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 The Profit Formula?
What Is The Profit Formula? Profit Formula: While people often use the terms benefit and revenue synonymously, they are quite different concepts in business. Revenue is the money generated through product and service sales. Profit is the amount that remains when you subtract the costs…
Income Statement Template
Income Statement Template Income Statement Template: An income statement or profit and loss statement is an essential financial statement where the key-value reported is known as Net Income. The statement summarizes a company’s revenues and business expenses to provide the big picture of the financial performance of a company over…
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…
What Are Fringe Benefits?
What Are Fringe Benefits? Fringe Benefits: Fringe benefits are additions to compensation that companies give their employees. Some benefits are given universally to all employees of a company while others may be offered only to those at executive levels. Some benefits are awarded to compensate…
Require Capital One Business Checking?
Require Capital One Business Checking? Capital One Business Checking: You’ve probably heard of Capital One’s business suite—Spark for Business—as one of the smallest business-friendly business suites in the industry. From Spark Cards to Capital One Lines of Credit, Spark for Business offers a variety of small business financing…
Reliant Funding
Reliant Funding Reliant Funding: Reliant Funding offers both secured and unsecured options for small businesses of varying sizes and qualifications. There is two main loan one for quick cash and another for long-term funding. In both instances, Reliant provides funding in the form of a…
PayPal Working Capital and Business Loans
PayPal Working Capital: PayPal Working Capital is a business loan for PayPal sellers that you can apply for in minutes and immediately access through your PayPal account. PayPal working capital loans are repaid, plus a fee, with 10% to 30% of your business’s daily PayPal…
Quicken vs QuickBooks Online
Quicken vs QuickBooks Online Quicken vs QuickBooks: QuickBooks is almost always a better option than Quicken because it is true accounting software for businesses, while Quicken is more focused on personal finance. QuickBooks will grow with you as your business expands, from a startup to…