Blog

Business Budgeting

Understanding the Operating Profit Formula & How to Calculate it

Operating profit tells you how efficiently you’re running your business. How much money do you have left over after all the necessary expenses of running your business are deducted? The operating profit formula helps you figure out this number.

Ziwei Chen
May 20, 2022
Business Budgeting

Revenue vs Profit: The Difference in Plain English

If you make $1 million a year in revenue, but can only pay yourself a profit of $20,000, is your business successful?

Ziwei Chen
May 6, 2022
Accounts Payable

What is AP Automation? (With Workflow Example)

What is accounts payable (AP) automation? ⚙️ Understand the four steps of the AP process, including an example of an automated AP workflow.

Abigail Gamble
Apr 25, 2022
Business Budgeting

5 Business Budgeting Methods: How to choose the right one?

Budgeting for your business can be done in more than one way. Learn how to choose the best budgeting method to keep your business on the road to success.

Paula Kehoe
Apr 21, 2022
Gearing Up

Scale your firm with standard operating procedures in Karbon

In this episode, Phil Gaudiano shares how he created standard operating procedures in Karbon to ensure his firm delivered a consistent client experience.

Leigh Doyle
Apr 20, 2022
Gearing Up

How to deepen your personal connection with clients — and communicate faster — with Loom

In this episode of Gearing Up, we talk to Andrea Rotondo about how she uses Loom to build personal connections with clients, speed up communication and save time writing out instructions for clients.

Leigh Doyle
Apr 20, 2022
Gearing Up

Build a nonprofit donor dashboard with Google Sheets and Kindful

In this episode of Gearing Up, Clay Sandoz shares the interactive nonprofit financial dashboard he built with Google Sheets and data from Kindful.

Leigh Doyle
Apr 20, 2022