Tangible, Intangible Cost of Employee Turnover

Tangible, Intangible Cost of Employee Turnover

Employee turnover is costly. Some of the cost is in monetary terms and fairly straightforward, but much of it is intangible and hard to determine. Here’s a rundown of employee departure costs, replacement costs and other intangible costs associated with turnover....
Avoid These 2 Accounting Mistakes

Avoid These 2 Accounting Mistakes

Strategic accounting mistakes among small- and medium-sized businesses are not unusual. Often, it’s not an accountant keeping the books; rather, it’s the business owner themselves or even a family member or friend. But thorough, accurate accounting requires knowledge...