If you own a business or are an aspiring entrepreneur, it is vital to understand…
Ask the Experts: Business Planning
What is a Virtual Card? And Why Should Business Owners Care?
Widespread data breaches and identity theft have everyday Americans looking for ways to make their…
What Is an Average Collection Period?
The average collection period is the time it takes for a company’s clients to pay…
How to Calculate Contribution Margin
When taking a look at how your business is doing financially, it’s tempting to focus…
What is Capital Budgeting?
It’s common to have many projects on your to-do list when running a business, and…
What Is Managerial Accounting?
When most people think of accounting, they think of a complex web of rules and…
How to Calculate Working Capital
Businesses looking to get a handle on their day-to-day spending and operations can learn a…
Quick Ratio vs. Current Ratio: What’s The Difference?
When running a business, you need to be able to look at your finances at…
What is a Pro Forma Income Statement?
A pro forma income statement is a document that shows a business’s adjusted income if…
