Gross profit is an important key performance indicator (KPI) to track, but so is the contribution margin. Many business owners unfortunately overlook contribution margin or do not fully understand what it represents. To truly understand your business's financials, learn what contribution margin is, how you calculate it, and what the number means for your business's ability to grow and expand.
As the owner of a small business, you've probably been getting by with piece-parting your financial and accounting.
Most people have heard of blockchain technology, but relatively few know exactly what it is, or why it’s so.
Topics: bookkeeping services, accounting tips, cfo services
When it comes to a company’s bookkeeping practices, the business will only operate as efficiently as the processes.
As costs vary, the way you value your inventory can impact both your tax bill and how healthy your company looks to.
You don’t need an MBA to know there are two basic ways to increase your profits: increase revenues or reduce costs..
Do you count gift cards given to employees as cash payments? Have a system for easy reimbursement for taxes when an.
