• 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.
    February 13, 2015

    The old saying that cash is king is true for non-profit businesses because, without financing, you have no hope of implementing the programs and benefits that your non-profit business is designed to …

  • Insight
     -  Susmita B.
    June 11, 2014

    Accounting is the language in which economic communication takes place. It measures processes and communicates details of financial activities of economic business entities.  Accounting as a …

  • 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
     -  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.
    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 …