Understanding Fixed, Variable And Semi-Variable Costs

In the world of accounting and bookkeeping, there are three different types of costs – fixed, variable and semi-variable. Understanding these costs can help you better grasp how your money is spent. They can also be used to project your expenses, create a budget, and develop revenue targets for your business. Fixed costs Fixed costs […]

How To Create A Budget That Can Be Your Business’s Roadmap

Some accountants compare a business’s budget to a roadmap or GPS directions. They use this analogy because your budget guides you towards your goals. If you don’t have a budget, your business probably won’t get to where you aspire it to be. Now is the time to create your budget for 2016. The first step […]