by onlineadvisor1 | Jan 9, 2023 | Accounting, Finance
One of the most important areas of a company’s financial management is the calculation of gross profit. However, it is the most misunderstood and overlooked areas of business. It is the profit a company makes after deducting the costs associated with making and...
by onlineadvisor1 | Jan 4, 2023 | Accounting, Finance
As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts. An important part of financial literacy for a business is the concept of expenses. What is an Expense? An expense is a cost a business...
by onlineadvisor1 | Jan 3, 2023 | Accounting, Finance
As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts. The concept of revenue is an important one. It may be one, however, that is very misleading. Let’s get into the reasons why....
by onlineadvisor1 | Oct 26, 2022 | Finance
Within a balance sheet, there is a category that lists the value of assets in the organization. An asset is a resource of a company that it exclusively owns. It is a resource that is “scarce.” Also, it is able to produce economic benefit by generating cash inflows...
by onlineadvisor1 | Sep 22, 2022 | Finance, Personal Development
If you’re responsible for an organization, a business or even a family, you will eventually deal with a financial crisis of some sort. Maybe it’s a mistake on the checking account balance, an unforeseen expense, a drop in revenue . . . all of these...
