Want to let your customers know approximately how much a project’s going to cost them? If so, you need to know the ins and outs of creating a business estimate.
Read More 6 Business Estimate Facts in a 6-Minute ReadAccounting Articles
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Considering a Deferred Payment? Here’s What You Should Know
Running a business can be expensive. Rent payments, utilities, taxes, and equipment can all come with a hefty price tag. And if you have employees, you also have to throw in the payroll costs. So to save some money now and pay later, you may consider a deferred payment. But, what is deferred payment, and […]
Read More Considering a Deferred Payment? Here’s What You Should KnowWhat Is Crowdsourcing, and How Can You Use it to Grow Your Business?
Your business is your baby. You want to see it grow and prosper. But sometimes, you need to try new methods to get the word out about your company and raise funds for business growth. Thanks to the technological age, more options are out there now to assist you with funding and growing your business—like […]
Read More What Is Crowdsourcing, and How Can You Use it to Grow Your Business?What is the Gig Economy, and Who are Gig Workers?
Do you have freelancers or contractors working for you? Is your labor force full of short-term contracts? You might be working in a gig economy with gig workers. If so, you need to know the laws for hiring gig workers. Keep reading to learn more about the gig economy.
Read More What is the Gig Economy, and Who are Gig Workers?Debt-to-equity Ratio: How the Math Works for Your Business
Sometimes, debt is a necessary evil when running a business. Taking on debt may be your best option when you don’t have enough equity to operate. But, how much debt is too much debt? And, when does debt become “bad”? The accounting debt-to-equity ratio can help you determine how much is too much and draws […]
Read More Debt-to-equity Ratio: How the Math Works for Your BusinessAccounting Reports to Know Inside and Out
You know that running a business means tracking all of your incoming and outgoing money. So, you write it all down and track every single penny and transaction. But, how do you analyze all of that information? The answer: accounting reports. Let’s dive into the seven accounting reports you should know when running a business.
Read More Accounting Reports to Know Inside and OutA Business Owner’s Overview of Capital Gains Tax
Paying tax on your company’s incoming money is all part of being a business owner. But, not all money is taxed the same. If you earn money selling investments, capital gains tax comes into play. Read on to learn what is capital gains tax and why it matters in business.
Read More A Business Owner’s Overview of Capital Gains TaxGetting New Equipment? You’ll Need to Make a Purchase of Equipment Journal Entry
You probably depend on equipment to run your business. Computers, cars, and copy machines are just some of the must-have company assets you use. When it’s time to buy new equipment, know how to account for it in your books with a purchase of equipment journal entry.
Read More Getting New Equipment? You’ll Need to Make a Purchase of Equipment Journal EntryWhat Is Franchise Tax, and Does Your Business Need to Pay It?
As a business owner, there are a ton of taxes you need to keep on your radar. One tax you may need to pay to your state is franchise tax. But, what is franchise tax? Get the scoop about this type of tax and whether or not your business is responsible for it.
Read More What Is Franchise Tax, and Does Your Business Need to Pay It?Can’t See Into the Future? Don’t Be Surprised If You Have a Variance in Accounting
Forecasting how much you’re going to spend and receive is a key part of running a business. But, rarely do predictions match actual income and expenses. More than likely, you’ll experience a variance in accounting at some point.
Read More Can’t See Into the Future? Don’t Be Surprised If You Have a Variance in Accounting