• Insight
     -  Dimitrios Matsoulis
    March 27, 2016

    The break-even point is that magic sold product volume where the contributions (revenue minus variable costs) of sold products cover initial investment and fixed costs. The contribution of every …

  • Insight
     -  Rasel T.
    June 15, 2014

    Every business has their unique mission and objectives. To fulfill these objectives top executives or small business owners try to figure out what actions to take on a daily basis. Budgeting plays a …

  • Insight
     -  Ramu I.
    June 20, 2015

    It is a fact of life that sometimes customers simply do not or cannot pay what they owe you. You need to make allowances for this or simply write off unpaid debts from time to time and maintain …

  • Insight
     -  Ramu I.
    February 16, 2015

    Managerial accounting is one of the two important divisions in the world of accounting, with the other one being financial accounting. Financial accounting focuses on the creation of basic accounting …

  • Insight
     -  Ramu I.
    September 07, 2014

    It is important for entrepreneurs to prepare financial projections for their start-up in order to be able to talk to potential investors seriously. Entrepreneurs should be able to demonstrate their …

  • Insight
     -  Rasel T.
    June 16, 2014

    We make decisions about money throughout our lives. A business may want to purchase a new piece of machinery, a student may require a loan to continue his education, a job holder may need to save …

  • Insight
     -  Dimitrios Matsoulis
    August 03, 2015

    Freelancing is becoming one of the dominant forms of work. 50 million Americans (out of a working population of 200 million) choose to work as freelancers in full or part time mode. One side of …