How often do you offer discounts to customers? Or, how frequently do customers return products to your business? You need to know about net sales if you offer discounts or accept returns. Read on to learn what net sales are, how to find them, and more.
Read More How to Find Net Sales: Formula and ExamplesIncome Articles
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How to Tell If Money Is Fake
As a small business owner who accepts cash payments, you must protect your business from counterfeit money. There are millions of dollars in counterfeit bills in circulation. Learn how to tell if money is fake before you accept counterfeit bills.
Read More How to Tell If Money Is FakeHow to Start a Loyalty Program for Small Business
Small business owners continue developing new ways to attract and keep customers. To encourage loyalty, some companies create programs designed to reward frequent customers.
Read More How to Start a Loyalty Program for Small BusinessProfit vs. Profitability
As a business owner, you need more incoming than outgoing money to keep your company afloat. How much money you have left over after you pay expenses is known as profit. You should measure your business’s profits, which is known as profitability. Understand profit vs. profitability to analyze your company and make financial decisions.
Read More Profit vs. ProfitabilityThe Basics of Small Business Revenue
Revenue is a vital part of your business. Your business needs revenue to survive. So, it’s important that you understand revenue. Below you will learn what revenue is, why revenue is important, how to calculate it, and how to increase it.
Read More The Basics of Small Business RevenueWhat Is Operating Income?
When you are tracking your business’s financial health, you will track many indicators. And if you are seeking money from investors and creditors, they will want to see these numbers, too. Operating income is one of the numbers you should calculate.
Read More What Is Operating Income?Do You Know How to Find Net Income?
Incoming revenue is vital to business growth, but it doesn’t paint the most accurate financial picture of your business. You must know whether your company is profiting after deducting business expenses. You need to determine your business’s net income.
Read More Do You Know How to Find Net Income?How to Increase Net Profit
Would you like your business to earn more? Of course you do! When you learn how to increase net profit, your business will have more money after expenses and become more stable.
Read More How to Increase Net ProfitWhat Is Gross Income for a Business?
Gross income is an important financial figure you can use to calculate other figures and determine how your business is doing. Learn about gross income, how to calculate it, and how to use it.
Read More What Is Gross Income for a Business?What Is Liquidity?
Does your business have enough money to pay off debts? If you aren’t sure, then you need to learn about liquidity.
Read More What Is Liquidity?