When you’re just starting out with business accounting, your company’s accounts payable (AP) process might seem like …

Your business can’t survive without accounting and bookkeeping. These tasks, although essential, take up more time and …

Establishing accounting and bookkeeping best practices for your small business is an important priority. The sooner you …

Service firms know better than most how important labor efficiency is to profitability. A study by U.S. Bank found that …

Small service businesses need to prioritize profitability. Research shows that typical small service companies struggle …

Profitability is critically important for privately owned service businesses due to many factors including: The paycheck …

Many service businesses are small, privately owned firms with one owner or a few partners. While many aspire to grow, pr …

As a quick recap, Labor Value Multiple is simply a measure of profitability where you take the revenue for a client and …

One question I get asked a lot is: what is the single most important financial metric I should focus on? Well, if you ow …