You don’t need an MBA to know there are two basic ways to increase your profits: increase revenues or reduce costs. The smartest businesses implement marketing strategies and cost-cutting measures that do both, but far too many obsess so much over increased sales that they forget about the importance of trimming the fat, and end up actually reducing profits.
The accounting method you choose to use can determine you show a profit in a given year. This directly affects your.
The ability to sort accounting transactions by user-defined divisions and classes in QuickBooks is a great way to.
Many businesses start with rather haphazard accounting practices, especially when it comes to accounts payable and.
Too many businesses never think about internal controls until they start losing efficiency, investors demand it, or.