One of the key tenets of retail is to turn your inventory as quickly as possible. In some cases, it's better to sell items at breakeven or a loss so that you can use that money to buy new inventory ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Here we go again—just as we dig into summer, the busy back-to-school and holiday shopping ...

Beginning inventory refers to the total value of the inventory an organization holds at the start of an accounting period. Beginning inventory does not appear in the balance sheet as organizations ...

The term that began as a half-serious inside joke on tech message boards to describe the odds that AI destroys humankind, has broken into the mainstream. The buzzword ...

Bluevine reports 24 essential financial KPIs for small businesses to track, focusing on profitability, liquidity, and ...

Calculate annual % change by dividing start by end value, raising to inverse years, minus one, times 100. Ex: a drop from $15M to $10M over 2 years is a 18.4% average annual decline. This calculation ...

SINGAPORE--Companies should use a new metric, which a CRM expert calls "returns on customer", to calculate the value of a client across his lifetime with the service provider. Treating customers the ...

Businesses are primarily successful based on how much money they make or their revenue. But while anyone can roughly grasp revenue, what it means and why it’s essential, revenue as a business figure ...