always reveal true profit margins. From factoring in advertising and marketing costs to understanding the human costs of service, you may very well be overlooking many factors when calculating your sales and profit margins. To make sure you have a full picture, consider the following:

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16, July
2019

How to Determine Profit Margins on Services

Understanding your profit margins is a critical component of healthy financial management. With a product-oriented.

25, June
2019

Controller Checklist for Small Businesses

As the owner of a small business, you've probably been getting by with piece-parting your financial and accounting.

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9, June
2019

3 Reasons to Use Time Tracking Even if You Charge a Flat Rate

Your company always uses flat rates for client projects. You don't want to deal with the hassle of time tracking,.
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29, April
2019

What is VC and is it Right for Your Business?

Venture capital is funding you acquire by selling some of your equity in your company. This option is attractive to.

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3, March
2019

Save Your Business by Improving Cash Flow

Understanding the difference between assets and cash flow is critical to business survival. Working with an.

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11, September
2018

5 Trends Driving Disruption in the Accounting Industry

Sweeping disruption of the accounting industry is imminent. Massive technological change and shifting consumer.

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