Establishing and building business credit can open many financial doors for your business. Read on to find out how to build business credit and why it’s so important for your company.
The unit of production method is useful when an asset's value is better defined by the number of units it produce, versus the number of years it is used. Let's review a list of important key terms you’ll want to understand.
Volusion and Shopify are two of the leading Ecommerce platforms on the market. Our goal is to help you break down the basics of these terms so you can make an informed decision when choosing between them.
A principal-only payment is an additional money you send in that directly brings down the principal of the loan, therefore cutting down the payments on interest. If that's confusing, we’ll break it down even further.
Recurring payments occur when a merchant automatically charges a customer for goods or services on a previously agreed-upon schedule. A business model that offers recurring payments is good for business.
When you track your variable costs, you are able to see where you can cut back a little or even splurge when the time is right. The smallest of changes can add up to a big difference in the long term.
