For service businesses, labor cost is the largest expense that is incurred in business operations. For many other types of businesses, the cost of labor is…

Time is our most precious personal resource; once we’ve spent it, we’ll never get it back. As busy entrepreneurs, we seem to have less time than…

The 2021 holiday sales season will give businesses a chance to continue their online migration from 2020 trends, with opportunities for more refinement and improvements.  The…

If you grant credit to customers or take recurring credit card payments, the unexpected can happen: a customer fails to pay on time, the credit card…

While Net Profit and your cash balance are probably the first two numbers you look at on your monthly Profit and Loss Statement, don’t stop there. …

Many people have complained about the worker shortages this year. If you need additional workers in order to grow your business, here are some ideas for…

If you’re a business owner who wants to continually find ways to increase your profitability, then you’ll want to learn about direct and indirect costs. Breaking…

You may already be doing your part to help save the planet. From recycling to driving electric cars, to avoiding the use of plastic bottles and…

While we all have to keep our monthly books up to date for tax and other compliance reporting purposes, we should never stop there. Your books…