Contractor Accounting Solutions

Fashion stylists are professionals who specialize in creating visually appealing outfits by selecting clothing and accessories that complement their clients’ personal style, body type, and the occasion. Nobody becomes an artist because they secretly want to be their own accountant. However, if you begin your creative profession, you will undoubtedly have to deal with your…

Gross Profit Ratio Formula, Calculation, and Example

That’s because the company is spending nearly as much money as it’s receiving from gross sales. Gross profit margin is an important metric for measuring the overall financial health of your business. If you have a negative gross profit ratio, it means your basic cost of doing business is greater than your total revenue. A…