The Details Matter
For the vast majority of franchisees an extra $1,000 a month in net income, or more owner’s salary, would make a huge difference. At BKE we see Net Income as a percentage of revenues ranging from a negative % to 10% for the majority of our clients. We understand that to really get the picture […]
Accounting Reports: What is an Income Statement?
Keeping detailed accounting records for your business is important for many different reasons. For one, your books hold a wealth of information about the financial state of your business. You can learn a lot about your operations and make smart decisions by looking at the right data. Accounting reports provide an overview of important financial […]