What is EBIT (Earnings Before Income and Taxes)?
Determining your company’s financial health is difficult. There are several criteria to take into account, and the numbers…
What is a Statement of Financial Position?
The balance sheet is another name for a company’s statement of financial position. It is used to report…
What Is Payroll? Ultimate Guide
When you’re building a business from the ground up, you’ll inevitably need extra hands when things get busy.…
How To Take Card Payments: Step BY Step Guide 2023
Are you a small business owner considering taking credit card payments online? Or perhaps you’re interested in learning…
TAX-FREE SAVINGS ALLOWANCE: PSA Updated Guide 2023
Tax-free savings were changed; introducing a new personal savings allowance on April 6, 2016. According to the Personal…
Simple Interest: Meaning & How It’s Calculated
Simple interest is a loan interest payment that borrowers pay to lenders. It is based solely on the…
Internal Sources Of Finance
Finance is the lifeblood of any company. The operations of an entity begin with capital, the first source…
What Is A Private Sector?
The private sector is critical to urban and economic growth. Not only does the private sector contribute to…
PENSIONABLE EARNINGS: How To Calculate Pensionable Earnings
When you auto-enrol your employees into a workplace pension scheme as an employer, the UK government sets minimum…
UK Interest Rates: What Is the Current Interest Rate 2023 UK?
Many analysts have predicted that UK interest rates will be on the rise, but the fact remains that…