Understanding and Computing the Cost of Sales
In order for you to make a useful estimation of the profits to expect out of a business activity you need to establish the costs you'll incur in making sales. It is these expenses that are incurred in bringing a product/service to the market that are referred to as the cost of sales.
Accounting Systems for Small Enterprises
How can a small enterprise keep track of its expenses and sales, and the profits it made in a given timeframe? With what tools can a small enterprise estimate its costs of production and make a comparison of its present and past performance? An efficient accounting system is exactly what's required.
College Financing for Entrepreneurs
People become entrepreneurs because they want to have more control over providing financial security for themselves and their families. For some entrepreneurs, this also means furthering their children's education -- but saving for college can be difficult for entrepreneurs. Here are some suggestions for small business owners who are trying to fund their kids' higher education.