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24 tagged with "Profit Margins"

Calculate, benchmark, and improve profit margins across your business

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The Bridal Shop Owner's Bookkeeping Guide: Special-Order Deposits, Consignment Inventory, and the KPIs That Matter
·mike

The Bridal Shop Owner's Bookkeeping Guide: Special-Order Deposits, Consignment Inventory, and the KPIs That Matter

How independent bridal shop owners book special-order deposits under ASC 606, separate memo and consignment from owned inventory, navigate the ABC test for in-house seamstresses, handle multi-state sales tax after Wayfair, capitalize bridal suite buildouts, and track the operational KPIs that signal real profitability.

bookkeeping
small-business
revenue-recognition
consignment-accounting
+5
Commercial Janitorial and Office Cleaning Service Bookkeeping: A Practical Guide for Independent Operators
·mike

Commercial Janitorial and Office Cleaning Service Bookkeeping: A Practical Guide for Independent Operators

How independent commercial cleaning operators should structure revenue recognition under ASC 606, allocate route-level costs, capitalize equipment under Section 179, and manage 1099 misclassification risk — with ISSA-aligned KPI benchmarks and a chart-of-accounts outline.

bookkeeping
small-business
revenue-recognition
section-179
+4
Auto Body Collision Repair Shop Bookkeeping: DRP, Parts Margins, Supplements, and Section 179
·mike

Auto Body Collision Repair Shop Bookkeeping: DRP, Parts Margins, Supplements, and Section 179

Collision shops bleed cash when DRP revenue isn't booked net of concessions, parts margins aren't split across OEM, aftermarket, and LKQ pools, and supplements slip through CCC and Mitchell without authorization. A guide to the bookkeeping, Section 179 equipment decisions, and the cycle time, touch time, and severity KPIs insurers actually watch.

bookkeeping
small-business
collision-repair
revenue-recognition
+4
Independent Cinema and Drive-In Bookkeeping: Film Rental, Concession Margins, and ASC 606 Deferred Revenue
·mike

Independent Cinema and Drive-In Bookkeeping: Film Rental, Concession Margins, and ASC 606 Deferred Revenue

Independent theaters keep 10-50% of box office after the distributor split but 85-92% of every concession dollar. This guide covers film rental settlements, ASC 606 deferred revenue for gift cards and movie passes, concession COGS by category, breakage and state escheatment, and Section 179 expensing for digital projectors and recliner seating.

bookkeeping
small-business
creative-industries
revenue-recognition
+4
Painting Contractor Bookkeeping: How Residential and Commercial Painters Bid, Job-Cost, and Stay Profitable Without Bleeding Margin on Callbacks
·mike

Painting Contractor Bookkeeping: How Residential and Commercial Painters Bid, Job-Cost, and Stay Profitable Without Bleeding Margin on Callbacks

Painting contractors lose margin in three places — unmeasured prep hours, a wrong burdened labor rate, and unreserved callbacks. This guide shows the chart of accounts, EPA RRP cost treatment, warranty reserve journal entries, and lender-grade KPIs that keep residential and commercial painters profitable.

bookkeeping
small-business
trades
job-costing
+4
MSP Bookkeeping: ASC 606, Per-Seat MRR, and the Three Numbers Buyers Check First
·mike

MSP Bookkeeping: ASC 606, Per-Seat MRR, and the Three Numbers Buyers Check First

How small and mid-sized managed service providers should structure their general ledger so that MRR percentage, customer concentration, and service-line gross margin are always investor-ready — with concrete chart-of-accounts, ASC 606, and utilization mechanics.

bookkeeping
accounting
revenue-recognition
chart-of-accounts
+4
Markup vs. Margin: The Pricing Mistake That Quietly Costs Small Businesses 7 Points of Profit on Every Sale
·mike

Markup vs. Margin: The Pricing Mistake That Quietly Costs Small Businesses 7 Points of Profit on Every Sale

Markup and margin share a numerator but not a denominator, and the gap can quietly cost a contractor $99,000 a year. A plain-language guide to the conversion math, a target-margin lookup table, and why retailers, contractors, and restaurants keep underpricing jobs.

pricing-strategies
profit-margins
small-business
bookkeeping
+4
Pet Boarding, Daycare, and Grooming Bookkeeping: Run-Night Revenue, Add-On Allocation, and Gingr/PetExec Reconciliation
·mike

Pet Boarding, Daycare, and Grooming Bookkeeping: Run-Night Revenue, Add-On Allocation, and Gingr/PetExec Reconciliation

Pet boarding, daycare, and grooming operators run three businesses under one roof — services earned over time, retail earned at sale, and pass-throughs that are never revenue. This guide builds a chart of accounts that separates service lines, recognizes boarding revenue per run-night through a deferred-revenue liability, allocates add-ons to the service that produced them, and reconciles Gingr or PetExec daily summaries to the bank deposit by isolating processor fees, tips payable, deposits, and refunds.

bookkeeping
small-business
chart-of-accounts
revenue-recognition
+4
Brewery Bookkeeping: Cost Per Barrel, TTB Excise Tax, and the Shrinkage That Makes COGS Lie
·mike

Brewery Bookkeeping: Cost Per Barrel, TTB Excise Tax, and the Shrinkage That Makes COGS Lie

How to build a craft brewery's books so cost of goods sold tells the truth—a production chart of accounts, a true cost-per-barrel formula using net barrels, TTB excise tax rates ($3.50/barrel on the first 60,000), and the 3–8% shrinkage that inflates margin if ignored.

bookkeeping
small-business
inventory
cost-of-goods-sold
+4
Common-Size and Trend Analysis: Turning Financial Statements Into Percentages to Catch Margin Erosion
·mike

Common-Size and Trend Analysis: Turning Financial Statements Into Percentages to Catch Margin Erosion

Common-size analysis restates every line of a financial statement as a percentage of revenue or total assets; trend analysis indexes the same lines across years. Together they expose cost creep, margin erosion, and balance sheet drift that raw dollars hide, and they make a $2M business meaningfully comparable to a $50M peer.

financial-analysis
financial-statements
benchmarks
profit-margins
+4
DuPont Analysis Demystified: How to Decompose Return on Equity Into the Three Levers Owners Actually Control
·mike

DuPont Analysis Demystified: How to Decompose Return on Equity Into the Three Levers Owners Actually Control

A practical guide to DuPont Analysis — how to split return on equity into net margin, asset turnover, and the equity multiplier (3-step), or further into tax and interest burdens (5-step), with worked examples, trade-offs, and the pitfalls that catch people who apply it mechanically.

financial-ratios
financial-analysis
profitability
profit-margins
+4
Markup Versus Margin: The Pricing Math Small Businesses Get Wrong
·mike

Markup Versus Margin: The Pricing Math Small Businesses Get Wrong

A 50% markup is a 33.3% margin, not a 50% margin — markup divides profit by cost, margin divides it by selling price. This guide gives the conversion formulas, a reference table, and shows how the mix-up quietly costs small businesses thousands.

pricing-strategies
profit-margins
profitability
small-business
+3
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