According to one recent study conducted by the Small Business Administration, there are approximately 28.8 million small businesses in the United States that are collectively responsible for about 99.7 percent of all economic activity in this...
More InfoHow to Determine a Business’s Health by its Net Profit Margin
Determining a company’s net profit margin is valuable because this calculation gives a business and its financial officers a strong picture of the company’s profitability. Defining Net Profit Margin Net profit margin determines the...
More InfoHow to Create Cash Flow Projections and Profit & Loss Statements
When it comes to making cash flow projections, we’re all aware that it’s not an exact science. One of the main difficulties about accurately projecting cash flow has to do with timing. Examples include factoring in overhead such as payroll...
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