If you’re planning to operate a business, one of the first things you will need to do is acquire the necessary licenses and permits. Failure [Read More…]
Just because you apply for a business loan, there’s no guarantee that you’ll get approved for it. According to research cited by Small Business Trends, [Read More…]
Good business accounting practices begin with understanding the difference between assets and liabilities. A typical balance sheet contains two columns: one for assets and another [Read More…]
Asset turnover is a financial metric that reveals a business’s sales relative to its total assets. Whether a business sells a product or service, it [Read More…]
Do you know how to calculate net working capital for your business? This performance metric can provide insights into your business’s overall financial health, allowing [Read More…]
All businesses need capital to perform their respective operations. Whether it’s a local landscaping company, a retail apparel store, a restaurant, or a business-to-business (B2B) [Read More…]
What is the one thing that all successful, established businesses have in common? It’s their ability to convince prospects to purchase their products or services. [Read More…]
Performing a SWOT analysis is a great way to evaluate a company’s market presence while projecting future growth (or contraction) in the process. Unfortunately, it’s [Read More…]
There are a variety of metrics you can use to analyze your business’s health. Monitoring operational expenses, for example, gives you a better understanding of [Read More…]
Capital gains is an accounting term frequently used by business owners, investors, and tax accountants. This financial metric reveals the profit your make on an [Read More…]
When recording your business’s finances, you should pay attention to capital expenditure. By analyzing this financial metric, you’ll have a better understanding of how much [Read More…]