Amr Elsherif

In more practical terms, retained earnings are the profits your company has earned to date, less any dividends or other distributions paid to investors. Even if you don’t have any investors, it’s a valuable tool for understanding your business. A statement of retained earnings shows changes in retained earnings over time, typically one year. Anything …

Retained Earnings Formula: Definition, Formula, and Example قراءة المزيد »

The procedures and strategies they followed may also work for your business, and may in fact “be one of the keys to a more successful operation,” Seeley says. Of course, there are some things that humans will always do better than software—and for other things, you may simply need more hands-on support (e.g. taxes). For …

How to Scale a Business: Strategies and Tips You Need to Know قراءة المزيد »

That way, there are no surprise fees, and clients know what to expect from you. You may also consider throwing in other costs, like a fee for an initial consult, to your pricing structure. Look at the types of services you offer and compare what you currently charge to others. If a client takes advantage …

Best Online Bookkeeping Services current_date format=year Rankings قراءة المزيد »

In summary, inventory plays an essential role in any business operation; whether manufacturing products or reselling them. It can affect pricing strategies based upon supply availability versus customer demand patterns over time—making procurement even more critical for companies looking to maximize their return-on-investment (ROI). Working capital changes are reported under the operating profit for the …

Inventory definition قراءة المزيد »