Cash flow analysis is an important aspect of a company's financial management because it reveals the cash it has available to pay bills and invest in its business. The analysis goes beyond accounting ...
Learn how to analyze a statement of cash flows, understand key metrics like free cash flow, and gain insights into a company's financial health.
In the last installment of this series we focused on the income statement. We looked at the various components of it and some examples of income statements. Recently, a number of contractors have ...
Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.
In the “Understanding Financials: Your Income Statement” column, we learned that the accrual-basis method of accounting is based on the economic activity of the business, and that this preferred ...
Add Yahoo as a preferred source to see more of our stories on Google. Just about everyone has heard the phrase " cash is king" in investing. That's true for business finances, too. A simple definition ...
Companies generate financial statements to obtain a comprehensive view of performance, strength and stability. It is important to look at all three financial statements -- the income statement, ...
Collect payment on completion of the work. Accept credit and debit cards. Offer a discount for early payment. Require down payments on larger jobs. Negotiate payment terms with your suppliers.
As business owners, we all know it’s true: Cash is king! Without it, your business couldn’t survive. That’s because you need cash to operate and grow your business. How else will you ensure you’re ...
A good business plan is an entrepreneur’s best friend. It’s an indispensable document, and every section matters, from the executive summary to the market analysis to the appendix; however, no section ...
A credit card sale is not the same thing as a credit sale. When you are paid with a credit card, you've been paid, and you can count the money as yours. Accepting a credit sale says you haven't been ...