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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
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14, May
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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22, April
2019

The Iron Clad Argument for Using Time Tracking for Salaried Employees

 

Asking employees to report how much time they are spending on each project can significantly increase.

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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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3, September
2018

How to Determine Profit Margins on Services

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

28, March
2013

Track Job Costing Through Your Accounting Software to Increase Profitability

Author : Dennis Najjar
Comments: 0

As a business grows, processes and procedures that were less significant in the beginning become critical to increasing.

17, February
2012

What Your Accounts Receivable Balance is Telling You

Author : Bill Gerber
Comments: 0

Top accounting software can do a lot, but it can’t be clever. That part is entirely up to you, as well as the people.

23, January
2012

Improving Your Cash Flow Without the Help of a CPA

Author : Bill Gerber
Comments: 0

You don’t need a certified public accountant on speed dial to tell you certain things. A business accountant is a great.

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