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Aug 214 min read
Medical Spa Profit Margin and How to Calculate It
Profit margin is a simple yet powerful metric that tells you how much profit your medical spa makes relative to its revenue. This...
297
Aug 184 min read
Medspa Client Billing and Accounts Receivable
TABLE OF CONTENT What is Client Billing in Medspas? The Importance of Accurate Accounts Receivable Setting Up a Billing System for Your...
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Aug 184 min read
Maximize Medspa Returns and Profitability in 2024
The emphasis now is on using efficient business tactics to increase profitability and guarantee sustainability, not only on offering...
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Aug 135 min read
How Do Bookkeeping Services Help Small Law Firm
Running a small law firm is no small feat. Between juggling client cases, managing staff, and staying on top of legal updates,...
31
Aug 94 min read
How Medical Spa Practices Maximize Value With an MSO
Management Service Organizations, or MSOs, have revolutionized the medical spa industry by offering a solid structure for handling...
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Aug 64 min read
Understanding Medical Spa Management with MSOs
Medical spas among other healthcare providers depend much on Management Service Organizations (MSOs) to improve their operational...
21
Jul 274 min read
Master Your Medspa's Finances: A Financial Statement Guide
Navigating the financial landscape of a medical spa requires more than just a cursory understanding of day-to-day transactions. It...
185
Jul 264 min read
Mastering Cost Control and Profitability in Medical Spas
Money management skills are essential in the cutthroat field of medical spas. A good financial plan guarantees the longevity of your spa...
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Jul 254 min read
Tracking Financial Transactions in Law Firm Ledgers
For law firms, the accuracy with which financial transactions are recorded in the general ledger is not only about maintaining book...
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Jul 233 min read
Reducing errors in bookkeeping with 3-way reconciliation
3-way reconciliation, a pivotal process for any legal practice, ensures that financial records—bank statements, client ledgers, and...
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Jul 194 min read
Effective Tools for 3-Way Reconciliation in Legal Accounting
Particularly relevant for handling client money kept in trust accounts such as IOLTAs (Interest on Lawyers Trust Accounts), 3-way...
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Jul 164 min read
Chart of Accounts Mistakes for Law Firms
The chart of accounts is an important part of managing your company's money. This basic tool is the core of your accounting system; it...
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