The Pharsyde Blog
Blogging from the experts
Is Your Small Business Losing Money? – The Seven Little Known Reasons Why
Accounting, Book Keeping, Business Ownership, Management
Losses in business are fairly common. But some business owners tend to attribute them solely to inefficient sales and marketing. However, that's not the only way a small company can lose money. Here are some of the lesser-known reasons why your bottom line may not be as high as you'd hoped
Guide to Gross Profit Margin: How to Calculate It and Why It Matters
Accounting, Business Ownership, Management
If you're running a business, it's important to understand what gross profit margin is and how to calculate it. This figure tells you how much money your business is making after accounting for the costs of goods sold.
5 Tactics to Increase Customer Retention for Your Small Business
Accounting, Business Ownership, Management
A good customer retention rate is essential to your small business. The more one-off customers you can convert into long-term patrons, the more profitable your business will be.
The Profit-Boosting Benefits of Digitising Your Small Business
Business Ownership, Management
Digitising your small business comes with an array of lucrative benefits that can boost your bottom line and accelerate the growth of your company.
