Sales tax by state amounts differ by each state. There are a couple of states that do not charge any sales taxes. Some states only charge sales tax on non-consumable items, while some states charge sales taxes on all purchases. There are also some states that charge a higher sales tax rate for purchases made […]
What Is Revenue Recognition and How to Master It: 2 Tips
According to GAAP, accountants deal with revenue recognition in two ways. The first one is Cash Basis Accounting, and the second one is Accrual Basis Accounting. Accrual Basis: revenue recognition is posting income when the company earns it. Cash Basis: revenue recognition is recording income when the business receives cash. How to Master Revenue Recognition […]
Top 6 B2B Marketing Tips You Need to Know for Sure-fire Strategy
Generating business for a B2B company is fundamentally a relationships game. B2B sales and marketing often have a big job, with closed deals commanding a much higher price tag than the average B2C transaction. B2B marketing activities can take numerous forms, with traditional channels more recently being vastly augmented by digital and automated components. In […]
Crucial Social Media Marketing Strategy Tips for Beginners
Running a social media campaign has become a critical part in the success of any company. In fact, in the 21st century, almost every brand has the assurance of finding its customers on social media networks. However, reaching them without a well-planned social media marketing strategy is not easy. Many popular sites keep changing their […]
What Are Inside Sales and How Is This Strategy Used for Best Results
No matter what size or type of company you work for, chances are they have an inside sales team. Inside sales has evolved over the decades, becoming a more efficient and economical way to sell products and to compete in a global economy. Companies that would never have the opportunity to ring your doorbell are […]