How profitable are auto repair shops? It depends on how well owners focus on labor costs, marketing, customer service, expenses and scheduling.
Accounting for Small Business
Gross Margin vs. Profit Margin: What’s the Difference?
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?
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.
How to Buy an Existing Small Business
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.
How to Do a Cash Flow Analysis
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.
What Is The Difference Between Bookkeeping and Accounting
Small business owners should understand the difference between bookkeeping and accounting because each function is essential to making informed decisions.
What is Debt vs Equity Financing? Learn about the Pros and Cons of Each
Learn the pros and cons of debt vs equity financing to find the best balance for your company.
Small Business Sales Tax: How to Calculate, Charge and Pay It
Nearly every state charges small business sales tax. This guide explains how you can get ready to process, collect and pay your share of the taxes.
What Are the Pros and Cons of Filing Bankruptcy?
Bankruptcy can offer a fresh start, but it also has some serious downsides. We cover the advantages and disadvantages of filing bankruptcy, along with the ways to do so.
What’s the Cost to Hire a Small Business Tax Accountant?
The cost of an accountant may depend on your type of small business tax return and other factors. We walk you through the fees so you can budget them in.