Owner’s Equity: What It Is and How to Calculate It
What is Owner’s Equity? Owner equity is a key financial item in the company which gives the assets’ total value less liabilities attributable to the owners. This value will show how much the owners would be left within the company in case all the debts had to be paid. In the case of companies that […]
Capital Expenditure (CAPEX) – Definition, Example, Formula
If you operate a company and sink money into something like a new construction or just some machinery, then, you need to be concerned with the magnitude of the expense you’ve incurred. As a way to figure this out, you need to calculate capital expenditures. It will also assist you in viewing your investment income […]
Working Capital: Components, Examples, Formula, and How to Manage it?
An organization’s success depends on knowing how much working capital it has available to pay payments when they become due. A solid balance sheet is not always the outcome of concentrating solely on earnings. It’s business efficiency through working capital that everyone needs to understand, and automatic replenishment of stock does help, but with working […]
Business Payments Explained: Online Payments & Accept Payments for Your Business
When the World Wide Web was made available for public use in the early 90s, the opportunities to grow e-commerce and online shopping also started emerging. An annual growth that has reached two or three figures since its birth in the mid-1990s, is now proud to state that online shopping equals all the retail sales […]
Closing Your Books in December Sets Your Business Up for Success
It is the beginning of the holiday season and a time to close your financial books for the year. It is something every business has to do each year except in those cases when your fiscal year ends on December 31. Closing your books is simply a method by which all the details concerning your […]
Why Small Businesses Should Outsource Accounting Services
Let’s start with a formula that will get you up on running about the importance of accounting services: The necessity to develop a full-fledged brilliant accounting team is directly proportional to the growth of your business. It’s a simple yet powerful note you need to put in your sticky note because the lifeline of your […]
