• Insight
     -  Rasel T.
    June 21, 2014

    Business managers grow their business by improving the quality of their products and services which leads to increased sales.  When sales increase, expenses increase as well due to increased …

  • Insight
     -  Ramu I.
    June 20, 2015

    For small businesses, billing can often create problems because limited staff are all stretched thin and that means these people tend to concentrate more on growth than invoicing customers. The …

  • Insight
     -  Ramu I.
    October 12, 2014

    Inventory and working capital have a close relationship and inventory levels play a major role in determining the working capital requirements of any business. The basic formula for calculating …

  • 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
     -  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
     -  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
     -  Richard F.
    October 19, 2014

    Although some business owners prefer to leave their financial statements to their accountants, these are actually essential business tools. If you can figure out the notes on the back of your cereal …