The breakeven point (BEP) is the sales point at which total revenue is equal to total costs. At breakeven point, you neither earn a profit nor incur a loss. Knowing how to calculate the breakeven point is an advantage since it can help you determine the right level of sales needed to break even and,…
How To
How To Make Expenses Billable in QuickBooks Online
To create billable expenses in QuickBooks, you must first turn on the billable expense feature and set up additional preferences like the default markup rate. Then, create an expense, bill, or check as you normally would, mark the Billable checkbox, and select the customer or project associated with the expense. When you’re ready to bill…
How To Choose the Right Accounting Software for Your Business
As businesses evolve and transactions become more complex, the need for robust accounting software becomes increasingly evident. Choosing the right accounting software for your business is a pivotal decision that can significantly impact the efficiency, accuracy, and overall health of your company’s financial operations. In this article, we will provide the essential considerations and practical…
How to Accept Credit Card Payments Online for Free in 2024
If you are running a small business in 2024, it isn’t a matter of whether you should accept credit card payments—it’s a matter of how. While businesses can accept credit card payments online without any monthly or startup fees using services like Square and PayPal, there is no escaping transaction fees (which average about 3%)….
How To Track Billable Hours in QuickBooks Online
QuickBooks Online Plus has a built-in basic time tracking tool that allows you to capture billable hours worked by your employees. You can track time spent on one-off or ad hoc tasks using single-time activity timesheets or ongoing or repetitive tasks using weekly timesheets. In this article, we’ll show you how to use time tracking…
How to Buy a Bar in Seven Easy Steps
If you’ve decided that you’d like to own a bar, then you normally have two options: build one from the ground up or buy an existing bar for sale. In this article we cover how to buy a bar in six steps. We’ll look at the reasons to buy rather than build, where to find…
Top 12 Ways to Generate Commercial Real Estate Leads
Learning how to generate commercial real estate leads can be done without spending large amounts of time or money. To be successful, you need the right tools and strategies in place to attract and convert clients effectively. From networking, branding, and niche marketing to running social media ads, using proven strategies will help you become…
How to Write a Press Release for an Event (+ Template & Examples)
An event press release announces the details of an upcoming event to the media to gain press coverage and increase event attendance. Learning how to write a press release for an event isn’t complicated with these steps: identify your audience, format the release, craft a captivating headline, and write the body of your announcement. Lastly,…