• 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
     -  Susmita B.
    December 05, 2014

    By examining the profitability of a business, can you tell whether the business has good cash flow? As it turns out, a profitable business may or may not have a good, positive cash flow. Profit is …

  • Insight
     -  Ramu I.
    July 14, 2015

    As the age of an account or invoice increases, there is a noticeable decline in the chances of being able to collect on the invoice. It can be misleading or inaccurate to carry receivables on your …

  • Insight
     -  Dimitrios Matsoulis
    February 15, 2015

    Effectively managing operations is the groundwork for efficiency and cost control. Naturally, saving money from operations leads to leaner activities and can provide extra room for more aggressive …