by Jared Surganovich
Accounting, for many, brings to mind images of number-crunching accountants buried under mountains of financial statements. However, accounting is not just for accountants. With the advent of software like QuickBooks Desktop, QuickBooks Online, Xero, and Gusto,...
by Jared Surganovich
In this Reach Reporting tutorial, we will show you how to create a profit and loss statement for your business. Whether you use QuickBooks, Xero, Gusto, or import other data, Reach Reporting can help you generate professional and accurate financial statements. What is...
by Jared Ballard
Net profit margin (NPM) is a financial ratio that is widely used to measure the success of a company. It is an essential metric for investors, shareholders, and businesses to determine the amount of profit a company generates from its revenue. NPM is calculated by...
by Jared Ballard
The cash conversion cycle (CCC) is a crucial metric in assessing a company’s financial health. It measures the time it takes for a company to convert its investments into sales and then into revenue. In other words, it accounts for the time it takes for a...
by Jared Ballard
What Is Average Revenue Per Customer (ARPC)? Average Revenue Per Customer (ARPC) is a powerful metric that reveals how much revenue your business generates from each customer during a specific time frame—monthly, quarterly, or annually. It plays a critical role in...
by Jared Ballard
The Greek philosopher Heraclitus said, “change is the only constant in life.” It doesn’t matter why, when changing times occur, your clients will need your help and your advice. It could be another global pandemic (let’s hope not!), a downturn...