The Complete (But Brief) Guide to Implementing a Payroll System

Congratulations! You’ve signed up for your payroll system and now you’re ready to process your first run. Or are you? Starting a payroll system can be a little daunting if you don’t know what you’re doing. Whether it’s a new software provider you’re getting your…

What Is a Pay Stub and What Is It Used For?

Sometimes, when pay stubs fill up a drawer or file cabinet, you have to wonder why you’re keeping so many of these around. For employers, this is multiplied many times! What is a pay stub used for? Keeping these records, whether in physical form or…

Using SEO to Stand Out From the Competition in the Business Landscape

When doing business in Australia, Sydney is one of the best places to choose from. Nicknamed Australia’s business capital, Sydney is a growing metropolis filled with diverse business opportunities and talented employees. Having the largest economy in Australia, the city is often considered the number…

What Is The Cost Of Debt?

What Is The Cost Of Debt? Cost Of Debt: A company’s cost of debt is the effective interest rate a company pays on its debt obligations, including bonds, mortgages, and any other forms of debt the company may have. Because interest expense is deductible, it’s…

What is Product Liability Insurance?

What is Product Liability Insurance? Product Liability Insurance: As a business owner, you’re responsible for every product you make and sell. If one of those products is faulty or causes some sort of injury, your business could be held accountable for the consequences that follow….

Net Working Capital Formula

Net Working Capital Formula Working Capital Formula: Net working capital is a liquidity calculation that measures a company’s ability to pay off its current liabilities with current assets. This measurement is important to management, vendors, and general creditors because it shows the firm’s short-term liquidity…

What Is Asset Turnover Ratio?

What Is Asset Turnover Ratio? Asset Turnover Ratio: The asset turnover ratio measures the value of a company’s sales or revenues relative to the value of its assets. The asset turnover ratio can be used as an indicator of the efficiency with which a company is using its…