Owner financing occurs when the buyer of a property partakes in financing offered by the seller instead of making payments to a lender. Financing amounts can be for the entirety of the purchase price or a specified amount. Both parties must agree on the financing terms, such as the loan amount, interest rate, and amount…
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What Is Auto Lease Inclusion & How to Calculate
The auto lease inclusion is a reduction to allowable automobile lease payment deductions.
While the naming convention implies that something is included in income, the auto lease inclusion is a calculated amount by which lease payment deductions are reduced. The reduction is triggered if the lease duration is 30 days or more and the fair market value (FMV) of the vehicle exceeds the threshold amount that the IRS…
What is Angi? (+ Costs, Features, & Best Alternatives)
Angi (formerly Angie’s List) is an online directory where homeowners can search for home-related services in their area, like plumbers, landscapers, and home cleaners. Conversely, it’s also a platform where home service providers and businesses can list their services and attract clients. Keep reading to learn more about what is Angi, how it works, and…
How Much It Costs to Advertise on Google in 2024
How much does it cost to advertise on Google? In 2024, the average cost is $4.66 per click. However, this varies depending on the keywords your ad is targeting, your industry, and your overall ad campaign budget, among other factors. But one of the best things about Google Ads is that they’re suitable for any…
Net Working Capital: What It Is & How to Calculate It
Net working capital (NWC) is used to determine the financial health of a business by calculating the difference between a company’s current assets and current liabilities. You can use NWC to evaluate a company’s financial trends, growth projections, and solvency. You can use our calculator below to determine your company’s NWC. If you’re looking to…
QuickBooks ProAdvisor Preferred Pricing Program
The QuickBooks ProAdvisor Preferred Pricing Program offers QuickBooks ProAdvisors special pricing and discounts on various QuickBooks products and services. The eligible products are QuickBooks Online, QuickBooks Payroll, QuickBooks Time, and QuickBooks Bill Pay. ProAdvisors have three options to choose from—ProAdvisor Discount, Direct Discount, and Revenue Share—and they can choose only one program for each client….
What Is Upselling? Steps, Best Practices & Examples
Upselling is a sales technique or process of suggesting a higher-valued product or service to new or existing customers at a point of sale. The idea is that a customer is already in the buying mindset and could be easily convinced to upgrade to something better at that moment. This technique is generally used just…
What Is Merchandise Planning? 2024 Guide for Retailers
A failure to plan is a plan to fail. Here’s a breakdown of successfully planning your merchandise for optimized sales.
Merchandise planning is the strategic management of product procurement, allocation, and sales to maximize profitability. It is a critical aspect of retail business operations as it involves determining and maintaining optimal inventory levels, which prevents stockouts (and unhappy customers) and too much cash tied to excess or aging stock. The merchandise planning process accounts for…