As consumer confidence plummeted during 2020’s months-long quarantine orders, so did overall retail sales. But with consumers relegated to the confines of their homes, an uptick in online purchases was a foregone conclusion, and this changed certain behaviors, at least temporarily.
Managing your money can sometimes feel like a daunting task. However, one way to stay on track is to use a financial plan to guide your path.
Your financial plan is a document that provides a roadmap to your money destination. It lays out your current financial situation, helps you...
Wage garnishments are tough. The government or some third party sends you a notice, sometimes with a court order, to reduce the wages of one of your trusted employees and then send the difference to them.
The government can garnish wages for unpaid taxes, unpaid student loans, and, of course,...
Purchase channels today are in a state of flux, putting the onus on sellers to cater to all relevant buyers and end-users, including wholesalers, retailers, and e-commerce customers. It’s called B2E–or business to everyone–and it necessitates that companies diversify their distribution channels to optimize selling potential.
Days sales outstanding (DSO) measures the average number of days it takes a business to collect payment from their customers. Similar to the accounts receivable turnover ratio, the DSO ratio can be measured monthly, quarterly, or annually, depending on the volume of credit sales your company has.
When I first learned how to do payroll, one thought kept flowing through my mind: “Holy expletive, this is a lot of numbers to keep track of.”
The company I worked for had several classifications and each caused the employee to be paid a little differently. Some...