Accounting Considerations for Business Insurance Coverages

July 1, 2024 | 0 views

With more than eight million small businesses in America, and more than $776 billion in net premiums issued by the insurance industry in 2022 for commercial policies (according to the Insurance Information Institute), business insurance is big business. Along with...

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How to Develop a Credit Policy

June 1, 2024 | 0 views

A credit policy explains how a company will manage lines of credit for client accounts and what procedures to follow for severely outstanding invoices. It helps a business promote a robust foundation for its working capital level.Defining a Credit PolicyUnlike...

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How to Calculate Operating Return on Assets

May 1, 2024 | 0 views

During Q3 of 2023, businesses in the United States made approximately $3.3 trillion, according to Statista. This is right behind the third quarter of 2022, when corporations in America made even more money. These figures are the net income of...

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Defining Burn Rate, Gross Burn and Net Burn

April 1, 2024 | 0 views

When it comes to any business, but especially for a start-up, it’s essential to determine how long a company can survive before it must declare bankruptcy and/or close its doors. The biggest metric, especially for a start-up, is to determine...

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Actions Lottery Winners Should Consider

March 1, 2024 | 0 views

We all have those days when we dream of striking it rich with a winning lottery ticket. Never having to work again while living a life of luxury. While your chance of finding a four-leaf clover is higher than winning...

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