According to Rebekah Carter from Findstack.com, she reports “58% of consumers would pay more to support a company with good reviews.” You’ve probably seen dozens of reviews come through your eCommerce website for several products. Maybe you’ve even been fortunate enough to have an online influencer endorse your product. These are both examples of social […]
What is the difference between an income statement and a profit and loss statement?
The difference between an income statement and a profit and loss statement is in name only. Both of these terms refer to a report that shows the overall sales, expenses and net income. How does understanding this type of statement help business owners understand their financial health? The income statement is one of the easier […]
The Top 7 Things Bookkeepers Need from their Clients
When a client starts working with a bookkeeper, there are a lot of details they need to know in order to get the job done right. The client should be aware of and understand everything that is expected of them so that the bookkeeper can do the job in a timely manner. Communication plays a […]