Small business

Growing your small business is exciting! But that excitement comes with certain growing pains. Once you have more than a handful of employees, you’re likely going to want to digitize and automate your payroll. After all, do you want to spend your days doing tedious payroll tasks or focus your efforts on providing the best […]

Overhead costs are ongoing business expenses that are not directly attributed to creating a product or service. Calculating and keeping track of overhead is important for any business. Not only does it make budgeting easier, but it’s also used to determine how much they should charge for their products in order to turn a profit. […]

It might look like it, but EBITDA is not actually an alien word. It is an acronym that stands for “earnings before interest, taxes, depreciation, and amortization.” As you may have guessed by now, it’s a metric used in the business world. A company’s EBITDA can help you better understand their ability to generate cash […]

Entrepreneurship isn’t always the easiest path to take. Many people start and fail at their businesses, year in and year out. After all, it’s well known that most businesses fail. In fact, the U.S. Bureau of Labor Statistics (BLS) reports that approximately one-fifth of businesses fail after the first two years. Around 65% fail within […]