Did you know that promissory notes were an early form of paper money? From Babylon to the British civil war, they have a long history. But the craziest thing...
Expenses are an important feature of every business. Business owners generally look for ways to reduce expenses in order to improve profitability. And while...
If your business imports products from abroad, you’ll need to know about Cash Against Documents (CAD). This method of financing may be preferred by the...
Having visibility and control over your business' cash flow is critical to its success but most importantly survival. Cash flow is flagged as one of the top...
What is the Selling Price?
The selling price of a good or service is the price paid by the buyer. While the seller determines the price, several factors...
The formula for sales revenue is relatively simple to calculate. At its core, sales revenue generated boils down to the average price that customers are willing
When this final number is expressed as a percentage of the sales, it is called the ‘Net Profit Margin’. Gross Profit Margin Formula: Gross Profit/Revenue x 100
There are four main ways you can withdraw funds from a limited company. These are, Salary, Reimbursement of expenses, Dividend payments and director’s loans
Each business in all industries has one goal: a growing profit margin. Regardless of the industry and magnitude of the business, all business owners envision...
Working Capital or Net Working Capital is a measure of how efficient a business is in its day-to-day operations.
Essentially, it shows how much money or...
What is net income?
Net income (also called ‘net profit’ or ‘net earnings’) is a measure of how much much money a business makes minus the money spent to help...
Here, we’ll explain how the Global Shipping Programme works, including countries it ships to and how much it costs. This should help you work out if it’s the ri
In this guide, we’ll cover some of the main software options available in the UK in 2021 to help you understand which is the right option for your business.
Trading 212 has the most user-friendly interface, and the most straightforward terms when it comes to fees in particular. eToro mainly deals in crypto trading,