Tips and advice to help you manage your business finances efficiently
Having a strong net profit margin in your business does not mean you’re going to make more money as it represents how much cash you have on hand to keep — not how much your company’s revenue has increased by. It is also a measure of financial stability when economic fluctuations happen and a measure… Read more »
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Accurate Cost of Goods Sold (COGS) helps improve profitability by giving you the information needed to make pricing decisions that grow revenue over expenses, so you can focus your time on cutting costs and creating a better experience for your customers. With accurate COGS you’ll know the exact cost of each item you sell and… Read more »
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The top line and bottom line in business are important figures on a company’s income statement. Find out which one’s more important for long-term growth.
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What is a break-even analysis? This formula will help you determine how many sales you need to make a profit. Here’s how.
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Learn about the differences between net income vs. net revenue for small businesses.
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