Margin vs. Markup Chart: How to Calculate Margin and Markup
Business owners often confuse margin and markup. Each figure helps you set prices and measure productivity. But, a margin vs. markup chart shows that the two terms reflect profit differently. It’s...
New FLSA Salary Threshold: Talking to the Newly Nonexempt
The U.S. Department of Labor (DOL) recently introduced a new FLSA salary threshold. The DOL estimates that 4.2 million workers will be affected by the FLSA overtime rules.
If you have exempt...
Should You Use Credit Cards to Finance Your Business?
Written by Meredith Wood, Head of Content and Editor-in-Chief at Fundera.
A number of problems can arise in a business: broken equipment might need to be replaced, you might need to replace a bad...
You hired an employee. You had them fill out Form W-4 and Form I-9. They read the employee handbook. You put them through training.
That’s all you have to do, right?
Did you know that you also have...
Firing an employee is a tough decision for any business owner. Make sure to do it the legal way.
No one likes to fire an employee. You may be concerned about hurting the feelings of a likable, yet...
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