What is depreciation? In accounting terms, depreciation represents the decrease in the value of assets over time. Assets such as cash or heavy equipment are likely to lose value over time due to market conditions, useful life, or other related situations. Understanding the depreciation of your assets can help you better prepare for your tax […]
In your life sciences consulting firm, you should consider implementing accounting processes as your work to expand your profits. Cutting costs from operations alone may not be enough to help improve your cash flow. Instead, consult with your accountant and discuss your profit goals as you work together in achieving peak performance. As you prepare […]
Testimonials in the small business world are highly valued by their brands and the people behind them. When a customer or client endorses your product or service, it lets you know your company has delivered well. It’s important to keep in mind that as your company works to build your customer base, your clients and […]