Learn how to grow your business with our expert advice.
At some point, someone’s going to ask for it, and you might be left wondering: What is a P&L statement? You’ll soon realize that starting a business also means becoming a part-time accountant. The profit and loss statement is one of the most important tools in your business toolkit. It shows what you’ve earned, what […]
Even profitable business owners with steady clients and tight budgets are still wondering why and how hard is it to get a business loan this year? With the shifting economy, banks are becoming more cautious than ever. So, if you think you can walk into a bank and get a loan with just strong revenue, […]
Many business owners are left wondering what a UCC filing is when their lender mentions it out of thin air. While finances are the best part about running a business — especially when the ROI is fruitful — the paperwork is not. This term often comes up when you’re applying for a business loan or […]
You’ll often hear gross revenue vs net revenue brought up when people talk about business performance. But unless you’ve worked closely with financial reports, the difference might not be obvious right away. Knowing what sets them apart helps your business grow with control, instead of chasing numbers without knowing their meaning. In this article, we’ll […]
If your business feels like it’s hustling but not earning, it might be time to ask: what are overhead costs, and how are they affecting your profitability. A business can have numerous expenses that help keep it running steadily but aren’t derived from a specific business activity, sales, or services. However, they are substantial and […]
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We will continue to donate 50 meals for every successful transaction.
