September 02, 2020
Charles Lutwidge
Small Business Guide for Invoice Payment Terms
Invoice Basics A business is setting up its expectations ahead with invoice payment terms. To do this you need to make sure that you cover exactly how and when you expect to be paid. So what do you do? You...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
September 02, 2020
Charles Lutwidge
Working Capital Ratio: Definition and Example
Sometimes, it is not enough to say a business is in “good health” or “bad health”. Thus, the management and investors often turn to financial ratios to put a number on this health, properly evaluate it and make the right...
September 02, 2020
Charles Lutwidge
Better Bookkeepers Review
Good bookkeeping makes a great business. It is one of the most essential roles that must be taken care of if you want to stay in business. Yet, doing bookkeeping is likely not why you started your business. Then why...
September 02, 2020
Charles Lutwidge
Your Guide to the Real Estate Capitalization Rate
Individuals who are relatively new to the world of real estate finance often do not really understand the concepts capitalization rates and how one applies them in commercial real estate. That is not a problem because this article will introduce...
September 02, 2020
Charles Lutwidge
Completed Contract Method
What is a Completed Contract Method? The completed contract method is very conservative. There is going to be no revenues recognized, no expenses recognized and certainly, no gross profit recognized until the contract is entirely complete. There is no spacing...
September 02, 2020
Charles Lutwidge
Minimum Wages in the United States
We all want an economy that provides a higher standard of living for low-wage employees. Some argue that raising minimum wages is the way to go. Others believe that it hurts the people it is intended to help, making it...
September 02, 2020
Charles Lutwidge
How to Increase Your Business Profitability
Business and sales are moving faster today than ever before. Every day it becomes harder and harder to compete with your competition. At the same time, for every entrepreneur, profit is a crucial part of being in business. Fortunately, there...
September 02, 2020
Charles Lutwidge
Your Guide to Inventory Accounting
What is Inventory? Inventory refers to any goods or materials that you carry in your business for further selling. So, if you want to sell it to earn revenue, it is part of an inventory. Both traders and manufacturers have...
