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November 29, 2023
Construction business owners often wonder about the key responsibilities of their controller or full charge bookkeeper. They understand the basics, such as creating income statements, handling […]
November 10, 2023
Managing your business finances involves various aspects. You must handle bill payments, clear debts, and ensure timely employee payment. There are instances where you may need […]
October 27, 2023
Net working capital is like a financial health checkup for a company. It tells us if a business has enough money to handle its daily expenses […]
October 20, 2023
The Real Difference Between Contribution Margin and Gross Margin Occasionally, investors and company leaders might mix up gross profit or margin with contribution margin. Big mistake! […]
October 19, 2023
Regardless of the specific market or industry you’re in, maintaining steady progress is crucial for your business’s ongoing success. This is where the concept of year-over-year […]
October 14, 2023
What is Variable Expense? Managing your money can feel tricky when you can’t control all your expenses. Some costs, like car payments, always stay the same. […]
October 12, 2023
Year-to-Date (YTD) calculations serve as a valuable tool across a multitude of industries, including business management, accounting, and finance. They provide an efficient means of assessing […]
October 4, 2023
Tax form 8832 is used by partnerships or Limited Liability Companies (LLCs) to pick or change their tax classification. In short, Form 8832 lets taxpayers elect […]
September 29, 2023
Exploring Operating Cash Flow (OCF) Operating Cash Flow, often called cash flow from operating activities, is like a snapshot of a company’s financial health. It […]