Cash Management

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What is EBITDA?

EBITDA refers to a company’s earnings before deducting interest expenses, taxes, depreciation, and amortization. It is an acronym that stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. As an indicator, it is used to calculate a company’s profit-making ability or its ability to generate income for its owners. Why use EBITDA?  The advantage of using …

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What is Net Profit Margin and Gross Profit Margin?

Net profit margin and gross profit margin are common terms used in business. Both of them measure the success of profit-generation of your various business activities. As a business owner, your goal is to make a profit. However, simply keeping track of your total sales and expenses does not accurately measure your business’s profitability, and …

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a blog featured with annete entitled How to Legally Take Money Out of Your Limited Company?

How to Legally Take Money Out of Your Limited Company?

It is so easy to think that, just because you have your own business, you can have access to your business’s money anytime you want and need to. One of the most common concerns small business owners have is how they can take out money from the business since they practically own and run the …

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Payment Gateway: Paypal and Stripe

When it comes to deciding on the best payment gateway for online businesses, PayPal and Stripe have both made a name for themselves. They are both widely known payment service providers (PSPs) in the e-Commerce industry. A PSP is a third party service that offers merchants various payment methods through a single channel. It allows online stores …

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a blog featured iamge entitled 7 Steps to Making a Profit First Instant Assessment with VAT

7 Steps to Making a Profit First Instant Assessment with VAT

In the book Profit First, Mike Michalowicz innovates the way cash flow is looked at by turning the traditional formula of sales – expenses = profit into sales – profit = expenses. This simple change reframes the thinking of individuals when it comes to spending habits. Michalowicz also introduces the Profit First Instant Assessment, which …

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How To Build Your Business Revenue Plan?

Most entrepreneurs are driven by their passion for business, product creation, and customer service. It is what makes them thrive in their respective industry. However, as your venture grows as well as its expenses, you will realize that it would also be rewarding if your biz is making money. It still boils down to your …

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Seven Essentials to Making Money Online

Now that we are acclimatizing to the “new normal” brought by the COVID-19 situation, a lot of businesses are starting to move online. How can you ensure success? In this article, essential things to making money online will be discussed. Here are seven essential things you need to make money, with the Internet as your …

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a blog featured image all about How Do You Calculate for Profit Margin?

How Do You Calculate for Profit Margin?

Profit margins are financial ratios used to determine your business’s profitability. Different profit margin ratios correspond to the reflected profit in a company’s income statement: gross, operating, and net. They are calculated simply by dividing the profit value by the total sales and multiplying it by 100, as profit margins are expressed in percent. They …

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