December 23, 2024 10 min read Marginal Cost: definition and examples Learn the answer to the question what is a marginal cost, how to calculate it, and why it's crucial for your business's ...
December 23, 2024 11 min read Return On Investment (ROI) calculator (Sales & Investment option) Learn how to calculate ROI for use cases ranging from investments to marketing and understand the limitations of ROI and...
December 16, 2024 11 min read Margin calculator (how to calculate profit margin) Discover the formula to calculate profit margin yourself, also understand the importance of margin and how it’s used in ...
November 28, 2024 1 min read Markup Calculator (and how to calculate markup) Markup is calculated by dividing the profit (selling price minus cost) by the cost price and then multiplying by 100, ou...
November 12, 2024 7 min read What is quick ratio? Demystifying the quick ratio in accounting: understanding its formula, significance, calculation, and how it compares to...
November 5, 2024 7 min read A guide to understanding depreciation Want to lower your tax bill? Boost your bottom line? Or increase the value of your business? Consider depreciation.
October 11, 2024 9 min read What are debits and credits? Explore this comprehensive guide to debits and credits, their roles in transactions, and double-entry bookkeeping.
September 9, 2024 7 min read What is inventory turnover? Discover the power of the inventory turnover ratio—a crucial KPI for businesses. Learn its calculation, implications, an...
August 20, 2024 7 min read Balance sheet: How to use this financial statement Learn how to use balance sheets and gain valuable insights into your business.
August 20, 2024 6 min read What is the gearing ratio? Discover how the gearing ratio affects the ability of your small business to secure funding, investment and manage debt.
August 7, 2024 8 min read What is Just In Time inventory and when should you use it? Learn how Just In Time inventory management helps companies cut waste by holding only the stock they need at the right t...
August 7, 2024 8 min read What is procurement, and how can it impact profits? Discover how good procurement can help you build profitability, avoid risks, and scale to new heights.
August 5, 2024 7 min read What are balance sheets and why are they important? It's important business owners and accountants understand how to read and interpret balance sheets. These documents offe...
July 12, 2024 11 min read How to manage your business cash flow in 10 steps Managing your cash flow is key to running a successful business. Learn the basics of cash flow, and get expert tips on h...
May 9, 2024 11 min read Why you should be doing cash flow analysis Find out why cash flow analysis is crucial for managing your operating, investing and financing activities.
May 3, 2024 8 min read Days payable outstanding – defined Discover what Days Payable Outstanding (DPO) means, its calculation, significance, and how managing DPO effectively can ...
April 30, 2024 6 min read What is gross profit and how to calculate it Discover what gross profit is and how to calculate it for a snapshot of your business finances.
April 29, 2024 4 min read What is crowdfunding? How to attract investment What is crowdfunding? It's a way for entrepreneurs to raise finances through collective small investments. Find out how ...
April 18, 2024 8 min read 8 AI side hustle ideas to try in 2024 Learn how AI can help you make money, where it makes sense for side hustle ideas, and what you can do to avoid potential...
April 8, 2024 7 min read Accounts receivable turnover ratio: how to calculate it Accounts receivable turnover ratio indicates the health of your company. Learn how to calculate it using examples and in...
March 25, 2024 7 min read What is an email money transfer (EMT) payment? Discover email money transfer (EMT) essentials: Learn how they work, steps for successful transactions, and practical ti...
March 21, 2024 10 min read What is accrual-based accounting? Explore in this easy guide. Learn how accrual-based accounting works, its benefits, and its role in enhancing business f...
March 6, 2024 6 min read What is a bookkeeper and what do they do? Explore the bookkeeper role in business: understand tasks, benefits, and how they differ from accountants. Essential rea...
March 6, 2024 7 min read Accounting for Amazon sellers Accounting for Amazon sellers comes with unique challenges and potential pitfalls. Discover how Canadian sellers can str...