Content in Accounting and Finance

OBJECTIVE: Growing your business will require establishing a solid foundation of internal controls including accounting, auditing, purchasing and dama...

A ‘depressed economy’ is an economy which experiences a prolonged period of recession, or a significant and prolonged downturn in the econ...

Most businesses have to deal with an overdue or unpaid account at some point or another. The best way to avoid collection hassles is to take preventiv...

OBJECTIVE: Your business growth will come about by not only making money but by carefully investing the cash produced by frugal spending. You will lea...

It can be difficult to prove that an employee is stealing your equipment or inventory, but this can be extremely costly fraud. The key is not to catch...

OBJECTIVE: The degree of your success through growth will depend on how good you are in making capital allocations from your retained earnings. This s...

As any small business owner knows, maintaining smooth cash flow requires juggling nearly every facet of a business, from staying on top of accounts re...

Cash flow problems often catch small business owners by surprise. An accurate cash flow projection can protect entrepreneurs against this situation. A...

A goal that remains in your “mind” only is not an achievable goal.  Just thinking about wanting to accomplish something is not enough.  If we never wr...

Proper bookkeeping is important to sustaining and expanding a business. Without it, you run the risk of hitting cash flow crunches, wasting money, and...

Your gross profit ratio tells you how much of each sales $currency_text$ you can expect to use to cover your operating expenses and profit. In other w...

OBJECTIVE: Selling your business is not a process you can turn over to your stockbroker, lawyer or Chartered accountant, although you will need all th...