During the recession and even now in some industry sectors, one of the problems small businesses had was with their assets. Inventory turnover was slow; collections on accounts receivables was slow. The asset base of small businesses was not really supporting the sales that they made. You can calculate the inventory turnover ratio and the average collection period for your business and compare them to previous time periods and to other firms in your industry sector.

However, if you want to know how your total assets are doing supporting your sales efforts, then you need to use the summary ratio for total assets which is the total asset turnover. Try calculating this ratio and compare it to previous time periods and to other industries in your sector and it will give you the information you are after.

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A company's price earnings ratio is the gold standard of a publicly-traded company's value. This ratio, important in the financial ratio analysis of a business firm, compares the market price of a company's stock to its earnings per share to come up with a multiple. This multiple can then be used to determine if the firm is a good investment and how much an investor is earning per share of stock.

Read and understand more about the price earnings ratio in this newest article on the subject!

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The Kickstarter website is producing one success story after another in terms of creatives getting the projects of their dreams funded. One such artist, Skye Lucking, just launched her first Kickstarter Campaign titled: "A Seuss-Escher Lovechilde goes the Whole 9 Yards." She's the guest author for this week's article "Do's and Don't's of a Kickstarter Campaign" in which she gives tips about how best to launch a Kickstarter Campaign including tips such as:

Do make sure your other web locations (your website or storefront) are up and ready for people to view it. Part of Kickstarter's appeal is that it will bring new eyes to your work whether your project gets funded or not.

Don't put a project funding goal way higher than you need. According to some Kickstarter pro's it is better to have a goal lower than you actually need so it has a better chance to get fully funded. People love to back a winner, so often times you'll get more than the amount you asked for.

Find out more in this article: Do's and Don't's of a Kickstarter Campaign on the Small Biz Finance website

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If you have determined that your company is not going to survive and you need to take bankruptcy, you should not try to go through the bankruptcy proceedings by yourself. You should retain a business bankruptcy lawyer who can make sure that you are treated fairly through the bankruptcy proceedings.

Bankruptcy proceedings are complicated and a bankruptcy lawyer can help you choose the type of business bankruptcy that is appropriate for your business.

Check out the steps you should take when choosing a bankruptcy lawyer!

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