🖨 Print⏱ 4 min readCost accounting is a type of accounting that analyzes a business’ complete production costs by looking at both variable and fixed costs. This includes the concepts of marginal costing, lean accounting, standard costing and activity-based costing. It’s used by a business’ management to evaluate fixed and variable costs involved in the … Continue reading “How Cost Accounting Helps Businesses Measure Performance”
🖨 Print⏱ 5 min readDuring the first year of the pandemic, many homeowners spent their down time upgrading their homes. The year 2020 alone experienced at 3 percent uptick in spending on home improvements – to the tune of nearly $420 billion nationwide. This included modifications for remote work, online schooling and leisure activities at … Continue reading “Should You Upgrade Your Homeowners Insurance?”
🖨 Print⏱ 4 min readIn our current economy, or anytime actually, it can’t hurt to have a side hustle to bring in extra cash. Some of these options can be quite lucrative, but like everything, it takes a little work to create a steady income stream. However, with a little pre-planning, you can do it. … Continue reading “Top Side Hustles”
🖨 Print⏱ 4 min readWeb browsers such as Google Chrome, Firefox, Safari and Edge, among others, play an essential role in enabling access to websites on the internet. Most browsers allow users to install extensions, also referred to as add-ons or plug-ins. These extensions are applications or small software modules that add functionality and other … Continue reading “Risk of Browser Extensions and How to Stay Safe”
🖨 Print⏱ 3 min readDespite borrowing massive amounts of money, the government still needs to find ways to raise revenue to pay for new programs and spending. The current democratically controlled Congress is looking to potentially implement new social programs and a climate bill. As a way of funding these initiatives, they are considering an … Continue reading “Expanding the Net Investment Income Tax”
🖨 Print⏱ 5 min readWhether it’s tariffs, trade wars, or post-pandemic inflation caused by kink-ridden supply chains and what many experts believe to be excess money printing, inflation is an insidious drag on businesses’ operations. When it comes to energy’s contribution to inflation, the U.S. Energy Information Administration (EIA) reports that crude and natural gas … Continue reading “How Businesses Can Mitigate Inflation & Maintain Pricing Power”
🖨 Print⏱ 5 min readImagine selling slices of a large pizza. You can cut it into four even slices and charge $2 a slice. Or, you can cut it into eight even slices and charge $1 per slice. Either way, the total value of the pizza will still be $8. That’s what happens when a … Continue reading “Stock Splits, Explained”
🖨 Print⏱ 3 min readEven though summer is still somewhat in full swing, school will be starting soon. Yes, you heard that right. This means that you probably need to get prepared for the inevitable cash outlay ahead. But it doesn’t have to cost an arm and a leg. Here are some ways to navigate … Continue reading “8 Ways to Save on School Supplies”
🖨 Print⏱ 4 min readNon-fungible tokens (NFTs) are rising in demand, and some brands are already generating great results in their campaigns and providing a unique experience to customers. As the hype around NFTs continues, businesses need to understand how they can benefit. What is an NFT? An NFT is a valuable digital asset created … Continue reading “What Are NFTs and How Can Businesses Benefit?”
🖨 Print⏱ 4 min readSupply Chain Security Training Act of 2021 (S 2201) – This legislation is designed to identify supply chain risks and develop a government program to train federal officials with supply chain risk management responsibilities to prepare and mitigate those risks. The training program would cover the complete acquisition life cycle, including … Continue reading “Strengthening the Supply Chain, the Professional Workforce, Cybersecurity and Coastal Ecosystems”
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