Too often a business owner under pays themselves. If you need proof, look at your social security statement contributions. It’s nearly impossible to know how efficient your business is functioning without having a true owners salary for the...
Gross margin is a company's total sales revenue minus its cost of goods sold (COGS), divided by total sales revenue, expressed as a percentage. The gross margin represents the percent of total sales revenue that the company retains after incurring...
Truth is Profit should not be a one time event at the end of the year. How often do business owners wait till their accountant tells them how much net income was left over from their business activities. They then look at their b...
A dividend is a distribution of a portion of a company's earnings, decided by the board of directors, paid to a class of its shareholders. Dividends can be issued as cash payments, as shares of stock, or other property.
Having someone who is knowledgeable in your market can give you the upper hand on spaces that are available and more productive for your line of work. Often as a business owner you do not have the time to stay abreast of cha...
