Distinguishing Gross Sales vs Net Sales: What You Need to Know
Your new business needs the right equipment to get the job done. You also need to equip yourself with knowledge about how gross sales work and what they mean to your bottom line. When reviewing your monthly numbers, your gross sales number can make you feel pretty...
What Is Debt Coverage Ratio and Why Is It Important for Your Business?
So, you’re here with one very specific question to ask: “What is debt coverage ratio?” The answers to that question may differ, depending on whether you’re applying for yourself or a business. It may even be more important to ask yourself other...
How to Craft an Outstanding Invoice Email to Get Paid on Time
Did you know that American small businesses were collectively owed 825 billion dollars in unpaid invoices in 2016? When you operate as an independent contractor or a small business, delayed or unpaid invoices can put you at a financial loss. Considering...
How Does Purchase Order Financing Work?
Is your business experiencing financial hardship? Every successful company is bound to encounter a few challenges along the way. But, when companies experience a minor setback, it doesn’t have to bring business to a halt. Today’s wide range of business...