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Five Numbers You Should Know About Your 2016 Performance

Before we get too far into 2017, let’s take a look back at 2016 results and five meaningful numbers you may want to discover about your business’s performance.  Grab your 2016 income statement, or better yet, give us a call to help you compute and interpret your results. Revenue per Employee This number measures a company’s productivity with regard to its employees and is relevant and meaningful for all industries.  If you have part-time employees, compute a full time equivalent total and Read more [...]
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Understanding Payment Terms

If there is a period of time between when your customers receive your goods or services and when they pay for them, then several things are true: There is a balance in Accounts Receivable on your balance sheet that represents how much customers owe you You have an invoice process that you follow Customers have been granted credit cards You may have some that don’t pay as quickly as you’d like them to Each invoice you send should have payment terms listed.  A payment term is Read more [...]