Small business accountants can use one of four distinct inventory costing methods to account for the cost of goods sold. Different inventory costing methods are best suited to different situations and ...

Achieving equilibrium between cash flow and inventory demands meticulous planning from business owners. The average wait for payment from clients has stretched to about 29 days. With that type of ...

Inventory consists of products awaiting purchase. How your business stores it depends on space, costs, spoilage concerns, needs for better efficiency and whether you want to unload your most recent ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Thomas J. Brock is a CFA and CPA with more than 20 years of ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

At this point in the game, every merchant should assume they’re competing with Amazon’s vision for the future. If you set that as the bar, you’ll achieve greater things than just incremental ...