Millions and Billions: How to Read Big Numbers in English

If you were to stack a million $1 bills, it weighs 1 ton. And one million seconds equals almost 11 and a half days. This converter will convert numbers to words and figures to words. The number to words can be done for real numbers and Scientific E Notation. Limited to use of 200 characters […]

Bookkeeping vs Accounting: Whats The Difference?

Construction bookkeeping services offer a range of specialized solutions, including job costing, progress billing, payroll processing, and lien management. These services are designed to streamline financial processes, improve project profitability, and ensure compliance with industry standards and regulations. The first step in outsourcing bookkeeping is finding a reputable service provider. Clients can research accounting firms, […]

What is included in cash and cash equivalents?

Certificates of Deposits (CD’s) are usually recorded as short-term investments. Cash is the most liquid of the financial assets and is the standard medium of exchange for most business transactions. Cash equivalents are meant to honour short term requirements of a business. Consolidation can be done in this case because the drivers of the cash […]

How to Calculate Opportunity Cost: 10 Steps with Pictures

A sunk cost is a cost you have paid already and cannot be recovered. Sunk costs should not be factored into decisions about the future or calculating any future opportunity costs. For example, when a company evaluates new investments, it considers both the expected return on investment and the opportunity cost, including alternative investments, […]

TOP 10 BEST Bookkeepers in Lancaster, PA Updated 2024

While all accounting firms in Lancaster strive for accuracy and completeness in their work product, larger firms are also expected to provide cutting-edge insights from a broader perspective regarding strategic direction for their clients’ businesses. Additionally, some larger firms have expanded into offering additional specialized business solutions such as IT management or human resource consulting […]

Whats a Good Profit Margin for a New Business?

The net margin, by contrast, is only 14.8%, the sum of $12,124 of net income divided by $82,108 in revenue. The gross margin assumption is then multiplied by the revenue assumptions in the corresponding period. Unlike software and related services — which represent sources of recurring revenue — hardware products are one-time purchases. But before […]

Financial Projections: Accurately Plan Your Business Future

The same goes for your financial projections for startups. Financial projections for startups can be hard to complete. Find someone with financial projections experience to give insight on risks and outcomes. Your financial projections will help you see if your business plans are realistic, whether you’ll have any shortfalls and what financing you may need. […]

Wisconsin Tax Calculator 2023-2024: Estimate Your Taxes

Besides, it’s quite likely that you’ll find our margin calculator or the margin with sales tax calculator handy as well, especially if your job is in any way related to sales. Holmes detailed several factors driving local costs that must be considered within the development of the 2025 budget. Several State mandate costs, primarily related […]