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  • Review these five aspects when it comes to your company's liquidity
  • As the business owner, you're the master of your financial budget, cash, financial operations, financial plan and so on. This means there are always tasks you have to perform on a regular basis and aspects to manage and review. When it comes to the amount of cash your business has to deal with, there are several facts you should check to make sure you can improve the liquidity position. Let... ››› more
  • [21 April 2015]
  • If you want to become financially independent, read this now!
  • Are you thinking about taking the plunge and starting a business? Or do you want your business to become financially independent? You need a good financial plan to support your business strategy. With it, you can focus on reaching your strategic goals and make accurate decisions in all areas of your business. Read on to discover how to do it correctly and become financially independent... ››› more
  • [13 April 2015]
  • The essential facts you need to know about your company's Sales Expense budget
  • As a business owner, you need to make sure you understand the importance of a Sales Expense budget. Here's why... If you don't understand what costs will escalate with increased sales, you'll lose control of company spending. But what exactly is a Sales Expense budget? Sales expenses are those expenses directly related to selling a product. As a result, your Sales Expense budget lists the t... ››› more
  • [08 April 2015]
  • Three manufacturing overhead costs you must include in your company budget: How it's done
  • If your company is a manufacturer, your budget will include various elements that you won't find in a regular budget. And this includes overhead costs. These costs are tricky to account for, so here's what you should know about them... How to account for manufacturing costs in your compay budget Since manufacturing costs are indirect costs, you can't match them directly to specific jobs or... ››› more
  • [08 April 2015]
  • Six vital components the Financial Section of your Business Plan must include
  • The components of the financial section of your business paln vary from other areas in the business plan and they occupy their own specific segment in the major plan. Today, we want to discuss each of them in a proper manner so you know what you need to include. Here are the six components you need to include in the financial section of your business plan: A financial forecast isn't nece... ››› more
  • [07 April 2015]
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