Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Explore the costs of POS systems for businesses, including hardware, software, payment processing, and installation fees, to ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Crea Taylor / ...

Implicit and explicit business transactions relate to a company's opportunity costs and cash expenditures. A business incurs explicit costs from a variety of sources, including hiring workers and ...

Christiana Jolaoso-Oloyede writes for media publications, B2B brands and nonprofits. Using her research, analytical and writing skills from her training as a lawyer, she focuses on garnering accurate ...

Running a small business requires the same output and input of a larger company but on a much smaller scale. This includes the necessary administrative and operating expenses to make the business run ...

Fixed expenses are easier to plan around because they stay the same from one month to the next. Variable expenses, on the other hand, are less predictable. Understanding both types and how they impact ...