How Do You Invoice Billable Hours?
To invoice billable hours, you should keep accurate track of the time spent doing a client's work. You often find freelancers or small...
Gross Profit Margin: How to Calculate It
One way to measure the profitabiıliy of your business is to calculate the gross profit margin. To provide services or goods to consumers,...
Net Profit Margin and How To Calculate It
Implementing better cost control and minimizing expenses can help a small business achieve a higher net profit margin and overall business success. Let's...
Operating Profit Margin: Formula and How To Calculate It
The operating profit margin (OPM) should be a key performance indicator if you aim to sustain and grow your business. From tracking your...
How To Avoid Paying Taxes
When business owners search for articles on how to avoid paying taxes, the common thought is to discover a hack to evade taxes....
How To Calculate Profit Margin?
It's essential for small business owners who want to improve efficiency, compare financial performance, and secure investment(s) to know how to calculate profit...
Bookkeeping 101: What Is Bookkeeping?
Some of the common questions about bookkeeping are: What is bookkeeping? How does it work? Who is a bookkeeper? How much does bookkeeping...
What Are Billable Hours? Setting Your Billable Rates
Billable hours is a value-based pricing method you use to ensure that every minute spent on a client's project is accounted for. Small...
What does arrears in accounting mean?
When a service is delivered and the agreed payment day is missed, or the pay comes after the due date, it's said to...
What is the difference between gross profit and net profit?
Understanding the difference between gross profit and net profit helps you see your company's financial position. While gross and net profit may seem...