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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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13, October
2019
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11, October
2019

How to Speed Collection of Your Accounts Receivable

 
Do you have strong sales but still find yourself in a cash crunch? The solution could be shortening the amount.
18, September
2019

Failure is Temporary: Using Financial Missteps to Your Advantage

Whether you have been in business for decades, or you are just getting started, money management can be an issue no.

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12, August
2019

Accounting Tips for Bootstrapping Your Business

As a saavy bootstrapper your goal is to minimize costs while maximizing opportunities. This extends into each of the.

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23, July
2019

10 Ways To Improve Your Budgeting & Forecasting

Budgeting and forecasting allow a business to plan accurately for its fiscal year. Below are 10 ways to improve.

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26, March
2019

Are You Guilty of the Top 5 Accounting Mistakes Entrepreneurs Make?

Most entrepreneurs have no problem coming up with big ideas for how to start a new business. Despite this creative.

exit strategy alignment
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