Your small business taxes are based on the type and structure of your business. If you recently started a small business, you might be wondering which forms you need to file and what your tax obligations are as a business owner. Check out this small busi
Holiday pay can be seen as a gift to your hardworking team members—a way to enjoy some time off without feeling the pinch in their wallets. While no formal rule states you have to pay employees for time they don’t work, the reality is a bit more complex. How do you calculate it...
Unless they change their spending habits, they may never have enough money to save for emergencies, retirement or other life goals. If you feel as though you are living too close to the financial edge, your grocery budget can be a prime place to reduce spending and free up cash. ...
That’s not to say that you can’t process your own payroll and calculate your own overtime. You certainly can. And for smaller businesses with fewer employees, that might make good business sense. It all depends on your situation. To help you decide if the DIY-route is right for you,...
If you're feeling the post-holiday pinch in your wallet, here are six ways to recover from overspending.
Year-over-year growthis a method of evaluating change over time by comparing an outcome in one period to the same period in the prior year. In simple terms, it answers the question:“How much did we grow (or shrink) compared to this time last year?”.This approach provides a consistent...
Demand Planning for Retailers: How to Prepare for an Influx of New Shoppers Inflation in Retail: Everything You Need to Know How to Calculate Beginning Inventory & Give Stock a Dollar Value Retailer’s Guide to Inventory Days on Hand (DOH) The Retailer’s Guide to GMROI (and How to Improv...
2. Calculate Your Monthly Income and Expenses Create a comprehensive list of your monthly income sources and expenditures. This includes rent or mortgage, utilities, groceries, transportation, and any outstanding debts. Be sure to include discretionary spending like entertainment and dining out. ...
Retailers often experience spikes in orders during holiday periods—a time when shoppers want to have their items arrive on time. This causes an increase in shipment volumes that can overwhelm couriers, especially if they don’t have an efficient delivery network system. Don’t forget about inte...
How to calculate home equity Tocalculate the equity in your home, follow these steps: Find your home’s estimated current market value.What you paid for your home a few years ago or even last year might not be its value today. If you’re just exploringhome equity options, you can use ...