As a business owner, one of the key accounting ratios is gross profit as it impacts the success of your small business profoundly. Knowing what is gross profit and having a clear understanding of your gross profit margin can mean substantially increased profit for your small business.
Watch my video about Gross Profit Margin
Turnover does not determine what your business is worth. Discover the factors potential buyers may examine, including recurring revenue, customer concentration, management, systems and how heavily the business depends on you.
Your business has just had one of its best months ever. Sales are up. The order book looks good. Everyone is busy. Yet somehow, there
Discover why a client left for a cheaper accountant and why they came back after the experience went wrong.
I’ve seen profitable businesses go broke more times than I can count. And normally, tax isn’t the thing that actually caused the problem. Tax might
Are you running your business using your bank balance or accounts that are already months out of date? Discover how a clear two-page business report can help you monitor profit, cash flow and performance before problems become expensive.