Whether you’re a business owner who’s buying or selling goods, it’s essential to understand the various components of the supply chain. One of the critical decisions you must make involves choosing between wholesale and retail. Unfortunately, […]
When labor law violations make the news, missing labor law posters aren’t typically the focus. Perhaps that’s because they’re often out of sight and out of mind. This was made apparent in a recent QuickBooks […]
When you check your inventory on paper, or more likely in the computer, it seems you should have a lot of inventory of one particular item—and, yet, as you peruse the shelves or warehouse, you […]
If you’re a small business owner ready to hire workers, you need to understand the tax implications of doing so. Business owners can recruit two types of workers — employees and independent contractors, otherwise known […]
When it comes to your business, the thought of taking on debt can be intimidating and risky. What happens if you run into a financial situation in which you can’t pay back what you owe? No matter […]
The start of the year is a great time to reassess your business. To grow sales and profits in 2019, you’ll need to process more transactions and serve more customers. You may also need to […]
If you’re a new business owner—or, thinking about starting a business—you may not realize that there are rules and regulations about how to keep your financials. Even if you know the basics of accounting, you cannot simply […]
There’s never been a better time to be a small business owner. Thanks to the internet, it’s possible to reach new customers anywhere in the world. But, figuring out where to get started is always […]
Gross profit is your total sales, less the direct expenses required to achieve those sales. Gross profit allows you to evaluate your business at any given moment, and track its growth and efficiency over time. […]
Sales to a business are like rain to spring flowers. Without it, they wither and die. Finding what works to generate sales and earn a profit for your company is essential to your long-term success. […]