SALES ORDER: Guide To The Sales Order Process and Tables
If you buy or sell goods, you’ve probably seen a document called a sales order. But have you…
PAYMENT BOND: Overview & Costs of Construction Payment and Performance Bond
There are numerous types of construction bonds used in the industry, which can be confusing. The good news…
RISK RETENTION: Definition and Best Strategies
In their daily operations, business owners face numerous risks. These risks are typically transferred to insurance companies by…
What Is Nonemployee Compensation? All You Need To Know
It is common for businesses to use non-employee labor on new projects and partnerships. However, if you are…
SUSTAINABLE GROWTH RATE (SGR): How To Calculate Sustainable Growth Rate
If a company wishes to expand or sustain its success in the future, it must consider and evaluate…
NET FIXED ASSETS: Definition, Formula & How To Calculate It
Net fixed assets is a valuation metric that calculates the net book value of all fixed assets on…
FRANCHISE MARKETING PLAN: How to Develop an Effective Plan
One of the most difficult responsibilities for a business manager/owner is to run a successful franchise in numerous…
FAIR VALUE ACCOUNTING: Definition, Example and Advantages
Accurate valuations are a crucial element of accounting. This brings us to fair value accounting. In this post,…
WHAT IS CREDIT CARD REFINANCING?
Nobody plans to incur unmanageable credit card debt. However, most people always fall victim to this. People can…
FORENSIC AUDIT: Meaning & Uses of Forensic Audit Report
A company may want to conduct an audit to gain a better understanding of its financial situation. A…