What is Price Elasticity of Demand?

What is Price Elasticity of Demand?

SOS Bookkeeping believe that price elasticity is an economic concept that you should get to know. It is instrumental in understanding demand for your product and the price you can set for it. A price elastic product is one that experiences changes in demand as the...
5 ways to ensure you get paid on time

5 ways to ensure you get paid on time

Worrying whether customers will pay you on time is a continual concern for business owners. At SOS Bookkeeping, we know that late payments can lead to cashflow issues, unpaid supplier bills and the need to dip into your own pocket to cover your operational expenses....