What is inventory control? It’s about monitoring and maximizing the return on your company’s investment in inventory.
Business owners can use working capital management techniques to ensure that their businesses are liquid enoughto meet day-to-day expenses.
How profitable are auto repair shops? It depends on how well owners focus on labor costs, marketing, customer service, expenses and scheduling.
Small business owners can use their financial statements to monitor gross margin vs profit margin to spot negative trends and take corrective action.
What are capital expenditures for small businesses? Learn how these investments work and pick up tips on finding the right spending level for your company.
Buying a small business can be easier than starting your own. Here’s how to buy a business — and some tips on negotiating the best price.
Learn about the differences between net income vs. net revenue for small businesses.
A simple cash flow analysis can help you better understand your company’s financial health, and even free up extra money. Here’s how to run one.
Find out how to reduce the differences between your gross sales vs net sales to increase your bottom line.
Small business owners should understand the difference between bookkeeping and accounting because each function is essential to making informed decisions.