Do market research in 6 simple steps: Identify your target market, find out if the market is big enough, talk to your potential customers, and document.
All these questions may have perfectly reasonable answers, but sorting through them will help you understand what’s going on, and give you confidence that you know what you’re talking about when it comes to income statements. You do. Revenue minus expenses equals the bottom line. Everything...
Calculate taxes As an employer, you’re responsible for calculating and withholding money for federal, state and local taxes from every employee’s paycheck. The amount you withhold is determined by the Forms W-4 submitted by your employees and current tax rates. In addition, the United States...
Revenue forecasting is a strategic financial planning process that businesses use to estimate and project their future income or revenue. It involves anticipating the amount of money a business expects to generate from its core operations, products, or services over a specific period of time. ...
Learn how to benchmark your Net Promoter Score (NPS) performance, track progress, and see better customer experience results.
Employee compensation Legal and administrative costs It’s also worth mentioning the difference between interest payments anddividendpayments. You can deduct interest payments from your gross revenue to help calculate net revenue. Yet you rarely deduct dividend payments. Instead, these deductions occur in...
Starting a business is a pursuit that appeals to many, but not everyone knows where to start. This guide will walk you through the elements of starting a business and explain what you can expect as you embark on the journey.
Why measure employee engagement? You might have a strong human resources (HR) program in place that gives you an overview of your employees’ journeys— from onboarding to exit interviews— but is that program up to date and measuring the right experiences? Keeping it relevant and working for...
Covering the owner's salary and other employee wages Packaging and shipping costs for customer orders Examples of working capital Need to calculate your working capital needs? Here are some of the things you might want to consider when reviewing your business expenses: ...
Understand FUTA tax and how it impacts your business. Learn what FUTA is, 2025 FUTA tax rates, credits, and how to calculate and file your FUTA tax liability.