Expense to Profit Articles

A Risk Free Way To Improve Your Bottom Line

Successful companies know their cash flow and develop dependable plans to raise their profits. Business owners aim to offer high-quality service and increase revenue, notwithstanding the operational variations, target market, and customer.

A Risk Free Way To Improve Your Bottom Line2022-06-28T09:33:53-04:00

eSourcing For Reverse Auctions

What are the expectations of every business owner? To generate more sales, expand their brand structure, and improve their bottom line. But much more than that, their goal is to reduce operating costs.

eSourcing For Reverse Auctions2022-06-14T08:34:08-04:00

Accepting Crypto as a Business or Non-Profit

Cryptocurrencies are gaining more ground and penetrating every sector as a form of digital payment. According to research, 53% of Americans believe that crypto is the future of modern banking and finance. And because of this, more businesses owners are asking themselves how they can start accepting crypto as a form of payment

Accepting Crypto as a Business or Non-Profit2022-06-01T12:52:41-04:00

Inflationary Effects on Wages and Benefits

One of the most significant topics in virtually any industry is inflation. Currently, avoiding conversations about inflation seems impossible, and it is not good news for business executives or workers. The inflation and uncertainty in the stock and crypto markets make conversations around full recovery inconclusive. According to the U.S. Bureau of Labor Statistics (BLS), consumer prices have risen to 8.3% – the highest inflation rate recorded since 1981. The producer price index (PPI), an indicator of consumer price, also rose to 11.2%. Which raises further questions about the inflationary effects on wages and benefits?

Inflationary Effects on Wages and Benefits2022-05-19T11:08:28-04:00

Cost Seg. Analysis 100% Depreciation Ending in 2022

With rising inflation and economic uncertainty, there is no better time to maximize cost-efficiency than the present. While business executives are looking to make more capital investments, they are also considering minimizing the tax burden on operations and properties using methods like cost segregation. Using this analysis to reduce costs due to asset depreciation can be highly worthwhile for business owners. 

Cost Seg. Analysis 100% Depreciation Ending in 20222022-05-16T09:05:29-04:00

Digital Solutions for the Cannabis Space

Despite the pandemic, the cannabis industry is one of the fastest-growing industries in the US and the world. As local, national, and international regulations begin to ease, the industry is expected to boom over the years. Because of this, businesses in and around the cannabis space are popping up across the United States.

Digital Solutions for the Cannabis Space2022-05-09T10:25:21-04:00

Status of the Restaurant Revitalization Fund

The House has passed a bill that would replenish the Restaurant Revitalization Fund. Restaurant and bar owners should monitor the legislative situation so as not to miss out RRF funding of up to $5 million.

Status of the Restaurant Revitalization Fund2022-08-04T09:54:47-04:00

Employee Retention Tax Credit and Startups

With rising inflation and economic uncertainty, businesses worldwide are struggling to manage operations while keeping employees on the payroll. Looking for every opportunity or benefit for your business should be a top priority right now especially for startups. As a startup business you may not believe you have the time and effort available to research and apply for these credits and this could be detrimental to your firm.

Employee Retention Tax Credit and Startups2022-04-25T11:34:39-04:00

How is Your Business Procuring Energy?

Procurement is the thread that holds production, sales, quality, sustainability, and supply chain management together. Thus, it is a commonplace to see business executives on high alert on procurement processes. Consistency reviewing your business's expenses and strategies can help reduce waste and overages and even help turn a more significant profit. How your business is procuring energy is no different from many other expenses.

How is Your Business Procuring Energy?2022-04-20T10:39:39-04:00

Managing Expenses With An Impending Recession

As businesses and corporations the world over put the struggles of the global pandemic behind, the battle for economic stability lingers. Now more than ever, business executives are dealing with a different economic downturn: impending recession. 

Managing Expenses With An Impending Recession2022-04-13T09:13:31-04:00
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