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Tag Archives: accounting

5 Financial Figures Every Retailer Should Know

financial figures

How comfortable are you with understanding the metrics and financial figures used in your business’s accounting files and financial statements? If you have trouble differentiating your defensive interval from your EBIT, you’re definitely not alone. Take a moment to review …

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5 Numbers to Check in Your Financial Statements

financial statements

As you wrap up the year and make plans for 2019, it’s a good time to review your accounting records. Was 2018 a year of growth? Or have market challenges been pulling your operation down? More than likely, the first …

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Accounting 101 for Retail Business Owners

accounting

Click the picture to download a PDF of this story. Most independent home improvement business owners and employees don’t have a background in accounting or finance. While the financial metrics of a company are only one piece of the puzzle, …

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A New, Easy Way to Understand Financial Statements

If you’re a little confused by all the numbers in the financial statements of your business, you’re not alone. Many retailers would rather be on the salesfloor helping customers than in the backroom poring over paperwork. Nonetheless, those financial statements …

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