Explaining the Different Types of Business Bankruptcy
Businesses sometimes fall upon hard times just as individuals do and may have to file bankruptcy. A business has several options including …
Continue ReadingBusinesses sometimes fall upon hard times just as individuals do and may have to file bankruptcy. A business has several options including …
Continue ReadingWithout inventory, a business owner finds it impossible to operate. But what happens to the unaware entrepreneur who knows nothing about inventory …
Continue ReadingCash basis accounting is one of two methods being used to record business transactions and many prefer this over the accrual method because it is less …
Continue ReadingManagerial accounting entails gathering and analyzing the financial data being used by various departments in formulating their strategies and …
Continue ReadingComputing analysis ratios is easy but interpreting them the way savvy financial managers do can be difficult. Delve into this guide to understanding …
Continue ReadingIf your business is low on cash—all the time, you need to learn how to better manage your cash flow. It’s not impossible or hard, but often you may …
Continue ReadingDespite the widespread use of financial reports, many can’t make heads or tails of the data or understand how they are used to make sound business …
Continue ReadingWorking capital: these words are gold to the small business owner, and if you don’t understand how it works, what it is or where to get it, your …
Continue ReadingThe maximum price consumers are willing to pay for certain goods or services defines their level of satisfaction and the demand for these goods or …
Continue ReadingIf a company were to go bust, how would its limited assets repay its sundry liabilities? Would those who happen to be at the right place at the right …
Continue ReadingPeople read and hear economic news every day, but sometimes it doesn’t make much sense to ordinary citizens. What do some of us really understand …
Continue ReadingA cash receipts schedule is not a regular reportorial requirement in the ordinary flow of business transactions–hence not many people are in the …
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