Finance

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How to Build Small Business Credit

By MBO Partners

Business credit can provide protection, value, and financial security for your company. Here’s what you need to know.

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5 Ways a Small Business Go Green and Save Money

By MBO Partners

It’s an unfortunate truth that many environmentally friendly products and services cost more than their less-green counterparts. But going green doesn’t always mean you have to spend more. In fact, independent contractors can actually save a surprising amount of money by adopting a green attitude towards daily business tasks. We’ve compiled a list of five quick…

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3 Ways to Build Small Business Credit

By MBO Partners

Build business credit for your small business by following these three essential steps.

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5 Billing Tips for Contractor Invoicing

By MBO Partners

One of the most important tasks you’ll take on as an independent contractor is tracking and billing your time. Whatever billing method you choose, you’ll want to present a reputable, professional contractor invoice to your clients. Follow these five tips to present a clean, professional invoice to your clients. 1. Set a Billing Policy Creating…

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net vs gross pay

Gross Margin vs Net Margin: Definitions and How to Calculate

By MBO Partners

Gross margin and net margin are two common profit margin ratios you should track on your company’s income statement. These numbers indicate how good your business is at converting revenue into profit and are important in assessing the financial health of your business. What is Gross Margin? Calculating gross margin will help give you an…

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Financial Advisors Independent Contractors Need

By MBO Partners

Being self-employed means you need to be a lot of things: CEO, new business developer, project manager, collection agent, and more. When independents can balance it all, they can have it all: good clients, a solid rate, a strong and steady pipeline of projects. This is what makes these independents rock stars. However, due to lack…

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