Business Metrics: Profit Margin (ep 2)
Profit margin is a core metric for all businesses. Here is how to set it up for your company and each product or service you sell.
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Building a business will bring plenty of ups and downs, as well as lots of surprises. If there’s one tool that can help you roll through those ups and downs and make adjustments along the way, it’s the old fashioned business plan. A business plan is an actualized, logical breakdown of your company’s future. It’s…
Business Metrics: Why Business Metrics Are Important (ep 1)
Business Metrics are important for every business. Find out how to easily begin monitoring basic metrics for yours.
Accounting | Business | Finance | Planning
Accounts Receivable
What are Accounts Receivable and Why Do They Matter? Accounts Receivable are one of the most important components of your revenue line. Very simply, accounts receivable are money you are expecting to flow into your business as a result of work performed or goods and services dispensed. As a business owner you sell a product…
Small Businesses: What’s Your Plan for 2023?
Why Plan? Whether your business has had a great year, just an okay year, or a year that could have gone better, knowing how you are going to run your business for next year can give you a leg up on achieving outstanding results in 2023. What is a Plan? A business plan is a…