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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
14, May
2021

How to Analyze your P&L Statement

A P&L statement is also known as an income statement. It is a financial report that outlines a summary of the company's expenses, revenues, losses, and profits over a period of time. Keep in mind that it is different than a cash flow report. A P&L report includes the cost of sales, revenue, administrative expenses, net income, marketing and advertising, technology, and interest expense. It is generally done every fiscal year, quarter, or month.

3, March
2021

How to Understand Contribution Margin and Gross Profit Margin

When companies want to increase profits, it's best to study the contribution margin and the gross profit margin..

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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.

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12, May
2017

3 Simple Steps to Create Longevity

If only it was just about your great idea. Most entrepreneurs are passionate about their product or service, but.

exit strategy alignment
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