Calculating Revenue Emporia KS

What was your total revenue last year? It's a simple question, but you'd be surprised how different the answers can be. To establish meaningful benchmarks it's important to always compare apples to apples — or at least red apples to green apples instead of some other fruit. That means agreeing on the definitions of terms like “revenue.”

Local Companies

Smith Steven Connie
(620) 343-1809
16 Bodock Rd
Emporia, KS
Ogle Construction
(620) 340-0089
2037 W 15th Ave
Emporia, KS
Gutter Cover of Wichita
(316) 777-1185
10401 E 95th St S
Derby, KS
Bartlett Electric
(620) 442-9058
416 Highland Dr
Arkansas City, KS
Brewer Co Inc
(913) 338-0111
Overland Park, KS
Rs Services
(913) 381-7553
5424 W 100th St
Overland Park, KS
Kong Construction
(785) 830-9284
862 E 1500th Rd
Baldwin City, KS
Davison Remodeling
(620) 331-1759
1060 S 2nd St
Independence, KS
Todd Roofing Co
(316) 321-5779
El Dorado, KS
Action Remodeling
(316) 722-8611
4846 N Ridge Rd
Wichita, KS


What was your total revenue in recent years? It's a simple question, but you'd be surprised how different the answers can be. Because this department in the magazine is concerned with measurement against standards, it's important that we're always comparing apples to apples — or at least red apples to green apples instead of some other fruit. That means agreeing on what we mean by terms like “revenue.”

And, by the way, we're talking here about revenue calculations for management purposes, not for tax preparation. There are perfectly legal tactics (and plenty of illegal ones as well) that you can use to manipulate revenue to reduce taxes, but they are counterproductive if they fool you into thinking that your business is healthier than it actually is.

CASH

Most small businesses running out of a check-book use a cash system. This doesn't mean that you are literally getting paid in greenbacks; it means that revenue is recognized whenever money is deposited, whether it's cash, check, or money order. Annual revenue is simply the sum of all these deposits from the first to the last day of the fiscal year.

Easy, yes, but it can get sticky if there are other sources of revenue besides remodeling. These should be subtracted from the total to give a true picture of remodeling revenue.

Click here to read full article from Remodeling

Featured Local Company

G-T Maintenance

316-390-7428
2 East Court
El Dorado, KS

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- Online Scheduling Emporia KS
With the internet being used as a main form of communication these days, more and more businesses are turning to online scheduling for filling their appointment books. Here are some features you can expect from an online scheduling program.
- Matching Budget to Revenue Goals Emporia KS
- Small Business Computer Consulting Emporia KS
- Tax Problems Emporia KS
- Multiple Revenue Streams Emporia KS
- Mutual Fund Recordkeeping Tools Emporia KS
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