Having a clear understanding of your finances is vital to running a successful business. It’s important to have a CPA (certified public accountant) you can trust on your team. Many
According to surveys of American workers, 43 percent of employees work from home some of the time, with a full three percent working remotely at least half the time. In
The Gross Profit Margin calculation describes how profitable a company’s goods and/or services are. It’s an important metric, and it’s one of the easiest KPIs to calculate. There are two
Every company sets financial goals, but are they basing them on the right metrics? We’ve seen too many businesses struggle with these issues. It’s not a coincidence. Few companies understand which strategies
Hi, I'm Cal Wilder, founder and CEO of SmartBooks Corp. This video is for all you EOS implementers and users of the entrepreneurial operating system. I'm an early implementer myself. Back in 2012, we implemented at SmartBooks.
If you’re familiar with the Entrepreneurial Operating System (EOS), you know it’s a popular management system used by small businesses. We’ve used it internally at SmartBooks since 2012, and in
With the Tax Cuts and Jobs Act bringing huge changes under the new tax law, you’re not alone if you’re wondering what that means for your personal return. To clarify,
In part 2 of our series on contribution margin, we’ll be looking at how business owners can increase contribution margin percentages by using three key inputs: Price Cost of Goods
Do you know how to calculate contribution margin? Are you currently tracking this crucial business metric? Your company’s contribution margin is a simple calculation of how profitable a product or
The Tax Cuts and Jobs Act brings the most sweeping changes to the tax code in a generation. So, if you’re still unsure of how the changes will impact you
