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Inventory Valuation
How does my inventory value affect my bottom-line and taxes? Your Profit & Loss report and Balance Sheet are interconnected. How you value inventory determines costs of sales (aka: cost of goods sold) and therefore profit. The formula is: Costs of sales =...
At-Will Employment
At-will employment is a term used in U.S. labor law for contractual relationships in which an employee can be dismissed by an employer for any reason (that is, without having to establish "just cause" for termination), and without warning. When an employee is...
Gains & Losses
Businesses often own capital assets. They include all kinds of property, movable or immovable, tangible or intangible, fixed or circulating. Thus, land and building, plant and machinery, motorcar, furniture, jewelry, route permits, goodwill, tenancy...
Business By The Books
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Questions Small Business Owners Should Be Asking
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Better Business Through Technology
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Business By The Rules
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Archived Blog Posts
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