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automotive repair

Comparison of depreciation and amortization. On the left, tangible assets like a laptop, office chair, and commercial building represent depreciation. On the right, hexagonal icons of a handshake, legal document, and registered trademark symbol represent intangible assets for amortization. The contrasting backgrounds visually distinguish physical and intangible assets.

Unlock Big Savings with Depreciation and Amortization—Simplified!

When was the last time you casually chatted about depreciation or amortization over coffee? Yeah, I didn’t think so. These two accounting terms don’t...

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A confident small business owner stands with arms crossed in front of a storefront with a sign reading

Bulletproof Your Business: How to Thrive in a Recession

Economic downturns are a natural part of the business cycle, and while it's impossible to predict exactly when the next recession will occur, savvy...

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Learn the crucial difference between profit margin and markup in small business accounting.

Markup and Margin Explained: Stop Pricing Mistakes & Boost Profits

Running a business isn’t just about selling great products or services—you’ve gotta price them right, too. And if you're mixing up markup and profit...

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Pass through entity taxation cans save business owners thousands.

Understanding Pass-Through Entity Taxation: Save Thousands in Taxes

Pass-through entity taxation is a concept that might sound complex at first, but it's actually a game-changer for small business owners. In this...

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Learn key tips and strategies to maximize your profit when selling a small business.

What to know before selling a small business

Are you thinking about selling your business? If retirement is on your horizon, you're not alone. At one time, many small business owners are...

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End of the year financial planning is critical for a successful new year.

End of the Year Financial Planning

Over the last several weeks, we’ve laid out how you can plan for growth and staffing at the end of the year. Now, we’re going to give you the final...

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Discover the difference between bookkeeping and advisory services for your small business accounting needs.

Bookkeeping vs Advisory Services

For the most part, a tax return or a financial statement will look similar no matter who prepares it. That’s not to say that bookkeeping isn’t...

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tire store profit margin

Improve Your Tire Store Profit Margin With These Simple Steps

If you're not sure why your tire store profit margin matters, let us break it down for you:

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