Understanding when and how to calculate profit margin in your business is one of the key fundamentals to knowing your numbers. Here’s why.
Most small businesses look at the Profit and Loss Statement regularly, but many don’t understand the importance of the balance sheet.
For some business owners, making money isn’t the only motive for running a company. Here’s what it means to operate a profit-for-purpose business.
Workplace bullying is serious and all allegations should be treated as such, but what if an employee simply makes up allegations to avoid their own dismissal?
Running a small business often means working with small margins. In turn, smaller margins require keeping a diligent eye on company expenses and effectively cutting costs when needed.
Silicon Valley nearly killed this startup. Now Moochies, offering wearable tech for kids, is a multi-million dollar business, writes Nina Hendy.
Want to boost your profits without increasing the number of customers? Find out how increasing your average transaction value will help.
Whether you’re a sole trader looking to improve your business finances or just starting out in small business, understanding cashflow statements should be top of your priorities list.
Cash flow is the most crucial element for any business. Of small businesses that fail, up to 90 percent of those failures are caused by a lack of cashflow.