Inventory turnover ratio is simply the formula for figuring out how often a business sells and replaces its inventory. A ratio that is higher is usually a good indication that sales are good and business is at least steady.
To get your business better prepared for the technology to come, take a look at the top small business trends for 2021.
A credit card processing company can be expensive, but there are cheap alternatives available. In this article, we discuss the five cheapest ones of 2021.
In short, net 30 means that you’re letting your client pay you for your services within 30 calendar days after you have billed them. Find out why you should or shouldn’t implement net 30 terms into your business model.
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.
Businesses need additional funding from time-to-time, but it may be difficult to qualify for a business loan if you haven’t established good credit history. A good option is taking out a secured business credit card.
