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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
5-problems-facing-smbs
13, September
2019

5 Biggest Problems for SMBs that Lack Accounting Processes

Unfortunately in the world of startups and SMBs, efficient and proper accounting systems and processes are often.

do-you-know-when-its-time-to-discontinue-producct
4, September
2019

Do You Know When it's Time to Discontinue a Product?

Owners and managers often continue to sell money-losing products out of sentimentality or unwavering optimism. To.
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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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29, July
2019

12 Key Financial Performance Indicators You Should Be Tracking

Your business's Key Performance Indicators (KPIs) are your tools for measuring and tracking progress in essential.

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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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