The three main Amazon seller fees are sale-related fees (which include referral and closing fees), seller account fees (which will depend on the selling plan you choose), and shipping/fulfillment fees. Miscellaneous fees may also apply in rare cases. Amazon deducts these fees directly from your sales earnings before payouts every 14 days. We’ll walk you…
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What Is Online Banking? Definition, How It Works & Is It Safe?
Online banking is an internet-based electronic banking service that allows customers to manage their finances electronically using a computer or mobile device. Due to technological advances, nearly all banks offer an online banking option. This allows business owners to keep up with their finances on the go and continue running their business without interruption. How…
What Is Sales Forecasting: Steps, Benefits, Methods & Best Practices
Sales forecasting is the process of estimating future sales revenue within a given time, usually every week, month, quarter, and year. While it’s not an exact prediction, it’s an excellent basis for your sales team’s performance and can enable you to make more informed sales and marketing decisions. With accurate sales forecasts, you can adjust…
What Is a Basis Point? Definition, Calculation & Uses
A basis point, which is also commonly known as “bps” or “bips,” is a unit of measurement that represents a percentage change of value or rates within various financing instruments. It is a term commonly used throughout the finance industry and can have varying impacts based on the financing type it’s associated with. How Basis…
What Is Rideshare Insurance? Coverage, Cost & Benefits
You’ve just picked up your first passenger and are taking them to the airport. Instead of focusing on the road, your attention is diverted to your passenger when you’ve run a red light and hit another car. In these situations, rideshare insurance is a standalone policy or endorsement on your personal auto policy that provides…
What Are Dupes? Business Risks & Opportunities Explained
“Dupes” is shortened slang for “duplicates,” as they are duplicates of authentic branded products. Dupes are a prevalent trend on social media, with influencers posting on platforms like TikTok about how to find dupes for specific products. While dupes used to have a negative connotation, about a third of US consumers1 have intentionally purchased dupe…
Diversity, Equity, and Inclusion (DEI) Calendar for 2025
One of the key concepts of diversity, equity, and inclusion is to provide awareness to employees about the celebrations of other cultures. By using our DEI calendar, you will have access to a large list of national and DEI holidays that focus on diverse groups, cultures, and religions. To help you keep track of monthly…
What Is the Dividends Received Deduction & How to Compute
The Dividends Received Deduction (DRD) is a tax break available to a C corporation (C-corp) that receives dividends from other corporations in which it is a shareholder. The DRD’s main purpose is to protect corporate income from being subject to multiple layers of taxation. A corporation can claim a specific amount of DRD based on…