ProfitTrust : Mar 4, 2022 1:25:47 PM
Cost avoidance has to do with any action that avoids having to incur costs in the future. In a business setting, the cost avoidance is a measure that lowers potential increased expenses as a way of decreasing a company’s future costs.
ProfitTrust : Jan 4, 2021 12:00:00 AM
We’re always thinking about the customer and looking for ways to serve them better, however, you can get to a point where you don’t even know where...
ProfitTrust : Feb 25, 2020 12:00:00 AM
A general ledger account is the backbone of the recordkeeping of business, forming the basis of a firm’s financial statements. It is used to sort,...
ProfitTrust : Feb 25, 2020 12:00:00 AM
The word “audit” is typically associated with the Internal Revenue Service (IRS). The IRS generally opens an audit on a taxpayer when their taxes...
ProfitTrust : Feb 25, 2020 12:00:00 AM
To remain competitive, firms are collaborating with their once rivals as never before — providing processing, transportation, or delivery for one...
ProfitTrust : Feb 25, 2020 12:00:00 AM
Generally, employers will usually pay their employees on a biweekly or semi-monthly basis. So, what is the difference between a biweekly payment and...
ProfitTrust : Feb 25, 2020 12:00:00 AM
ESCOs are competing for your business. As a result, there may be a wide variety of products and price options available to customers shopping for...
ProfitTrust : Feb 25, 2020 12:00:00 AM
The issue of lost mail can lead to trouble. Chronically lost packages can be bad for your business, and disappointed customers are likely to share...
ProfitTrust : Feb 25, 2020 12:00:00 AM
As a business owner, reducing costs while maximizing revenue in your business is always in front of the mind. Your ability to do this and the...
ProfitTrust : Feb 25, 2020 12:00:00 AM
A tariff is a charge levied on imported goods. Customs authorities impose tariffs on goods arriving at a nation's borders. Countries can sign free...