During an economic downturn, businesses may need to lower their prices to remain competitive, which can reduce their margins or markups. Conversely, during an economic boom, businesses may be able to charge higher prices and maintain higher margins or markups. Competition is another important factor that can affect margin and markup. If a business faces […]

With the dawn of the digital age, however, check kiting has morphed to include electronic funds transfers between different accounts in possibly different banks — sometimes, even across country borders. Retail kiting is very similar to check kiting, but the recipient is different. If a shopper writes a fraudulent check at a grocery store or […]

Shoeboxed Lite costs $15 and offers 50 document scans per month for a single user. As an alternative, Shoeboxed will send you a “magic envelope.” Fill the envelope with your receipts, business cards, and other documents, then send it back. Shoeboxed will automatically transform those documents into digital data for you. Expensify touts itself as […]