Month: October 2020

Bookkeeping for Small Businesses and Individuals in NY, NJ, CT and Virtual Offices Executive Bookkeeping Services, LLC

If the ratio of income to debt is small, you’re operating with a narrow profit margin. Analyze where you can cut some costs, and you can improve a narrow profit margin. You can also track your gross margin weekly, biweekly, or monthly based on your sales. GAAP stands for Generally Accepted Accounting Principles, which are the best methods you …

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